NSBC Financials 07/16/2014 11:10:07 North State B
Post# of 4
North State Bancorp
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 32,879 35,438
Cost of Revenue 4,399 6,548
Gross Profit - -
Operating Expenses
Research and Development - -
Sales, General and Admin. 19,069 18,036
Non-Recurring Items - -
Other 6,749 8,095
Operating Income - -
Income From Continuing Operations
Add'l Income/Expense Items - -
Earnings Before Interest and Tax 2,662 2,759
Interest Expense 924 940
Earnings Before Tax 1,738 1,819
Income Tax 601 795
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations 1,137 1,024
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income 1,137 1,024
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders 1,137 1,024