First M&f (FMFC) Quarterly Income Statement

Quarterly · GAAP · USD millions
Access FMFC Annual Income Statement →
Reviewing income statement figures over time helps illustrate how First M&f generates earnings and manages operating expenses.
Quarterly Report, GAAP in USD millions
ITEM
(Jun 30 2013)
Q2 2013
(Mar 31 2013) (Dec 31 2012) (Sep 30 2012) (Jun 30 2012)
Revenues
Interest and Fee Income, Loans and Leases12.68
Interest and Dividend Income, Securities, Operating1.69
Interest Income, Federal Funds Sold0.01
Interest Income, Deposits with Financial Institutions0.04
Total Interest Income14.41
Interest Expense, Deposits1.45
Interest Expense, Federal Funds Purchased and Securities Sold under Agreements to Repurchase0.00
Interest Expense, Junior Subordinated Debentures0.30
Total Interest Expense2.08
Net Interest Income12.33
Provision for loan losses1.38
Total Net Interest Income10.95
Service Fees, Investment Banking, Brokerage and Other Transactions4.14
Other Non-interest Income0.62
Extinguishment of Debt-1.51
Loss / Gain on Investment-2.04
Other Non-Interest Income-0.33
Total Non-interest Income2.59
Total Revenues13.54
Costs & Expenses
Salaries & employee benefits, SGA6.61
Depreciation & Amortization0.11
Foreclosed Real Estate Expense2.05
Communications, Occupancy and Information Technology1.59
Federal Deposit Insurance Corporation Premium Expense0.32
Other Noninterest Expense2.60
Other loss /-income0.39
Total Operating Expenses13.66
Total Costs & Expenses15.74
Income & Taxes
Income /-loss before income taxes-0.13
Income taxes expenses/-benefit-0.35
Income after income taxes0.22
Net income/-loss of other equity0.00
Income /-loss after income taxes0.22
Net Income/-loss0.22
Preferred dividends0.51
Income/-loss to shareholder-0.29
Earnings Per Share
Basic EPS (excl. extra items)-0.03
Basic Net EPS-0.03
Basic shares outstanding (Mill. of Units)9.23
Diluted Net EPS-0.03
Diluted average shares (Mill. of Units)9.23
Dividend per share0.01
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About FMFC Quarterly 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-Q 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

  • Source: SEC 10-Q filings
  • Filed with the SEC: n/a

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