Howard Bancorp, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Total Revenue 19,035 16,305 15,777
Cost of Revenue 1,656 1,778 1,748
Gross Profit - - -
Operating Expenses
Research and Development - - -
Sales, General and Admin. 13,205 10,823 10,148
Non-Recurring Items - - -
Other 984 718 1,164
Operating Income - - -
Income From Continuing Operations
Add'l Income/Expense Items - - -
Earnings Before Interest and Tax 3,190 2,986 2,717
Interest Expense 245 227 269
Earnings Before Tax 2,945 2,759 2,448
Income Tax 984 1,138 1,063
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations 1,961 1,621 1,385
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income 1,961 1,621 1,385
Preferred Stock and Other Adjustments (165) (616) (451)
Net Income Applicable to Common Shareholders 1,796 1,005 934