MB Bancorp Inc (MBCQ) Financial Statements (2023 and Earlier)

Company Profile

Business Address 1920 ROCK SPRING ROAD
FOREST HILL, MD 21050
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)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7,4117,9659,2673,72115,189
Cash and cash equivalents7,4117,9659,2673,72115,189
Total current assets:7,4117,9659,2673,72115,189
Noncurrent Assets
Property, plant and equipment3,5483,6643,6773,7933,907
Total noncurrent assets:3,5483,6643,6773,7933,907
Other undisclosed assets139,390135,702118,367132,675131,588
TOTAL ASSETS:150,349147,331131,311140,189150,685
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities117,385116,971100,987105,308114,871
Total liabilities:117,385116,971100,987105,308114,871
Stockholders' equity
Stockholders' equity attributable to parent32,96430,36030,32434,88135,814
Common stock1919192121
Additional paid in capital18,38518,13518,13220,15820,144
Accumulated other comprehensive income (loss)(286)(229)(139)(11)15
Retained earnings16,07813,78013,77016,28417,318
Unearned esop shares(1,232)(1,345)(1,458)(1,571)(1,683)
Total stockholders' equity:32,96430,36030,32434,88135,814
TOTAL LIABILITIES AND EQUITY:150,349147,331131,311140,189150,685

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues4,3913,5973,9054,3654,609
Net investment income4,3913,5013,8704,3174,562
Cost of revenue
(Financial Services Costs)
   (1)(810)
Gross profit:4,3913,5973,9054,3643,799
Operating expenses(1,071)(3,199)(3,945)(3,526)(3,357)
Operating income (loss):3,320398(40)838442
Nonoperating income181163918576
Gains on sales of other real estate   131
Bank owned life insurance income142163354950
Other nonoperating income39 562324
Interest and debt expense(1,283)(936)(1,345)(1,232)(1,343)
Income (loss) from continuing operations before equity method investments, income taxes:2,218(375)(1,294)(309)(826)
Other undisclosed income (loss) from continuing operations before income taxes(1,189)448314(391)1,707
Income (loss) from continuing operations before income taxes:1,02973(980)(700)882
Income tax expense (benefit)1,278 (771)(334)(295)
Other undisclosed income (loss) from continuing operations  1,591 (1,468)
Net income (loss):2,30773(160)(1,034)(882)
Other undisclosed net loss attributable to parent  (1,591) (295)
Net income (loss) attributable to parent:2,30773(1,751)(1,034)(1,177)
Other undisclosed net income available to common stockholders, basic  3,5022,068 
Net income (loss) available to common stockholders, diluted:2,307731,7511,034(1,177)

Comprehensive Income ($ in thousands)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):2,30773(160)(1,034)(882)
Other comprehensive loss(57)(147)(128)(26)(5)
Comprehensive income (loss):2,250(74)(288)(1,060)(887)
Other undisclosed comprehensive loss, net of tax, attributable to parent  (1,591) (283)
Comprehensive income (loss), net of tax, attributable to parent:2,250(74)(1,879)(1,060)(1,170)

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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