North State Bancorp Annual Income Statement (OTCBB:NSBC)

Add to My Stocks
$9.73 $0.23 (2.42%) NSBC stock closing price Dec 23, 2015 (Closing)

Fundamental analysis of NSBC stock involves analyzing its financial statements, apart from checking the North State Bancorp stock price The income statement gives the investor an understanding of the topline and bottomline numbers of the company and helps investors evaluate if a company has been growing or not. Like any other income statement, the NSBC income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a YoY revenue decline of $2.56M when compared to the same period in the past. The operating expenses (also check: North State Bancorp assets and North State Bancorp free cash flow) as shown in the North State Bancorp profit and loss statement 2011 total to $30.2M. This line item has decreased from $32.67M compared with last year. North State Bancorp revenue for 2011 is $32.87M. View revenue and profit details for latest and last 10 financial years.

show more
Fiscal year is Jan - Dec. 2011 2010 2009 2008 2007
North State Bancorp Net Sales or Revenues
32.87M35.43M33.97M37.3M33.85M
Cost Of Goods Sold (COGS)4.39M6.54M10.73M13.99M14.06M
North State Bancorp Gross Profit
28.48M28.89M23.23M23.31M19.79M
Research & Development Expense-----
Selling General & Admin Expense25.81M26.13M20.21M17.56M13.37M
Income Before Depreciation Depletion Amortization2.66M2.75M3.02M5.74M6.41M
Depreciation Depletion Amortization-----
Non Operating Income-----
Interest Expense0.92M0.94M1.11M1.82M1.37M
North State Bancorp Pretax Income
1.73M1.81M1.91M3.92M5.04M
Provision for Income Taxes0.6M0.79M0.81M1.55M1.95M
Minority Interest-----
Investment Gains Losses-----
Other Income-----
Income Before Extraordinaries & Disc Operations1.13M1.02M1.09M2.36M3.09M
Extraordinary Items & Discontinued Operations-----
North State Bancorp Net Income (Profit/Loss)
1.13M1.02M1.09M2.36M3.09M
Average Shares used to compute Diluted EPS-7.39M7.32M7.36M7.38M
Average Shares used to compute Basic EPS-7.36M7.18M7.16M7.38M
Income Before Nonrecurring Items-1.02M1.1M2.37M3.1M
Income from Nonrecurring Items-----
North State Bancorp Earnings Per Share Basic Net
0.150.140.150.330.42
North State Bancorp Earnings Per Share Diluted Net
-0.140.150.320.42
EPS Diluted Before Nonrecurring Items-0.140.150.320.42
Preferred Dividends Acc Pd-----
Dividends Common-----
Dividend Per Share Common-----
All figures in USD. M: Millions of USD, B: Billions of USD.
Get Income statement for another ticker

It is very helpful to read a report on North State Bancorp stock analysis. An investor must check the following items in an income statement:
  • Topline: A growing topline, as seen from the North State Bancorp revenue chart, as is not the case with North State Bancorp indicates a sagging business. One needs to compare the QoQ or YoY topline growth of NSBC stock with its peers like FUSB stock and PFBX stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $32.87M - other expenses = $1.13M for NSBC 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 North State Bancorp historical stock prices to check how the price has moved with time. .