NewBridge Bancorp (NBBC) Income Statement

Income Statement for NewBridge Bancorp  (NBBC) 
$ 4.00   0.08 (+2.04%) Volume: 10.43 k 3:45 PM EST Feb 10, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Loans 74,795 84,089 102,187 85,022 60,396
Investment Securities 15,022 14,175 14,695 11,006 5,765
Lease Financing Income - - - - -
Other Interest Income - - - - -
Federal Funds Sold/Purchased - - 51,041 73,750 948
Interest Bearing Deposits 96 236 966 1,070 350
Loans Held for Resale - - - - -
Trading Account Securities - - - - -
Time Deposits Placed - - - - -
Other Money Market Investments - - - - -
Total Money Market Investments 96 236 1,080 1,593 1,162
Total Interest Income 89,913 98,500 117,962 97,621 67,323
Deposits 14,960 31,891 44,672 36,686 21,057
Short-Term Debt - - - - -
Long-Term Debt 5,494 7,265 5,483 4,634 3,126
Federal Funds Sold/Purchased - - 51,041 73,750 948
Capitalized Lease Obligations - - - - -
Other Interest Expense - - - - -
Total Interest Income 89,913 98,500 117,962 97,621 67,323
Total Interest Expense (20,454) (39,156) (53,852) (42,368) (24,195)
Net Interest Income 69,459 59,344 64,110 55,253 43,128
Loan Loss Provision (21,252) (35,749) (25,262) (18,952) (5,510)
Net Interest Income After Loan Loss Provision 48,207 23,595 38,848 36,301 37,618
Trust Fees by Commissions 3,604 3,816 571 639 590
Service Charge on Deposit Accounts 7,392 8,527 9,328 7,791 6,884
Other Service Charges - - 6,698 5,504 5,667
Security Transactions 3,637 389 2,459 (38) -
Premiums Earned - - - - -
Net Realized Capital Gains 2,438 601 (111) (71) 259
Investment Banking Profit - - - - -
Other Non-Interest Income 2,436 5,844 1,637 1,173 890
Non-Interest Income 19,507 19,177 20,582 14,998 14,290
Salaries and Employee Benefits 33,388 35,429 35,813 30,744 22,497
Net Occupancy Expense 8,833 11,448 9,216 6,473 4,128
Promotion and Advertising - - 1,940 1,144 866
Property/Liability Insurance Claims 3,491 4,528 - - -
Policy Acquisition Costs - - - - -
Amortization of Deferred Policy Acquisition Costs - - - - -
Current and Future Benefits Expense - - - - -
Other Non-Interest Expense 18,869 18,141 22,786 20,430 14,667
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges - - (53,501) (3,565) (1,166)
Non-Interest Expense (64,581) (69,546) (69,755) (58,791) (42,158)
Special Income/Charges - - (53,501) (3,565) (1,166)
Net Income Before Taxes 3,133 (26,774) (63,826) (11,057) 8,584
Premium Tax (Credit) - - - - -
Minority Interest - - - - -
Income Taxes 247 11,641 6,924 5,394 (2,584)
Net Income from Continuing Operations 3,380 (15,133) (56,902) (5,663) 6,000
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 3,380 (15,133) (56,902) (5,663) 6,000
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 3,380 (15,133) (56,902) (5,663) 6,000
Normalized Income 3,380 (15,133) (3,401) (2,098) 7,166
Net Income Available for Common 461 (18,050) (57,056) (5,663) 6,000
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.00 0.00 0.56 0.68 0.68
Preferred Dividends 2,919 2,917 154 - -
Basic EPS from Continuing Operations 0.03 -1.15 -3.64 -0.49 0.71
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations 0.03 -1.15 -3.64 -0.49 0.71
Basic EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Basic EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward 74,795 84,089 102,187 85,022 60,396
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total 0.03 -1.15 -3.64 -0.49 0.71
Basic Normalized Net Income/Share 0.03 -1.15 -0.22 -0.18 0.85
Diluted EPS from Continuing Operations 0.03 -1.15 -3.64 -0.49 0.71
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations 0.03 -1.15 -3.64 -0.49 0.71
Diluted EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Diluted EPS, Total 0.03 -1.15 -3.64 -0.49 0.71
Diluted Normalized Net Income/Share 0.03 -1.15 -0.22 -0.18 0.85
Revenues Year-to-Date 109,420 117,677 138,544 112,619 81,613
Income Year-to-Date from Total Operations 3,380 (15,133) (56,902) (5,663) 6,000
EPS Year-to-Date from Total Operations 0.03 -1.15 -3.64 -0.49 0.71
Dividends Paid Per Share, Year-to-Date 0.00 0.00 0.56 0.68 0.68