NEW BANCORP INC (NWBB) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
45 NORTH WHITTAKER STREET NEW BUFFALO, MI 49117 |
| 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
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 13,777 | 17,465 | 16,088 | 15,793 | 21,999 | 20,970 | 15,460 | ||
| Cash and cash equivalents | 13,777 | 17,465 | 16,088 | 15,793 | 21,999 | 20,970 | 15,460 | ||
| Total current assets: | 13,777 | 17,465 | 16,088 | 15,793 | 21,999 | 20,970 | 15,460 | ||
| Noncurrent Assets | |||||||||
| Inventory, real estate | 193 | 303 | 561 | ||||||
| Property, plant and equipment | 1,917 | 1,906 | 1,866 | 1,894 | 1,880 | 1,892 | 1,896 | ||
| Total noncurrent assets: | 2,110 | 1,906 | 1,866 | 1,894 | 1,880 | 2,195 | 2,457 | ||
| Other undisclosed assets | 101,917 | 100,160 | 103,540 | 109,192 | 102,125 | 98,851 | 97,188 | ||
| TOTAL ASSETS: | 117,804 | 119,531 | 121,494 | 126,879 | 126,004 | 122,016 | 115,105 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 2,100 | ||||||||
| Due to related parties | 2,100 | ||||||||
| Total noncurrent liabilities: | 2,100 | ||||||||
| Other undisclosed liabilities | 101,893 | 103,741 | 105,876 | 109,427 | 110,614 | 106,945 | 100,545 | ||
| Total liabilities: | 101,893 | 103,741 | 105,876 | 111,527 | 110,614 | 106,945 | 100,545 | ||
| Temporary equity, carrying amount | 205 | 171 | 171 | 160 | 116 | 102 | 91 | ||
| Equity | |||||||||
| Equity, attributable to parent, including: | 15,706 | 15,619 | 15,447 | 15,192 | 15,274 | 14,969 | 14,469 | ||
| Common stock | 7 | 7 | 7 | 7 | 7 | 7 | 7 | ||
| Additional paid in capital | 5,903 | 5,878 | 5,853 | 5,827 | 5,789 | 5,770 | 5,764 | ||
| Retained earnings | 10,473 | 10,377 | 10,230 | 9,990 | 10,075 | 9,782 | 9,283 | ||
| Unearned esop shares | (472) | (472) | (472) | (472) | (481) | (488) | (494) | ||
| Other undisclosed equity, attributable to parent | (205) | (171) | (171) | (160) | (116) | (102) | (91) | ||
| Total equity: | 15,706 | 15,619 | 15,447 | 15,192 | 15,274 | 14,969 | 14,469 | ||
| TOTAL LIABILITIES AND EQUITY: | 117,804 | 119,531 | 121,494 | 126,879 | 126,004 | 122,016 | 115,105 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,229 | 1,233 | 1,216 | 1,358 | 1,751 | 1,921 | 1,229 | |
| Net investment income | 1,229 | 1,233 | 1,216 | 1,234 | 1,160 | 1,089 | 949 | |
| Financial services revenue | ✕ | ✕ | ✕ | 124 | 591 | 832 | 280 | |
| Cost of revenue (Financial Services Costs) | (39) | (31) | ||||||
| Gross profit: | 1,229 | 1,233 | 1,216 | 1,358 | 1,712 | 1,890 | 1,229 | |
| Operating expenses | (407) | (352) | (384) | (1,021) | (979) | (1,042) | (960) | |
| Other operating income (expense), net (Noninterest Income, Other Operating Income) | 11 | (8) | 8 | 11 | ||||
| Operating income: | 822 | 881 | 832 | 348 | 725 | 856 | 280 | |
| Nonoperating income | 43 | 28 | 44 | 71 | ||||
| Gains (losses) on sales of other real estate | (15) | 1 | 29 | |||||
| Bank owned life insurance income | 43 | 43 | 43 | 42 | ||||
| Interest and debt expense | (275) | (256) | (256) | (288) | (272) | (250) | (205) | |
| Income from continuing operations: | 547 | 625 | 576 | 103 | 481 | 650 | 146 | |
| Income before gain (loss) on sale of properties: | 547 | 625 | 576 | 103 | 481 | 650 | 146 | |
| Net income: | 547 | 625 | 576 | 103 | 481 | 650 | 146 | |
| Other undisclosed net loss attributable to parent | (451) | (478) | (336) | (188) | (188) | (151) | (165) | |
| Net income (loss) available to common stockholders, diluted: | 96 | 147 | 240 | (85) | 293 | 499 | (19) | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 547 | 625 | 576 | 103 | 481 | 650 | 146 | |
| Comprehensive income, net of tax, attributable to parent: | 547 | 625 | 576 | 103 | 481 | 650 | 146 | |
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.