Colonial Financial Services Inc (COBK) Financial Statements (2024 and earlier)

Company Profile

Business Address 2745 S. DELSEA DRIVE
VINELAND, NJ 08360
State of Incorp.
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)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments  
Cash and cash equivalents  
Total current assets:  
Noncurrent Assets
Property, plant and equipment7,8258,195
Total noncurrent assets:7,8258,195
Other undisclosed assets575,332615,401
TOTAL ASSETS:583,157623,596
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities523,994555,559
Total liabilities:523,994555,559
Equity
Equity, attributable to parent59,16368,037
Common stock3939
Additional paid in capital37,28937,155
Accumulated other comprehensive income (loss)(4,477)2,914
Retained earnings27,48229,307
Unearned esop shares(1,170)(1,378)
Total equity:59,16368,037
TOTAL LIABILITIES AND EQUITY:583,157623,596

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

12/31/2014
12/31/2013
12/31/2012
Revenues1,2111,175
Net investment income  
Financial services revenue1,2111,175
Cost of revenue
(Financial Services Costs)
(5,699) 
Gross profit:(4,488)1,175
Operating expenses(7,018)(7,041)
Other operating income, net
(Noninterest Income, Other Operating Income)
4136
Operating income (loss):(11,465)(5,830)
Nonoperating income888419
Investment income, nonoperating  
Gains on sales of other real estate44945
Bank owned life insurance income439374
Interest and debt expense(3,848)(5,431)
Other undisclosed income from continuing operations before equity method investments, income taxes  7,771
Income (loss) from continuing operations before equity method investments, income taxes:(14,425)(3,071)
Other undisclosed income (loss) from continuing operations before income taxes10,963 
Income (loss) from continuing operations before income taxes:(3,462)(3,071)
Income tax expense (benefit)1,6371,322
Income (loss) from continuing operations:(1,825)(1,749)
Income (loss) before gain (loss) on sale of properties:(1,825)(1,749)
Net income (loss) available to common stockholders, diluted:(1,825)(1,749)

Comprehensive Income ($ in thousands)

12/31/2014
12/31/2013
12/31/2012
Net income (loss):(1,825)(1,749)
Other comprehensive income (loss)(7,391)(601)
Other undisclosed comprehensive income  620
Comprehensive income (loss), net of tax, attributable to parent:(9,216)(1,730)

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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