CFIC Financials 07/16/2014 15:52:55 Cornerstone F
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Posted On: 07/16/2014 4:52:51 PM
CFIC Financials 07/16/2014 15:52:55
Cornerstone Financial Corp. (NJ)
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 18,782 17,397
Cost of Revenue 3,615 3,879
Gross Profit - -
Operating Expenses
Research and Development - -
Sales, General and Admin. 9,725 8,904
Non-Recurring Items - -
Other 6,764 776
Operating Income - -
Income From Continuing Operations
Add'l Income/Expense Items - -
Earnings Before Interest and Tax (1,322) 3,838
Interest Expense 688 699
Earnings Before Tax (2,010) 3,139
Income Tax (838) 1,220
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (1,172) 1,919
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (1,172) 1,919
Preferred Stock and Other Adjustments (133) (133)
Net Income Applicable to Common Shareholders (1,305) 1,786
Cornerstone Financial Corp. (NJ)
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 18,782 17,397
Cost of Revenue 3,615 3,879
Gross Profit - -
Operating Expenses
Research and Development - -
Sales, General and Admin. 9,725 8,904
Non-Recurring Items - -
Other 6,764 776
Operating Income - -
Income From Continuing Operations
Add'l Income/Expense Items - -
Earnings Before Interest and Tax (1,322) 3,838
Interest Expense 688 699
Earnings Before Tax (2,010) 3,139
Income Tax (838) 1,220
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (1,172) 1,919
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (1,172) 1,919
Preferred Stock and Other Adjustments (133) (133)
Net Income Applicable to Common Shareholders (1,305) 1,786
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