MCBF Financials 07/15/2014 20:11:21 Monarch Commu
Post# of 6
Monarch Community Bancorp, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 11,610 12,955 14,456 16,534
Cost of Revenue 959 1,521 2,392 3,404
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 12,054 12,102 10,195 10,095
Non-Recurring Items - - - -
Other 544 (900) 875 11,744
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax (1,947) 232 994 (8,709)
Interest Expense 209 585 1,246 1,968
Earnings Before Tax (2,156) (353) (252) (10,677)
Income Tax 38 - 101 205
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (2,194) (353) (353) (10,882)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (2,194) (353) (353) (10,882)
Preferred Stock and Other Adjustments (361) (388) (390) (354)
Net Income Applicable to Common Shareholders (2,555) (741) (743) (11,236)