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Independence Bancshares (IEBS) Annual Income Statement

Annual · GAAP · USD millions
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Reviewing income statement figures over time helps illustrate how Independence Bancshares generates earnings and manages operating expenses.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2016)
2016 		(Dec 31 2015) (Dec 31 2014) (Dec 31 2013) (Dec 31 2012)
Revenues
Interest and Fee Income, Loans and Leases3.27
Interest and Dividend Income, Securities, Operating, Available-for-sale0.22
Other Income0.07
Total Interest Income3.56
Interest Expense, Domestic Deposits0.33
Interest Expense, Borrowings0.00
Total Interest Expense0.33
Net Interest Income3.24
Provision for loan losses0.41
Total Net Interest Income2.83
Service Fees, Investment Banking, Brokerage and Other Transactions0.33
Noninterest Income, Other0.10
Loss / Gain on Investment0.81
Other Non-Interest Income-0.61
Total Non-interest Income0.84
Total Revenues3.67
Costs & Expenses
Salaries & employee benefits, SGA2.56
Communications, Occupancy and Information Technology1.11
Professional Fees1.05
Supplies and Postage Expense0.00
Other Noninterest Expense0.56
Other loss /-income0.98
Total Operating Expenses6.26
Total Costs & Expenses6.59
Income & Taxes
Income /-loss before income taxes-2.59
Income taxes expenses/-benefit0.00
Income after income taxes-2.59
Net income/-loss of other equity0.00
Income /-loss after income taxes-2.59
Net Income/-loss-2.59
Income/-loss to shareholder-2.59
Earnings Per Share
Basic EPS (excl. extra items)-0.13
Basic Net EPS-0.13
Basic shares outstanding (Mill. of Units)20.50
Diluted Net EPS-0.13
Diluted average shares (Mill. of Units)20.50
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About IEBS 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

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

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