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Cornerstone Financial (Cornerstone Financial) Deferred Tax : $-0.42 Mil (TTM As of Mar. 2012)


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What is Cornerstone Financial Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Cornerstone Financial's change in deferred tax for the three months ended in Mar. 2012 was $-0.54 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2012 was $-0.42 Mil.

Cornerstone Financial Deferred Tax Historical Data

The historical data trend for Cornerstone Financial's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cornerstone Financial Deferred Tax Chart

Cornerstone Financial Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Deferred Tax
Get a 7-Day Free Trial Premium Member Only -0.05 -0.15 -0.69 -0.12 -0.15

Cornerstone Financial Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.12 - - -0.54

Cornerstone Financial Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.42 Mil.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cornerstone Financial Deferred Tax Related Terms

Thank you for viewing the detailed overview of Cornerstone Financial's Deferred Tax provided by GuruFocus.com. Please click on the following links to see related term pages.

Cornerstone Financial (Cornerstone Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cornerstone Financial Corp (OTCPK:CFIC) » Definitions » Deferred Tax
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Traded in Other Exchanges
N/A
Address
6000 Midlantic Drive, Suite 120S, Mount Laurel, NJ, USA, 08054
Website
http://www.cornerstonebanknj.com
Cornerstone Financial Corp provides a range of lending, deposit, and financial products. It emphasizes commercial real estate and commercial lending to small businesses and professionals. It offers savings, business lending, mobile banking, online banking, and other services.

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