STATE BANCORP INC (STBC) Income Statement

Income Statement for STATE BANCORP INC  (STBC) 
$ N/A N/A (N/A) Volume: N/A
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Loans 61,511 60,200 70,258 82,489 77,737
Investment Securities 14,883 17,765 19,835 24,515 24,432
Lease Financing Income - - - - -
Other Interest Income 126 108 - - -
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 2 6 1,349 3,876 4,320
Total Interest Income 76,522 78,079 91,443 110,880 106,489
Deposits 9,892 13,339 23,329 42,255 41,230
Short-Term Debt 89 116 3,010 5,716 720
Long-Term Debt 1,851 2,545 2,235 2,744 2,303
Federal Funds Sold/Purchased - - - - -
Capitalized Lease Obligations - - - - -
Other Interest Expense - - - - -
Total Interest Income 76,522 78,079 91,443 110,880 106,489
Total Interest Expense (11,832) (16,000) (28,573) (50,715) (44,253)
Net Interest Income 64,690 62,079 62,870 60,165 62,237
Loan Loss Provision (12,900) (39,500) (17,226) (4,464) (2,490)
Net Interest Income After Loan Loss Provision 51,790 22,579 45,644 55,702 59,747
Trust Fees by Commissions - - - - -
Service Charge on Deposit Accounts 1,845 2,161 2,217 2,099 2,399
Other Service Charges - - - - -
Security Transactions 3,519 994 (6,156) (219) (69)
Premiums Earned - - - - -
Net Realized Capital Gains - - - - -
Investment Banking Profit - - - - -
Other Non-Interest Income 2,881 2,344 4,303 3,496 3,361
Non-Interest Income 8,245 5,499 365 5,376 5,691
Salaries and Employee Benefits 27,557 32,978 22,880 30,404 27,095
Net Occupancy Expense 6,689 7,121 7,246 6,741 6,195
Promotion and Advertising 1,568 775 812 1,257 1,743
Property/Liability Insurance Claims - - - - -
Policy Acquisition Costs - - - - -
Amortization of Deferred Policy Acquisition Costs - - - - -
Current and Future Benefits Expense - - - - -
Other Non-Interest Expense 6,210 7,629 12,814 11,119 2,594
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges - (4,000) - (2,391) -
Non-Interest Expense (42,024) (48,503) (43,751) (49,522) (37,626)
Special Income/Charges - (4,000) - (2,391) -
Net Income Before Taxes 18,011 (24,425) 2,258 9,165 27,811
Premium Tax (Credit) - - - - -
Minority Interest - - - - -
Income Taxes (6,570) 9,605 (451) (2,936) (16,317)
Net Income from Continuing Operations 11,441 (14,820) 1,807 6,229 11,494
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 11,441 (14,820) 1,807 6,229 11,494
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 11,441 (14,820) 1,807 6,229 11,494
Normalized Income 11,441 (10,820) 1,807 8,620 11,494
Net Income Available for Common 9,370 (16,878) 1,807 6,229 11,494
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.20 0.20 0.50 0.45 0.60
Preferred Dividends 2,071 2,058 - - -
Basic EPS from Continuing Operations 0.57 -1.16 0.12 0.45 1.02
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations 0.57 -1.16 0.12 0.45 1.02
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 61,511 60,200 70,258 82,489 77,737
Basic EPS from Other Gains(Loss) 0.00 0.00 0.00 0.00 0.00
Basic EPS, Total 0.57 -1.16 0.12 0.45 1.02
Basic Normalized Net Income/Share 0.57 -0.85 0.12 0.62 1.02
Diluted EPS from Continuing Operations 0.57 -1.16 0.12 0.45 0.10
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations 0.57 -1.16 0.12 0.45 0.10
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 0.57 -1.16 0.12 0.45 0.10
Diluted Normalized Net Income/Share 0.57 -0.85 0.12 0.62 0.10
Revenues Year-to-Date 84,767 83,578 91,808 116,256 112,180
Income Year-to-Date from Total Operations 11,441 (14,820) 1,807 6,229 11,494
EPS Year-to-Date from Total Operations 0.57 -1.16 0.12 0.45 0.10
Dividends Paid Per Share, Year-to-Date 0.20 0.20 0.50 0.45 0.60