Communityone Bancorp (COB) Financial Statements (2025 and earlier)

Company Profile

Business Address 1017 E. MOREHEAD STREET
CHARLOTTE, NC 28204
State of Incorp. NC
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

6/30/2016
MRQ
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 39,17595,88267,430239,610
Cash and cash equivalent 39,17595,88267,430239,610
Total current assets: 39,17595,88267,430239,610
Noncurrent Assets
Property, plant and equipment 44,45746,78250,88952,725
Intangible assets, net (including goodwill) 12,3909,88611,11911,700
Goodwill 4,2054,2054,2054,205
Intangible assets, net (excluding goodwill) 8,1855,6816,9147,495
Total noncurrent assets: 56,84756,66862,00864,425
Other undisclosed assets 2,301,2432,062,9641,855,5941,847,530
TOTAL ASSETS: 2,397,2652,215,5141,985,0322,151,565
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 35,7199,0766,9178,675
Total current liabilities: 35,7199,0766,9178,675
Noncurrent Liabilities
Long-term debt and lease obligation 5,4155,3385,263 
Long-term debt, excluding current maturities 5,4155,3385,263 
Total noncurrent liabilities: 5,4155,3385,263 
Other undisclosed liabilities 2,083,0931,934,1841,892,4912,044,445
Total liabilities: 2,124,2271,948,5981,904,6712,053,120
Equity
Equity, attributable to parent 273,038266,91680,36198,445
Common stock 490,075487,603461,636460,955
Accumulated other comprehensive loss (10,739)(7,475)(17,605)(323)
Accumulated deficit (206,298)(213,212)(363,670)(362,187)
Total equity: 273,038266,91680,36198,445
TOTAL LIABILITIES AND EQUITY: 2,397,2652,215,5141,985,0322,151,565

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

6/30/2016
TTM
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues 93,224   
Net investment income 78,560   
Financial services revenue 14,664   
Cost of revenue
(Financial Services Costs)
   (523)(14,049)
Gross profit: 93,224 (523)(14,049)
Operating expenses (56,238)(47,441)(51,572)(48,930)
Operating income (loss): 36,986(42,070)(52,095)(62,979)
Nonoperating income (expense) 1,167(1,895)(6,909)(28,865)
Investment income, nonoperating  (2,294)(4,061)(8,273)
Losses on sales of other real estate  (754)(3,921)(21,787)
Bank owned life insurance income 1,1671,1531,0731,195
Interest and debt expense (10,185)(10,090)(10,559)(16,708)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (13,930)62,02169,40667,535
Income (loss) from continuing operations before income taxes: 14,0387,966(157)(41,017)
Income tax expense (benefit) (7,124)142,492(1,326)1,039
Income (loss) from continuing operations: 6,914150,458(1,483)(39,978)
Income (loss) before gain (loss) on sale of properties: 6,914150,458(1,483)(39,978)
Net income (loss): 6,914150,458(1,483)(39,978)
Other undisclosed net loss attributable to parent    (27)
Net income (loss) available to common stockholders, diluted: 6,914150,458(1,483)(40,005)

Comprehensive Income ($ in thousands)

6/30/2016
TTM
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss): 6,914150,458(1,483)(39,978)
Other comprehensive loss (963)   
Comprehensive income (loss): 5,951150,458(1,483)(39,978)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (2,301)10,130(17,282)3,619
Comprehensive income (loss), net of tax, attributable to parent: 3,650160,588(18,765)(36,359)

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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