BAYK Financials 07/16/2014 18:43:36 Bay Banks of

BAYK Financials 07/16/2014 18:43:36
Bay Banks of Virginia, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 18,174 18,383 17,929 18,523
Cost of Revenue 2,368 2,854 3,302 4,101
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 12,943 12,143 12,902 11,967
Non-Recurring Items - - - -
Other 776 1,895 495 720
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax 2,087 1,491 1,230 1,735
Interest Expense 466 583 904 1,403
Earnings Before Tax 1,621 908 326 332
Income Tax 399 210 (24) (41)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 1,222 698 350 372
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 1,222 698 350 372
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 1,222 698 350 372