Valley Financial Corp.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 36,107 36,984 36,697 35,838
Cost of Revenue 2,576 4,251 6,452 9,008
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 22,558 21,508 20,175 17,918
Non-Recurring Items - - - -
Other (465) 398 224 1,127
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax 11,438 10,827 9,846 7,785
Interest Expense 1,720 1,802 1,926 2,974
Earnings Before Tax 9,718 9,025 7,920 4,811
Income Tax 2,883 2,536 2,232 1,318
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 6,835 6,489 5,688 3,493
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 6,835 6,489 5,688 3,493
Preferred Stock and Other Adjustments (634) (986) (968) (959)
Net Income Applicable to Common Shareholders 6,201 5,503 4,720 2,534