NASB Financial Inc. (NASB, Financial) filed Quarterly Report for the period ended 2010-12-31.
Nasb Financial Inc. has a market cap of $120.9 million; its shares were traded at around $15.46 with a P/E ratio of 16 and P/S ratio of 1.
deposit accounts 4,286 4,693
Interest on advances from FHLB 1,797 3,339
Interest on subordinated debentures 127 128
- -
Total interest expense 6,210 8,160
- -
Net interest income 13,040 13,805
Provision for loan losses 3,950 9,000
- -
Net interest income after provision
for loan losses 9,090 4,805
- -
Other income (expense):
Loan servicing fees, net 77 26
Impairment (loss) recovery on mortgage
servicing rights (1) 5
Customer service fees and charges 2,458 1,858
Provision for loss on real estate owned (413) -
Gain on sale of securities available for sale 280 3,088
Gain from loans receivable held for sale 7,335 6,967
Impairment loss on investment in LLCs - (2,000)
Other 980 256
- -
Total other income 10,716 10,200
- -
General and administrative expenses:
Compensation and fringe benefits 5,115 4,501
Commission-based mortgage banking
compensation 6,172 4,116
Premises and equipment 1,036 990
Advertising and business promotion 1,267 1,369
Federal deposit insurance premiums 437 1,238
Other 2,508 1,443
- -
Total general and administrative expenses 16,535 13,657
- -
Income before income tax expense 3,271 1,348
Income tax expense 1,259 19
- -
Net income $ 2,012 1,329
= =
Basic earnings per share $ 0.26 0.17
= =
Diluted earnings per share $ 0.26 0.17
= =
Unrealized gain on available for sale securities,
net of income taxes of $122 $ 194
Reclassification adjustment for gain included in
net income, net of income taxes of $108 (172)
-
Change in unrealized gain on available for sale
securities, net of income tax of $14 $ 22
=
Less than 12 months 12 months or longer
- -
Estimated Gross Estimated Gross
fair unrealized fair unrealized
value losses value losses
-
Corporate debt securities $ 3,056 29 $ - -
Trust preferred securities 5,289 11 - -
-
Total $ 8,345 40 $ - -
=
Less than 12 months 12 months or longer
- -
Estimated Gross Estimated Gross
fair unrealized fair unrealized
value losses value losses
-
Collateralized mortgage
obligations $ 7,926 156 $ 8,193 146
-
Total $ 7,926 156 $ 8,193 146
=
Ending Balance of allowance
for loan losses related
to loans:
Individually evaluated
for impairment $ 543 11 1,577 10,405 1,205 468 14,209
=
Collectively evaluated
for impairment $ - - - - - - -
=
Acquired with deteriorated
credit quality $ 127 - - - - - 127
=
Ending Balance:
Loans individually evaluated
for impairment $ 9,034 11 3,223 65,644 7,994 721 86,627
=
Loans collectively evaluated
for impairment $ - - - - - - -
=
Loans acquired with deteriorated
credit quality $ 1,626 - - - - - 1,626
=
Read the The complete Report
Nasb Financial Inc. has a market cap of $120.9 million; its shares were traded at around $15.46 with a P/E ratio of 16 and P/S ratio of 1.
Highlight of Business Operations:
Interest on customer and brokereddeposit accounts 4,286 4,693
Interest on advances from FHLB 1,797 3,339
Interest on subordinated debentures 127 128
- -
Total interest expense 6,210 8,160
- -
Net interest income 13,040 13,805
Provision for loan losses 3,950 9,000
- -
Net interest income after provision
for loan losses 9,090 4,805
- -
Other income (expense):
Loan servicing fees, net 77 26
Impairment (loss) recovery on mortgage
servicing rights (1) 5
Customer service fees and charges 2,458 1,858
Provision for loss on real estate owned (413) -
Gain on sale of securities available for sale 280 3,088
Gain from loans receivable held for sale 7,335 6,967
Impairment loss on investment in LLCs - (2,000)
Other 980 256
- -
Total other income 10,716 10,200
- -
General and administrative expenses:
Compensation and fringe benefits 5,115 4,501
Commission-based mortgage banking
compensation 6,172 4,116
Premises and equipment 1,036 990
Advertising and business promotion 1,267 1,369
Federal deposit insurance premiums 437 1,238
Other 2,508 1,443
- -
Total general and administrative expenses 16,535 13,657
- -
Income before income tax expense 3,271 1,348
Income tax expense 1,259 19
- -
Net income $ 2,012 1,329
= =
Basic earnings per share $ 0.26 0.17
= =
Diluted earnings per share $ 0.26 0.17
= =
Unrealized gain on available for sale securities,
net of income taxes of $122 $ 194
Reclassification adjustment for gain included in
net income, net of income taxes of $108 (172)
-
Change in unrealized gain on available for sale
securities, net of income tax of $14 $ 22
=
Less than 12 months 12 months or longer
- -
Estimated Gross Estimated Gross
fair unrealized fair unrealized
value losses value losses
-
Corporate debt securities $ 3,056 29 $ - -
Trust preferred securities 5,289 11 - -
-
Total $ 8,345 40 $ - -
=
Less than 12 months 12 months or longer
- -
Estimated Gross Estimated Gross
fair unrealized fair unrealized
value losses value losses
-
Collateralized mortgage
obligations $ 7,926 156 $ 8,193 146
-
Total $ 7,926 156 $ 8,193 146
=
Ending Balance of allowance
for loan losses related
to loans:
Individually evaluated
for impairment $ 543 11 1,577 10,405 1,205 468 14,209
=
Collectively evaluated
for impairment $ - - - - - - -
=
Acquired with deteriorated
credit quality $ 127 - - - - - 127
=
Ending Balance:
Loans individually evaluated
for impairment $ 9,034 11 3,223 65,644 7,994 721 86,627
=
Loans collectively evaluated
for impairment $ - - - - - - -
=
Loans acquired with deteriorated
credit quality $ 1,626 - - - - - 1,626
=
Read the The complete Report
