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For the six months ended 30 June 2016, Palestine Commercial Bank Co interest income increased 9% to $6M. Net interest income after loan loss provision increased 16% to $4.5M. Net income increased from $570K to $3.8M. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities. Net income benefited from Interest Paid decrease of 13% to $1.3M (expense).
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Revenue | 6.31 | 3.74 | 3.77 | 3.59 |
Net Income | 3.15 | 0.66 | 0.46 | 0.37 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Assets | 260.2 | 283.02 | 282.9 | 288.85 |
Total Liabilities | 226.74 | 244.51 | 244.83 | 251.2 |
Total Equity | 33.47 | 38.51 | 38.06 | 37.64 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -6.59 | -1.8 | -9.48 | 17.96 |
Cash From Investing Activities | 1.64 | -3.13 | -0.28 | -1.77 |
Cash From Financing Activities | -10.66 | 0 | -0.66 | |
Net Change in Cash | -15.61 | -4.93 | -10.42 | 16.19 |
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