Premier Financial Bancorp Inc. (PFBI) Income Statement

Income Statement for Premier Financial Bancorp Inc.  (PFBI) 
$ 5.91   -0.25 (-4.06%) Volume: 4.45 k 3:55 PM EST Feb 10, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Loans 45,278 34,171 29,692 27,201 25,926
Investment Securities 8,076 6,975 7,359 5,666 5,236
Lease Financing Income - - - - -
Other Interest Income 158 57 45 56 23
Federal Funds Sold/Purchased 29,637 24,600 18,351 12,477 13,531
Interest Bearing Deposits - - - - -
Loans Held for Resale - - - - -
Trading Account Securities - - - - -
Time Deposits Placed - - - - -
Other Money Market Investments - - - - -
Total Money Market Investments 11 24 748 1,829 1,215
Total Interest Income 53,523 41,227 37,844 34,752 32,400
Deposits 8,605 9,121 10,676 11,019 8,984
Short-Term Debt - - - - -
Long-Term Debt 1,004 885 882 1,116 1,787
Federal Funds Sold/Purchased 29,637 24,600 18,351 12,477 13,531
Capitalized Lease Obligations - - - - -
Other Interest Expense - - - - -
Total Interest Income 53,523 41,227 37,844 34,752 32,400
Total Interest Expense (9,779) (10,144) (11,809) (12,456) (11,005)
Net Interest Income 43,744 31,083 26,035 22,296 21,395
Loan Loss Provision (3,297) (1,052) (147) 78 1,161
Net Interest Income After Loan Loss Provision 40,447 30,031 25,888 22,374 22,556
Trust Fees by Commissions - - - - -
Service Charge on Deposit Accounts 4,054 3,521 - - -
Other Service Charges 1,525 1,084 3,249 2,738 2,804
Security Transactions - - 93 - -
Premiums Earned - - - - -
Net Realized Capital Gains - - - - -
Investment Banking Profit 445 443 - - -
Other Non-Interest Income 737 4,088 1,949 1,885 1,361
Non-Interest Income 6,761 9,136 5,291 4,623 4,165
Salaries and Employee Benefits 18,355 14,207 10,229 8,771 9,130
Net Occupancy Expense 4,907 3,261 2,546 2,017 1,907
Promotion and Advertising - - - - -
Property/Liability Insurance Claims 1,894 1,292 - - -
Policy Acquisition Costs - - - - -
Amortization of Deferred Policy Acquisition Costs - - - - -
Current and Future Benefits Expense - - - - -
Other Non-Interest Expense 9,220 9,113 7,060 5,620 5,900
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges 157 758 (59) - -
Non-Interest Expense (34,376) (27,873) (19,835) (16,408) (16,937)
Special Income/Charges 157 758 (59) - -
Net Income Before Taxes 12,989 12,052 11,285 10,589 9,784
Premium Tax (Credit) - - - - -
Minority Interest - - - - -
Income Taxes (3,817) (2,934) (3,749) (3,470) (3,283)
Net Income from Continuing Operations 9,172 9,118 7,536 7,119 6,501
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 9,172 9,118 7,536 7,119 6,501
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 9,172 9,118 7,536 7,119 6,501
Normalized Income 9,015 8,360 7,595 7,119 6,501
Net Income Available for Common 7,923 8,985 7,536 7,119 6,501
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.22 0.44 0.43 0.40 0.10
Preferred Dividends 1,249 133 - - -
Basic EPS from Continuing Operations 1.00 1.32 1.25 1.36 1.24
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations 1.00 1.32 1.25 1.36 1.24
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 45,278 34,171 29,692 27,201 25,926
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total 1.00 1.32 1.25 1.36 1.24
Basic Normalized Net Income/Share 0.98 1.21 1.26 1.36 1.24
Diluted EPS from Continuing Operations 0.98 1.32 1.25 1.35 1.24
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations 0.98 1.32 1.25 1.35 1.24
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 0.98 1.32 1.25 1.35 1.24
Diluted Normalized Net Income/Share 0.96 1.21 1.26 1.35 1.24
Revenues Year-to-Date 60,284 50,363 43,135 39,375 36,565
Income Year-to-Date from Total Operations 9,172 9,118 7,536 7,119 6,501
EPS Year-to-Date from Total Operations 0.98 1.32 1.25 1.35 1.24
Dividends Paid Per Share, Year-to-Date 0.22 0.44 0.43 0.40 0.10