Edgewater Bancorp Inc (EGDW) Financial Statements (2024 and earlier)
Company Profile
Business Address |
321 MAIN STREET ST. JOSEPH, MI 49085 |
State of Incorp. | MD |
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)Annual | Quarterly
9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 9,003 | 9,806 | 10,907 | 5,403 | 7,673 | 9,103 | |||
Cash and cash equivalents | 9,003 | 9,806 | 10,907 | 5,403 | 7,673 | 9,103 | |||
Disposal group, including discontinued operation | 863 | ||||||||
Total current assets: | 9,003 | 9,806 | 10,907 | 5,403 | 7,673 | 9,966 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 3,490 | 3,591 | 3,606 | 3,698 | 3,781 | 3,826 | |||
Total noncurrent assets: | 3,490 | 3,591 | 3,606 | 3,698 | 3,781 | 3,826 | |||
Other undisclosed assets | 131,301 | 122,530 | 120,862 | 122,725 | 122,550 | 110,190 | |||
TOTAL ASSETS: | 143,794 | 135,927 | 135,375 | 131,825 | 134,004 | 123,982 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Debt | 13,000 | 6,000 | 8,000 | 14,000 | 17,600 | 11,000 | |||
Total current liabilities: | 13,000 | 6,000 | 8,000 | 14,000 | 17,600 | 11,000 | |||
Noncurrent Liabilities | |||||||||
Other undisclosed liabilities | 117,353 | 116,570 | 114,003 | 104,389 | 103,010 | 99,590 | |||
Total liabilities: | 130,353 | 122,570 | 122,003 | 118,389 | 120,610 | 110,590 | |||
Temporary equity, carrying amount | 60 | 53 | 46 | 39 | 33 | 28 | |||
Equity | |||||||||
Equity, attributable to parent | 13,381 | 13,304 | 13,326 | 13,397 | 13,360 | 13,365 | |||
Common stock | 7 | 7 | 7 | 7 | 7 | 7 | |||
Additional paid in capital | 4,683 | 4,683 | 4,683 | 4,683 | 4,683 | 4,683 | |||
Accumulated other comprehensive income (loss) | 60 | 24 | (14) | 37 | 20 | 37 | |||
Retained earnings | 8,630 | 8,590 | 8,650 | 8,670 | 8,650 | 8,638 | |||
Total equity: | 13,381 | 13,304 | 13,326 | 13,397 | 13,360 | 13,365 | |||
TOTAL LIABILITIES AND EQUITY: | 143,794 | 135,927 | 135,375 | 131,825 | 134,004 | 123,982 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 1,495 | 1,369 | 1,244 | 1,412 | 1,371 | 1,411 | ||
Net investment income | 1,289 | 1,210 | 1,210 | 1,208 | 1,169 | 1,154 | ||
Financial services revenue | 206 | 159 | 34 | 205 | 202 | 257 | ||
Cost of revenue | (63) | (34) | 70 | (30) | (15) | (29) | ||
Amortization of mortgage servicing rights (msrs) | (34) | 90 | (29) | |||||
Financial services costs | (63) | (20) | (30) | (15) | ||||
Gross profit: | 1,432 | 1,335 | 1,314 | 1,382 | 1,356 | 1,382 | ||
Operating expenses | (1,152) | (1,176) | (874) | (1,148) | (1,135) | (1,226) | ||
Other operating income, net (Noninterest Income, Other Operating Income) | 21 | 21 | 22 | 32 | 28 | 35 | ||
Operating income: | 301 | 181 | 462 | 267 | 249 | 191 | ||
Nonoperating income (expense) | (17) | 23 | (1) | (9) | ||||
Losses on sales of other real estate | (17) | (1) | (4) | |||||
Mortgage servicing rights (msr) impairment (recovery) | 23 | (5) | ||||||
Interest and debt expense | (153) | (149) | (144) | (136) | (130) | (126) | ||
Income from continuing operations before equity method investments, income taxes: | 148 | 15 | 341 | 129 | 119 | 56 | ||
Other undisclosed loss from continuing operations before income taxes | (108) | (75) | (360) | (110) | (107) | (26) | ||
Income (loss) from continuing operations: | 40 | (60) | (19) | 19 | 12 | 30 | ||
Income (loss) before gain (loss) on sale of properties: | 40 | (60) | (19) | 19 | 12 | 30 | ||
Net income (loss) available to common stockholders, diluted: | 40 | (60) | (19) | 19 | 12 | 30 |
Comprehensive Income ($ in thousands)Annual | Quarterly
9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 40 | (60) | (19) | 19 | 12 | 30 | ||
Comprehensive income (loss): | 40 | (60) | (19) | 19 | 12 | 30 | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 37 | 38 | (51) | 17 | (16) | 53 | ||
Comprehensive income (loss), net of tax, attributable to parent: | 77 | (22) | (71) | 36 | (4) | 84 |
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.