SFSB, Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2013	FY 2012	FY 2011	FY 2010	FY 2008
Period Ending	Mar '14 Mar 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '08 Dec 31, 2008
Interest Income on Loans	5.04	5.4	7	8.4	9.67	9.26
Interest Income on Investments	0.16	0.16	0.16	0.19	0.25	0.6
Total Interest Income	5.19	5.56	7.16	8.59	9.92	9.86
Interest Paid on Deposits	1.31	1.4	2.01	2.68	3.49	4.51
Interest Paid on Borrowings	0.75	0.75	0.97	1	1	1.21
Total Interest Expense	2.06	2.15	2.98	3.68	4.49	5.72
Net Interest Income	3.14	3.41	4.18	4.9	5.43	4.14
Net Interest Income Growth (YoY)	-23.26%	-18.49%	-14.76%	-9.65%	31.24%	26.21%
Gain (Loss) on Sale of Investments	-	-	-	0.29	0.04	-2.48
Other Non-Interest Income	0.96	0.9	0.86	0.63	0.45	0.41
Total Non-Interest Income	1.02	0.89	1.03	0.96	0.28	-2.05
Non-Interest Income Growth (YoY)	-	-13.56%	6.99%	238.52%	-	-
Revenues Before Loan Losses	4.15	4.29	5.21	5.86	5.71	2.09
Provision for Loan Losses	0.04	0.19	6.29	4.39	0.3	0.18
Revenue	4.12	4.1	-1.08	1.47	5.41	1.91
Revenue Growth (YoY)	-	-	-	-72.80%	183.28%	-44.90%
Salaries and Employee Benefits	2.1	2.1	1.97	1.88	2.17	1.95
Federal Deposit Insurance	0.61	0.57	0.3	0.19	0.26	0.03
Selling, General & Administrative	1.9	1.87	1.67	1.45	1.27	1.34
Other Non-Interest Expense	1.19	1.23	0.97	0.74	0.8	0.53
Total Non-Interest Expense	6.97	7.71	5.9	6.62	4.51	3.85
EBT Excluding Unusual Items	-2.85	-3.61	-6.98	-5.15	0.9	-1.93
Other Unusual Items	-	-	-	-	-	0.01
Pretax Income	-2.85	-3.61	-6.98	-5.15	0.9	-1.92
Income Tax Expense	0	0	2.07	-2.11	0.35	0.23
Net Income	-2.85	-3.61	-9.05	-3.04	0.55	-2.15
Net Income to Common	-2.85	-3.61	-9.05	-3.04	0.55	-2.15
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	-1.37%	-	-0.01%	3.71%	-4.20%	-3.10%
EPS (Basic)	-1.07	-1.35	-3.39	-1.14	0.21	-0.80
EPS (Diluted)	-1.07	-1.35	-3.39	-1.14	0.21	-0.80
Effective Tax Rate	-	-	-	-	39.13%	-

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