Cornerstone Bancshares Inc (CSBQ) Annual Income Statement

Annual · GAAP · USD millions
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Reviewing income statement figures over time helps illustrate how Cornerstone Bancshares Inc generates earnings and manages operating expenses.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2014)
2014
(Dec 31 2013) (Dec 31 2012) (Dec 31 2011)
Revenues
Interest and Fee Income, Loans and Leases16.69
Interest and Dividend Income, Securities, Operating1.42
Other Income0.03
Total Interest Income18.14
Interest Expense, Deposits1.74
Interest Expense, Federal Funds Purchased and Securities Sold under Agreements to Repurchase0.08
Net Interest (-)Expense / Income-2.79
Net Interest Income15.35
Provision for loan losses0.52
Total Net Interest Income14.83
Fees and Commissions, Depositor Accounts0.85
Other Non-interest Income0.06
Loss / Gain on Investment0.70
Other Non-Interest Income-0.75
Total Non-interest Income1.82
Total Revenues16.65
Costs & Expenses
Salaries & employee benefits, SGA7.05
Foreclosed Real Estate Expense1.84
Federal Deposit Insurance Corporation Premium Expense0.64
Other Noninterest Expense3.23
Other loss /-income0.00
Total Operating Expenses14.00
Total Costs & Expenses16.79
Income & Taxes
Income /-loss before income taxes2.65
Income taxes expenses/-benefit1.01
Income after income taxes1.64
Net income/-loss of other equity0.00
Income /-loss after income taxes1.64
Net Income/-loss1.64
Preferred dividends1.57
Income/-loss to shareholder1.71
Earnings Per Share
Basic EPS (excl. extra items)0.58
Basic Net EPS0.58
Basic shares outstanding (Mill. of Units)2.96
Diluted Net EPS0.52
Diluted average shares (Mill. of Units)3.29
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About Smartfinancial Inc Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.