New Century Bancorp Inc. (NCBC) Income Statement

Income Statement for New Century Bancorp Inc.  (NCBC) 
$ 2.20   -0.01 (-0.45%) Volume: 1.94 k 11:37 AM EST Feb 10, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Loans 30,896 29,694 30,887 36,818 31,291
Investment Securities 2,646 3,293 3,733 2,977 2,475
Lease Financing Income - - - - -
Other Interest Income - - - - -
Federal Funds Sold/Purchased - - - - -
Interest Bearing Deposits - - - - -
Loans Held for Resale - - - - -
Trading Account Securities - - - - -
Time Deposits Placed - - - - -
Other Money Market Investments - - - - -
Total Money Market Investments 68 43 617 1,803 2,046
Total Interest Income 33,610 33,030 35,237 41,598 35,812
Deposits 9,101 12,472 16,408 19,044 14,454
Short-Term Debt 276 280 304 690 767
Long-Term Debt 303 370 660 919 946
Federal Funds Sold/Purchased - - - - -
Capitalized Lease Obligations - - - - -
Other Interest Expense - - - - -
Total Interest Income 33,610 33,030 35,237 41,598 35,812
Total Interest Expense (9,680) (13,122) (17,372) (20,653) (16,167)
Net Interest Income 23,930 19,908 17,865 20,945 19,645
Loan Loss Provision (15,634) (5,472) (4,283) (5,974) (2,779)
Net Interest Income After Loan Loss Provision 8,296 14,436 13,582 14,971 16,866
Trust Fees by Commissions - - - - -
Service Charge on Deposit Accounts 1,641 2,000 1,846 1,799 1,380
Other Service Charges 226 328 514 1,227 1,120
Security Transactions - - - - -
Premiums Earned - - - - -
Net Realized Capital Gains - - - - -
Investment Banking Profit - - - - -
Other Non-Interest Income 811 770 764 844 778
Non-Interest Income 2,678 3,098 3,124 3,870 3,278
Salaries and Employee Benefits 10,995 10,190 10,245 9,011 8,180
Net Occupancy Expense 1,557 1,560 1,526 1,433 1,217
Promotion and Advertising - - - 385 356
Property/Liability Insurance Claims - - - - -
Policy Acquisition Costs - - - - -
Amortization of Deferred Policy Acquisition Costs - - - - -
Current and Future Benefits Expense - - - - -
Other Non-Interest Expense 6,661 22,973 5,724 5,400 4,063
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges - 8,674 357 - -
Non-Interest Expense (19,213) (34,723) (17,495) (16,229) (13,816)
Special Income/Charges - 8,674 357 - -
Net Income Before Taxes (8,239) (8,515) (432) 2,612 6,328
Premium Tax (Credit) - - - - -
Minority Interest - - - - -
Income Taxes 3,284 73 239 (953) (2,358)
Net Income from Continuing Operations (4,955) (8,442) (193) 1,659 3,970
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations (4,955) (8,442) (193) 1,659 3,970
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income (4,955) (8,442) (193) 1,659 3,970
Normalized Income (4,955) (17,116) (550) 1,659 3,970
Net Income Available for Common (4,955) (8,442) (193) 1,659 3,970
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 0.00 0.00 0.00
Preferred Dividends - - - - -
Basic EPS from Continuing Operations -0.72 -1.24 -0.03 0.25 0.69
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations -0.72 -1.24 -0.03 0.25 0.69
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 30,896 29,694 30,887 36,818 31,291
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total -0.72 -1.24 -0.03 0.25 0.69
Basic Normalized Net Income/Share -0.72 -2.51 -0.09 0.25 0.69
Diluted EPS from Continuing Operations -0.72 -1.24 -0.03 0.24 0.65
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations -0.72 -1.24 -0.03 0.24 0.65
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 -0.72 -1.24 -0.03 0.24 0.65
Diluted Normalized Net Income/Share -0.72 -2.51 -0.09 0.24 0.65
Revenues Year-to-Date 36,288 36,128 38,361 45,468 39,090
Income Year-to-Date from Total Operations (4,955) (8,442) (193) 1,659 3,970
EPS Year-to-Date from Total Operations -0.72 -1.24 -0.03 0.24 0.65
Dividends Paid Per Share, Year-to-Date 0.00 0.00 0.00 0.00 0.00