HBKS Financials 07/16/2014 14:53:34 Heritage Bank
Post# of 4
Heritage Bankshares, Inc.
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 12,406 13,074 13,590
Cost of Revenue 943 1,219 1,398
Gross Profit - - -
Operating Expenses
Research and Development - - -
Sales, General and Admin. 8,150 8,324 8,502
Non-Recurring Items - - -
Other 35 (15) 368
Operating Income - - -
Income From Continuing Operations
Add'l Income/Expense Items - - (263)
Earnings Before Interest and Tax 3,278 3,546 3,323
Interest Expense 29 44 144
Earnings Before Tax 3,249 3,502 3,179
Income Tax 921 1,134 1,093
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations 2,328 2,368 2,086
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income 2,328 2,368 2,086
Preferred Stock and Other Adjustments (137) (581) (587)
Net Income Applicable to Common Shareholders 2,191 1,787 1,499