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Income Statement
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WESTERN LIBERTY BANCORP (WLBC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-11Dec-31-10Dec-31-09Dec-31-08
   10-K/A10-K/A10-K10-K
    Interest income:  
        Interest income on loans  9.31.4  
       9.51.50.15.7
        Interest on deposits  0.50.1  
    Total interest expense  0.50.1  
Net interest income  9.01.40.15.7
Provision for loan losses  8.70.0  
Net interest income after provision for loan losses  0.31.40.15.7
        Deposit and loan fees  0.30.1  
        Other non-interest income  0.30.80.30.3
Total non-interest income  0.60.90.30.3
Asset impairment  0.8   
Pre-tax income  -14.2-7.7-14.9-1.6
Income taxes  0.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%
Net income  -14.2-7.7-14.9-1.6
            Net margin  -1584.4%-338.3%-2573.1%-13.3%
   
Basic EPS  ($0.96)($0.65)($0.45)($0.05)
Diluted EPS  ($0.96)($0.65)($0.45)($0.05)
   
Shares outstanding (basic)  14.811.833.131.1
Shares outstanding (diluted)  14.811.833.131.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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