 Access ID: |
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Statements
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| GS Financial Corp. |
Condensed Consolidated Statements of Income
(Unaudited) |
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For the 3 months
ended June 30 |
For the 6 months
ended June 30 |
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| ($ in thousands, except per share data) |
2010 |
2009 |
2010 |
2009 |
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| Interest and Dividend Income |
3,530 |
3,610 |
6,973 |
6,998 |
| Interest Expense |
1,166 |
1,663 |
2,416 |
3,176 |
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| Net Interest Income |
2,364 |
1,947 |
4,557 |
3,822 |
| Provision for Loan Losses |
650 |
- |
1,150 |
- |
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| Net Interest Income after Provision for Loan Losses |
1,714 |
1,947 |
3,407 |
3,822 |
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| Noninterest Income |
427 |
493 |
640 |
866 |
| Non-interest Expense |
1,963 |
1,785 |
178 |
655 |
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| Income Before Tax Expense |
178 |
655 |
64 |
1,227 |
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| Income Tax Expense (Benefit) |
40 |
152 |
(23) |
346 |
| Net Income |
138 |
503 |
87 |
881 |
| Earnings Per Share - Basic |
0.11 |
0.40 |
0.07 |
0.69 |
| Earnings Per Share - Diluted |
0.11 |
0.40 |
0.07 |
0.63 |
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| Selected Operating Data |
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Return on Average Assets1 |
0.20% |
0.76% |
0.06% |
0.71% |
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Return on Average Stockholders Equity1 |
1.95% |
7.10% |
0.61% |
6.26% |
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Net Interest Margin1 |
3.63% |
3.10% |
3.53% |
3.21% |
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Average Loans to Average Deposits |
92.88% |
95.86% |
93.22% |
101.93% |
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Interest-Earning Assets to Interest-Bearing Liabilities |
112.37% |
113.33% |
111.64% |
113.86% |
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Efficiency Ratio |
70.32% |
73.01% |
76.65% |
73.76% |
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Non-interest Expense/Average Assets1 |
2.84% |
2.69% |
2.90% |
2.77% |
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Stockholders' Equity to Total Assets |
10.36% |
10.63% |
10.36% |
10.63% |
1Annualized
Review our SEC filings on EDGAR by inserting our corporate name, "GS Financial Corp" where indicated.
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