Palmetto Bancshares, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 57,374 72,420 67,244 72,434
Cost of Revenue 2,257 5,136 9,334 13,560
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 42,333 53,350 63,382 67,821
Non-Recurring Items - - - 3,691
Other 3,465 13,075 20,500 47,100
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax 9,319 859 (25,972) (59,738)
Interest Expense 3 2 92 1,806
Earnings Before Tax 9,316 857 (26,064) (61,544)
Income Tax (18,415) 2,721 (2,664) (1,342)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 27,731 (1,864) (23,400) (60,202)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 27,731 (1,864) (23,400) (60,202)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 27,731 (1,864) (23,400) (60,202)