NSFC Financials 07/16/2014 17:47:14 Northern Stat
Post# of 4
Northern States Financial Corp.
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 20,630 24,988 29,962
Cost of Revenue 790 2,075 4,354
Gross Profit - - -
Operating Expenses
Research and Development - - -
Sales, General and Admin. 20,388 21,602 20,326
Non-Recurring Items 666 791 861
Other 11,100 6,900 10,130
Operating Income - - -
Income From Continuing Operations
Add'l Income/Expense Items - - -
Earnings Before Interest and Tax (12,314) (6,380) (5,709)
Interest Expense 266 307 653
Earnings Before Tax (12,580) (6,687) (6,362)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (12,580) (6,687) (6,362)
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (12,580) (6,687) (6,362)
Preferred Stock and Other Adjustments (1,131) (1,074) (1,020)
Net Income Applicable to Common Shareholders (13,711) (7,761) (7,382)