First Resource Bank Annual Income Statement (OTCMKTS:FRSB)

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$8.73 $0.08 (0.92%) FRSB stock closing price Feb 17, 2017 (Closing)

Looking at financial statements, along with the First Resource Bank stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis.   The income statement is a summary of the revenue, expenses and profitability (shown as Net Income) or lack of it. Like any other income statement, the FRSB income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a YoY revenue growth of $1.01M when compared to the same period in the past. One also needs to look at First Resource Bank assets, operating expenses and First Resource Bank free cash flow. The profit and loss statement shows revenue of $10.04M for 2016. Revenue has grown by $1.01M YoY for FRSB stock. First Resource Bank revenue for 2016 is $10.04M. View revenue and profit details for latest and last 10 financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
First Resource Bank Net Sales or Revenues
10.04M9.03M8.07M7.3M7.13M6.88M6.59M6.09M6.24M6.43M
Cost Of Goods Sold (COGS)----1.5M1.7M2.05M2.63M2.95M3.35M
First Resource Bank Gross Profit
----5.63M5.18M4.53M3.45M3.29M3.07M
Research & Development Expense----------
Selling General & Admin Expense----4.25M3.88M3.66M3.51M3.38M2.89M
Income Before Depreciation Depletion Amortization----1.38M1.3M0.87M-0.06M-0.09M0.18M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense----0.03M0.02M0.12M0.3M0.32M0.05M
First Resource Bank Pretax Income
----1.35M1.27M0.74M-0.36M-0.42M0.12M
Provision for Income Taxes----0.43M0.43M0.25M-0.12M-0.13M-0.52M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations1.28M1.19M1.11M1.06M0.91M0.84M0.49M-0.24M-0.28M0.65M
Extraordinary Items & Discontinued Operations----------
First Resource Bank Net Income (Profit/Loss)
1.28M1.19M1.11M1.06M0.91M0.84M0.49M-0.24M-0.28M0.65M
Average Shares used to compute Diluted EPS2.1M1.87M1.68M1.95M2.07M1.58M----
Average Shares used to compute Basic EPS2.1M1.87M1.68M1.95M2.07M1.58M----
Income Before Nonrecurring Items1.28M1.19M1.11M1.06M0.92M0.84M----
Income from Nonrecurring Items----------
First Resource Bank Earnings Per Share Basic Net
0.610.610.630.510.450.320.35-0.17--
First Resource Bank Earnings Per Share Diluted Net
0.610.610.630.510.450.32----
EPS Diluted Before Nonrecurring Items0.610.610.630.510.450.32----
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common-0.040.03-------
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on First Resource Bank stock analysis. It helps to look at the following income statement items:
  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that FRSB stock has a topline or revenue of $10.04M for 2016 as per this First Resource Bank revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $10.04M - other expenses = $1.28M for FRSB stock. An improving bottomline implies that the company is growing profits.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the First Resource Bank historical stock prices to check how the price has moved with time. .

First Resource Bank Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
14.0810
PS ratio (
price sales ratio
)
1.8260
Net profit margin
14.3
Dividend yield
0%