CSBQP Financials 07/16/2014 11:39:46 Cornerstone

CSBQP Financials 07/16/2014 11:39:46
Cornerstone Bancshares
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 20,393 20,372 21,677 28,292
Cost of Revenue 2,240 3,018 4,192 6,218
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 13,846 13,178 13,652 15,501
Non-Recurring Items - - - 2,541
Other 300 430 445 7,291
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax 4,006 3,747 3,388 (3,259)
Interest Expense 1,282 1,767 2,170 2,983
Earnings Before Tax 2,724 1,980 1,218 (6,243)
Income Tax 1,043 578 188 (1,535)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 1,681 1,402 1,030 (4,708)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 1,681 1,402 1,030 (4,708)
Preferred Stock and Other Adjustments (1,571) (1,294) (688) (34)
Net Income Applicable to Common Shareholders 109 108 342 (4,742)