Wolverine Bancorp, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 15,377 17,048 15,802 17,235
Cost of Revenue 832 1,230 1,803 3,195
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 8,854 8,510 7,616 10,596
Non-Recurring Items 140 200 131 276
Other 830 2,205 1,385 4,491
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax 4,721 4,903 4,867 (1,323)
Interest Expense 2,358 2,510 3,183 4,147
Earnings Before Tax 2,363 2,393 1,684 (5,470)
Income Tax 804 837 576 (1,858)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 1,559 1,556 1,108 (3,612)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 1,559 1,556 1,108 (3,612)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 1,559 1,556 1,108 (3,612)