Professional Documents
Culture Documents
(1)
2012 $ 72,038 5,749 6,341 (58,856 ) (28,711 ) (7,217) 5,647 4,718 5,404 (1,897) (101) $ 3,115 $ $
2011 83,898 6,228 8,445 (72,167 ) (28,380 ) (12,815 ) (858) 13,465 27,992 2,429 (239) 27,998 $ $
Adjusted interest income (1) Income on preferred stock investment Adjusted asset management fees (1) Adjusted interest expense (1) Operating expenses (2) Impairment on bonds Net loan loss recovery (provision) Adjusted net gains on sale of bonds (1) Adjusted net gains due to real estate consolidation and foreclosure (1) Adjusted other net (losses) gains (1) Income tax expense Net income to common shareholders Total other comprehensive income to common shareholders
Varian ce (11,86 0) (479) (2,104) 13,311 (331) 5,598 6,505 (8,747) (22,58 8) (4,326) 138 (24,88 3)
34,633
11,425
23,208
37,748
39,423
(1,675)
Common shareholders' equity at December 31, Common shares outstanding at December 31, (3) Book value at December 31,
44,901 42,512
4,832 42,119
40,069
1.06
$0.11
0.95
Indicates a non-GAAP financial measure. See Exhibit A for a reconciliation between the adjusted measures presented above and the GAAP financial measure contained in the Consolidated Statements of Operations in the Company's 2012 Annual Report.
(2)
Includes "Salaries and benefits", "General and administrative", "Professional fees" and "Other expenses" as reported on the Company's Consolidated Statements of Operations.
(3)