Elmer Bancorp (Elmer Bancorp) Retained Earnings : $17.20 Mil (As of Dec. 2007)

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What is Elmer Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Elmer Bancorp's retained earnings for the quarter that ended in Dec. 2007 was $17.20 Mil.

Elmer Bancorp's quarterly retained earnings declined from Jun. 2007 ($17.06 Mil) to Sep. 2007 ($16.91 Mil) but then increased from Sep. 2007 ($16.91 Mil) to Dec. 2007 ($17.20 Mil).

Elmer Bancorp's annual retained earnings declined from Dec. 2005 ($17.84 Mil) to Dec. 2006 ($16.74 Mil) but then increased from Dec. 2006 ($16.74 Mil) to Dec. 2007 ($17.20 Mil).

Elmer Bancorp Retained Earnings Historical Data

The historical data trend for Elmer Bancorp's Retained Earnings 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.

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Elmer Bancorp Retained Earnings Chart

Elmer Bancorp Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Retained Earnings

16.24

16.80

17.84

16.74

17.20

Elmer Bancorp Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
Retained Earnings	Get a 7-Day Free Trial											16.74	16.62	17.06	16.91	17.20

Elmer Bancorp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Elmer Bancorp (OTCPK:ELMA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Elmer Bancorp (Elmer Bancorp) Business Description

Industry

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Address

10 South Main Street, P. O. Box 980, Elmer, NJ, USA, 08318

Website

https://www.elmerbank.com

Elmer Bancorp Inc is a bank holding company incorporated in the State of New Jersey. Its First National Bank of Elmer (the Bank) operates under a national bank charter and provides a complete line of business and personal banking products. The Bank operates through its six full-service offices located in Cumberland, Gloucester and Salem counties in New Jersey. The majority of the Bank's activities are with customers located within Southern New Jersey.