Asb Bancorp Inc (ASBB) Financial Statements (2024 and earlier)

Company Profile

Business Address 11 CHURCH STREET
ASHEVILLE, NC 28801
State of Incorp. NC
Fiscal Year End December 31
Industry (SIC) 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2017
MRQ
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 46,72433,40156,85852,79147,390
Cash and cash equivalents 46,72433,40156,85852,79147,390
Total current assets: 46,72433,40156,85852,79147,390
Noncurrent Assets
Property, plant and equipment 11,12211,61611,93212,49313,306
Total noncurrent assets: 11,12211,61611,93212,49313,306
Other undisclosed assets 737,977737,836691,260667,751688,658
TOTAL ASSETS: 795,823782,853760,050733,035749,354
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 392327660787411
Total current liabilities: 392327660787411
Noncurrent Liabilities
Other undisclosed liabilities 704,294692,844664,993631,160637,414
Total liabilities: 704,686693,171665,653631,947637,825
Equity
Equity, attributable to parent, including: 91,13789,68294,397101,088111,529
Common stock 3840445056
Additional paid in capital 20,17024,05634,04746,09753,994
Accumulated other comprehensive loss (1,865)(5,061)(5,802)(7,373)(3,067)
Retained earnings 77,30676,08872,51370,02468,570
Other undisclosed equity, attributable to parent (4,512)(5,441)(6,405)(7,710)(8,024)
Total equity: 91,13789,68294,397101,088111,529
TOTAL LIABILITIES AND EQUITY: 795,823782,853760,050733,035749,354

Income Statement (P&L) ($ in thousands)

6/30/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues 35,13032,152   
Net investment income 27,34825,435   
Financial services revenue 7,7826,717   
Cost of revenue
(Financial Services Costs)
 (548)(361)  (1,700)
Gross profit: 34,58231,791  (1,700)
Operating expenses (26,780)(19,338)(13,651)(13,333)(12,138)
Other operating income, net
(Noninterest Income, Other Operating Income)
 9747921,0761,129320
Operating income (loss): 8,77613,245(11,577)(11,523)(13,518)
Nonoperating income (expense)
(Gains (Losses) on Sales of Other Real Estate)
   57330(176)
Interest and debt expense (3,444)(3,485)(3,536)(4,194)(6,492)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (3,670)(4,202)18,80517,46621,350
Income from continuing operations before income taxes: 1,6625,5583,7492,0791,164
Income tax expense (444)(1,983)(1,260)(625)(302)
Income from continuing operations: 1,2183,5752,4891,454862
Income before gain (loss) on sale of properties: 1,2183,5752,4891,454862
Net income available to common stockholders, diluted: 1,2183,5752,4891,454862

Comprehensive Income ($ in thousands)

6/30/2017
TTM
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income: 1,2183,5752,4891,454862
Other comprehensive income (loss) 8,0665251,571(4,306)(1,738)
Comprehensive income (loss): 9,2844,1004,060(2,852)(876)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (4,870)216   
Comprehensive income (loss), net of tax, attributable to parent: 4,4144,3164,060(2,852)(876)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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