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BRBW Brunswick Bancorp (PK)

16.00
0.00 (0.00%)
05 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Brunswick Bancorp (PK) USOTC:BRBW OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 16.00 14.00 16.00 0.00 01:00:00

Brunswick Bancorp Reports Quarter Ending September 30, 2013 Earnings

21/10/2013 10:25pm

Business Wire


Brunswick Bancorp (PK) (USOTC:BRBW)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Brunswick Bancorp (PK) Charts.

Brunswick Bancorp (OTCBB:BRBW):

  FINANCIAL CONDITION AND RESULTS OF OPERATIONS   BRUNSWICK BANCORP AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET SEPTEMBER 30, 2013 (UNAUDITED)   ASSETS Cash and due from banks $ 43,977,480 Federal funds sold   -  

Total cash and cash equivalents

43,977,480 Securities held to maturity 6,003,750 Securities available for sale 70,214 Loans receivable, net 95,131,939 Premises and equipment, net 976,816 Accrued interest receivable 281,682 Other real estate 8,733,327 Other assets   1,130,895   TOTAL ASSETS $ 156,306,103   LIABILITIES AND STOCKHOLDERS' EQUITY Deposits Non-interest bearing $ 33,868,434 Interest bearing   86,550,085   Total deposits 120,418,519 Accrued interest payable 240,854 Other liabilities   637,267   TOTAL LIABILITIES   121,296,640   STOCKHOLDERS' EQUITY Preferred stock-no stated value 10,000,000 shares authorized and no shares issued and outstanding at September 30, 2013. Common stock - no par value 10,000,000 shares authorized; 3,119,551 shares issued and outstanding at September 30, 2013. 6,239,102 Additional paid-in capital 1,944,611 Treasury stock at cost, 185,429 shares at September 30, 2013. (1,324,742 ) Retained earnings 28,600,492 Deferred stock compensation   (450,000 ) TOTAL STOCKHOLDERS' EQUITY   35,009,463   TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 156,306,103         BRUNSWICK BANCORP AND SUBSIDIARIES CONSOLIDATED STATEMENT OF INCOME (LOSS) QUARTER END SEPTEMBER 30, 2013 (UNAUDITED)   INTEREST INCOME Interest on loans

$  

4,254,562 Interest on investments 10,387 Interest on balances with banks   84,953 TOTAL INTEREST INCOME   4,349,902   INTEREST EXPENSE Interest on deposits 349,865 Interest on borrowed funds   - Total interest expense   349,865 NET INTEREST INCOME 4,000,037 Provision for loan losses   -   NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES   4,000,037   OTHER INCOME Service fees 611,003 Other income   1,234,975 TOTAL OTHER INCOME   1,845,978   Realized loss on securities -   OTHER EXPENSES Salaries and employee benefits 2,281,836 Occupancy expenses 984,917 Equipment expenses 111,456 Other expenses   1,889,344 TOTAL OTHER EXPENSES   5,267,553   INCOME (LOSS) BEFORE INCOME TAX EXPENSE 578,462 Income tax expense (credit)   120,500 NET INCOME $ 457,962 NET INCOME PER SHARE OF COMMON STOCK: Basic Earnings per share $ 0.16   Average shares outstanding-basic   2,933,079  

Brunswick BancorpRoman T. Gumina, 732-247-5800Chairman CEO

1 Year Brunswick Bancorp (PK) Chart

1 Year Brunswick Bancorp (PK) Chart

1 Month Brunswick Bancorp (PK) Chart

1 Month Brunswick Bancorp (PK) Chart

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