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Select Bancorp inc (SLCT) Quarterly Income Statement

Quarterly · GAAP · USD millions
Access SLCT Annual Income Statement →
Reviewing income statement figures over time helps illustrate how Select Bancorp inc generates earnings and manages operating expenses.
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Quarterly Report, GAAP in USD millions
ITEM 		(Jun 30 2021)
Q2 2021 		(Mar 31 2021) (Dec 31 2020) (Sep 30 2020) (Jun 30 2020)
Revenues
Interest and Fee Income, Loans and Leases17.13
Interest and Dividend Income, Securities, Operating0.98
Other Income-0.39
Total Interest Income17.72
Interest Expense, Deposits1.61
Interest Expense, Short-term Borrowing0.09
Total Interest Expense1.70
Net Interest Income16.02
Provision for loan losses-0.46
Total Net Interest Income16.48
Revenue From Contract With Customer Excluding Assessed Tax0.24
Extinguishment of Debt0.00
Other Non-Interest Income0.38
Total Non-interest Income1.90
Total Revenues18.37
Costs & Expenses
Salaries & employee benefits, SGA6.17
Depreciation & Amortization0.14
Communications, Occupancy and Information Technology2.01
Professional Fees0.99
Other Noninterest Expense1.24
Other loss /-income0.47
Total Operating Expenses11.02
Total Costs & Expenses12.72
Income & Taxes
Income /-loss before income taxes7.35
Income taxes expenses/-benefit1.74
Income after income taxes5.61
Net income/-loss of other equity0.00
Income /-loss after income taxes5.61
Net Income/-loss5.61
Income/-loss to shareholder5.61
Earnings Per Share
Basic EPS (excl. extra items)0.33
Basic Net EPS0.33
Basic shares outstanding (Mill. of Units)17.23
Diluted Net EPS0.32
Diluted average shares (Mill. of Units)17.28
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About SLCT 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.