Intervest Bancshares Corp.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 68,562 83,478 97,145 109,182
Cost of Revenue 25,430 35,831 47,582 58,987
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 15,853 22,882 20,829 38,683
Non-Recurring Items - - - -
Other (550) - 5,018 101,463
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - (177) - -
Earnings Before Interest and Tax 27,829 24,765 23,716 (89,951)
Interest Expense 1,680 2,236 2,958 3,705
Earnings Before Tax 26,149 22,529 20,758 (93,656)
Income Tax 11,655 10,307 9,512 (40,348)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 14,494 12,222 11,246 (53,308)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 14,494 12,222 11,246 (53,308)
Preferred Stock and Other Adjustments (1,057) (1,801) (1,730) (1,667)
Net Income Applicable to Common Shareholders 13,437 10,421 9,516 (54,975)