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For the nine months ended 30 September 2008, Millennium Bankshares Corporation interest income decreased 30% to $14.6M. Net interest income after loan loss provision decreased 66% to $2.1M. Net loss before extraordinary items totaled $12M vs. income of $91K. Net interest income after loan loss provision reflects Tax-Exempt Securities decrease of 77% to $338K, Securities Taxable decrease of 18% to $2.9M.
Period Ending: | Sep 30, 2008 | Jun 30, 2008 | Mar 31, 2008 | Dec 31, 2007 |
---|---|---|---|---|
Total Revenue | 3.98 | 5.11 | 6.45 | 5.34 |
Net Income | -9.59 | -2.15 | 5.12 | -9.23 |
Period Ending: | Sep 30, 2008 | Jun 30, 2008 | Mar 31, 2008 | Dec 31, 2007 |
---|---|---|---|---|
Total Assets | 319.42 | 360.14 | 381 | 518.31 |
Total Liabilities | 292.91 | 319.64 | 336.69 | 479.83 |
Total Equity | 26.51 | 40.5 | 44.31 | 38.48 |
Period Ending: | Sep 30, 2008 | Jun 30, 2008 | Mar 31, 2008 | Dec 31, 2007 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -9.76 | -1.7 | -3.79 | 5.48 |
Cash From Investing Activities | 105.3 | 71.23 | 56.47 | 51.99 |
Cash From Financing Activities | -94.14 | -67.4 | -50.52 | -61.56 |
Net Change in Cash | 1.39 | 2.13 | 2.15 | -4.09 |
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