Park Sterling Corp (PSTB) financial statements (2021 and earlier)

Company profile

Business Address 1043 E. MOREHEAD STREET
CHARLOTTE, NC 28204
State of Incorp. NC
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments84715155184
Cash and cash equivalents84715155184
Derivative instruments and hedges, assets 31  
Disposal group, including discontinued operation  12  
Total current assets:84746455184
Noncurrent Assets
Property, plant and equipment6356595657
Intangible assets, net (including goodwill)7548513533
Goodwill6329292623
Intangible assets, net (excluding goodwill)111922910
Total noncurrent assets:1381041109190
Other undisclosed assets3,0342,3372,1851,8151,758
TOTAL ASSETS:3,2552,5142,3591,9612,033
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt285185125110
Derivative instruments and hedges, liabilities 74  
Total current liabilities:285192129110
Noncurrent Liabilities
Other undisclosed liabilities2,6152,0371,9551,6981,747
Total liabilities:2,9002,2302,0841,6991,757
Stockholders' equity
Stockholders' equity attributable to parent, including:356285275262276
Preferred stock    21
Common stock5345   
Additional paid in capital273223223223221
Accumulated other comprehensive income (loss)(3)(3)(1)(5)3
Retained earnings (accumulated deficit)33209(0)(14)
Other undisclosed stockholders' equity attributable to parent  454545
Total stockholders' equity:356285275262276
TOTAL LIABILITIES AND EQUITY:3,2552,5142,3591,9612,033

Income statement (P&L) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues13410397  
Net investment income1198985  
Cost of revenue
(Financial Services Costs)
(3)(1) (1)(2)
Gross profit:13110297(1)(2)
Operating expenses(79)(62)(66)(40)(34)
Other operating income, net
(Noninterest Income, Other Operating Income)
 1321
Operating income (loss):534034(39)(36)
Nonoperating income33442
Gains on sales of other real estate  120
Bank owned life insurance income33321
Interest and debt expense(14)(8)(8)(6)(7)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(11)(10)(11)6448
Income from continuing operations before income taxes:302519237
Income tax expense(10)(8)(6)(7)(2)
Net income attributable to parent:201713154
Preferred stock dividends and other adjustments   (0)(0)
Net income available to common stockholders, diluted:201713154

Comprehensive Income ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:201713154
Other comprehensive income (loss)(0)(1)3(8)0
Comprehensive income, net of tax, attributable to parent:20151675

Statements sources

The financial statements are based on the company's filings with the 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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