MFBP Financials 07/16/2014 11:24:13 M&F Bancorp,
Post# of 3
M&F Bancorp, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 13,308 13,884 15,831 15,426
Cost of Revenue 760 907 1,430 2,059
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 11,698 12,239 12,677 11,844
Non-Recurring Items - - - -
Other 329 166 903 520
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax 521 572 821 1,003
Interest Expense 7 115 74 100
Earnings Before Tax 514 457 747 903
Income Tax 151 116 141 89
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 363 341 606 814
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 363 341 606 814
Preferred Stock and Other Adjustments (237) (237) (236) (475)
Net Income Applicable to Common Shareholders 126 104 370 339