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University Bancorp (University Bancorp) Other Income (Minority Interest) : $-0.42 Mil (TTM As of Dec. 2022)


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What is University Bancorp Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. University Bancorp's Other Income (Minority Interest) for the six months ended in Dec. 2022 was $-0.42 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Dec. 2022 was $-0.42 Mil.


University Bancorp Other Income (Minority Interest) Historical Data

The historical data trend for University Bancorp's Other Income (Minority Interest) 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.

University Bancorp Other Income (Minority Interest) Chart

University Bancorp Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Income (Minority Interest)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 -0.20 -2.71 -2.72 -0.42

University Bancorp Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Income (Minority Interest) 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 -0.20 -0.20 -2.71 -2.72 -0.42

University Bancorp Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Dec. 2022 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.


University Bancorp  (OTCPK:UNIB) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.


University Bancorp (University Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2015 Washtenaw Avenue, Ann Arbor, MI, USA, 48104
University Bancorp Inc is a holding company of University Bank (the Bank). It is a full-service community bank, which offers all customary banking services, including the acceptance of checking, savings and time deposits. The bank also makes commercial, real estate, personal, home improvement, automotive and another installment, credit card, and consumer loans, and provides fee-based services such as foreign currency exchange. The company's customer base is primarily located in the Ann Arbor, Michigan metropolitan statistical area. Its segments include The Bank & Midwest (community banking & servicing), ULG (mortgage banking), and UIF (faith-based lending).
Executives
Nicholas K Fortson officer: CFO 959 MAIDEN LANE, ANN ARBOR MI 48105
Jove Corp other: Affiliate of majority owner 3220 COOLIDGE HWY, BERKLEY MI 48072
Joseph Lange Ranzini director, 10 percent owner 959 MAIDEN LANE, ANN ARBOR MI 48105
Stephen Lange Ranzini director, 10 percent owner, officer: President & CEO 959 MAIDEN LANE, ANN ARBOR MI 48105
Mildred Lange Ranzini 10 percent owner 43 SWEETWATER, BELLE MEAD NJ 08502