CCSE:BVL Income Statement

Financials in millions VEF. Fiscal year is January - December.

Millions VEF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009
Period Ending	Jun '14 Jun 30, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009
Interest Income on Loans	11,230	6,891	4,382	2,620	3,677	3,120
Interest Income on Investments	5,105	2,840	1,562	1,168	903	567
Total Interest Income	16,335	9,731	5,944	3,788	4,580	3,687
Interest Paid on Deposits	3,057	1,956	1,255	839.72	1,314	1,638
Interest Paid on Borrowings	23.49	3.14	0.06	0.55	0.19	0.54
Total Interest Expense	3,080	1,959	1,255	840.27	1,314	1,639
Net Interest Income	13,254	7,772	4,688	2,948	3,266	2,048
Net Interest Income Growth (YoY)	182.70%	65.77%	59.05%	-9.75%	59.47%	2.62%
Gain (Loss) on Sale of Investments	407.47	407.47	344.74	211.52	66.51	18.32
Gain (Loss) on Sale of Equity Investments	-	-	-	-	-	17.61
Other Non-Interest Income	2,362	1,582	1,104	690.97	984.18	645.15
Total Non-Interest Income	2,770	1,990	1,449	902.49	1,051	681.09
Non-Interest Income Growth (YoY)	91.15%	37.33%	60.55%	-14.11%	54.27%	-18.85%
Revenues Before Loan Losses	16,024	9,762	6,137	3,850	4,317	2,729
Provision for Loan Losses	1,707	331.04	147.73	543.45	808.62	510.88
Revenue	14,317	9,431	5,990	3,307	3,508	2,218
Revenue Growth (YoY)	139.03%	57.45%	81.14%	-5.74%	58.15%	-7.39%
Salaries and Employee Benefits	1,862	1,294	969.5	649.64	810.67	601.7
Federal Deposit Insurance	399.91	251.26	155.53	102.55	246.05	96.69
Selling, General & Administrative	2,292	1,556	1,016	629.21	989.87	592.39
Other Non-Interest Expense	1,190	725.77	448.58	270.65	250.2	-69.51
Total Non-Interest Expense	5,745	3,827	2,590	1,652	2,297	1,221
EBT Excluding Unusual Items	8,572	5,604	3,400	1,655	1,211	997.02
Other Unusual Items	-237.16	-231.98	-127.61	-78.16	-126.19	-104.53
Pretax Income	8,335	5,372	3,272	1,577	1,085	892.5
Income Tax Expense	36.72	86.72	101.42	2.04	1.98	43.77
Net Income	8,298	5,285	3,171	1,574	1,083	848.73
Net Income to Common	8,298	5,285	3,171	1,574	1,083	848.73
Net Income Growth	161.69%	66.68%	101.40%	45.35%	27.63%	-19.08%
Basic Shares Outstanding	-	-	-	-	3,647	3,647
Diluted Shares Outstanding	-	-	-	-	3,647	3,647
Shares Change (YoY)	-	-	-	-	-	28.57%
EPS (Basic)	-	-	-	-	0.30	0.23
EPS (Diluted)	-	-	-	-	0.30	0.23
EPS Growth	-	-	-	-	27.63%	-37.06%
Dividend Per Share	-	-	-	-	-	0.153
Effective Tax Rate	0.44%	1.61%	3.10%	0.13%	0.18%	4.90%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.