-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KBwbkAnlY/BQC4w/CuyKpMtah42MVjr+KPbaVeLqAo6V4AvyTdDg0K8ckkS52wwu izrvkSAg8B/x2azXQaLQHQ== 0000950110-99-001060.txt : 19990816 0000950110-99-001060.hdr.sgml : 19990816 ACCESSION NUMBER: 0000950110-99-001060 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990630 FILED AS OF DATE: 19990813 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEAPACK GLADSTONE FINANCIAL CORP CENTRAL INDEX KEY: 0001050743 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 223537895 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: SEC FILE NUMBER: 000-23537 FILM NUMBER: 99688154 BUSINESS ADDRESS: STREET 1: PEAPACK GLADSTONE FINACIAL CORP STREET 2: 158 ROUTE 206 NORTH CITY: GLADSTONE STATE: NJ ZIP: 07934 BUSINESS PHONE: 9082340700 MAIL ADDRESS: STREET 1: PEAPACK GLADSTONE FINANCIAL CORP STREET 2: 158 ROUTE 206 NORTH CITY: GLADSTONE STATE: NJ ZIP: 07934 10-Q 1 FORM 10-Q ================================================================================ FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTER ENDED JUNE 30, 1999 ---------- PEAPACK-GLADSTONE FINANCIAL CORPORATION ------------------------------------------------------ (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) NEW JERSEY 22-3537895 ------------------------------- ------------------- (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 158 ROUTE 206 NORTH, GLADSTONE, NEW JERSEY 07934 - ------------------------------------------ ------------------- (Address of principal executive offices) (Zip Code) REGISTRANT'S TELEPHONE NUMBER (908) 234-0700 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [_]. Number of shares of Common stock outstanding as of March 31, 1999: 2,440,381 ================================================================================ PEAPACK-GLADSTONE FINANCIAL CORPORATION PART I. FINANCIAL INFORMATION Certain information and footnote disclosures normally included in the consolidated financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission. It is suggested that these condensed consolidated financial statements be read in conjunction with the consolidated financial statements and notes thereto included in the December 31, 1998 Annual Report on Form 10-K for Peapack-Gladstone Financial Corporation (the "Corporation"). The Corporation considers that all adjustments (all of which are normal recurring accruals) necessary for a fair statement of the financial position and results of operations for these periods have been made; however, results for such interim periods are subject to year-end adjustments. Results for such interim periods are not necessarily indicative of results for a full year. 2 PEAPACK-GLADSTONE FINANCIAL CORPORATION CONSOLIDATED STATEMENTS OF CONDITION (Dollars in thousands) (Unaudited) June 30, December 31, 1999 1998 --------- ------------ ASSETS Cash and due from banks $ 12,162 $ 13,079 Federal funds sold 27,799 29,600 --------- --------- Total cash and cash equivalents 39,961 42,679 Investment Securities: (approximate market value $41,442 in 1999 and $44,327 in 1998) 41,518 43,581 Securities Available for Sale: (amortized cost $100,491 in 1999 and $90,781 in 1998) 98,922 92,255 Loans: Loans secured by real estate 197,926 190,530 Other loans 21,842 23,326 --------- --------- Total loans 219,768 213,856 Less: Allowance for loan losses 2,407 2,224 --------- --------- Net loans 217,361 211,632 Premises and equipment 9,150 9,170 Accrued interest receivable 3,127 2,963 Other assets 1,344 516 --------- --------- TOTAL ASSETS $ 411,383 $ 402,796 ========= ========= LIABILITIES Deposits: Noninterest-bearing demand deposits $ 90,223 $ 85,881 Interest-bearing deposits: Checking 79,910 79,778 Savings 71,347 70,962 Money market accounts 29,074 26,363 Certificates of deposit over $100,000 26,082 27,608 Certificates of deposit less than $100,000 73,754 72,241 --------- --------- Total deposits 370,390 362,833 Accrued expenses and other liabilities 2,303 2,008 --------- --------- TOTAL LIABILITIES 372,693 364,841 STOCKHOLDERS' EQUITY Common stock (no par value; stated value $1 2/3 per share; authorized 10,000,000 shares; issued 2,451,444 shares.) 4,086 4,085 Surplus 12,427 12,483 Treasury Stock at cost, 11,063 shares in 1999 and 13,562 shares in 1998 (641) (791) Retained Earnings 23,827 21,252 Accumulated other comprehensive income- net unrealized (losses) gains on securities available for sale (net of income taxes) (1,009) 926 --------- --------- TOTAL STOCKHOLDERS' EQUITY 38,690 37,955 --------- --------- TOTAL LIABILITIES & STOCKHOLDERS' EQUITY $ 411,383 $ 402,796 ========= ========= See accompanying notes to consolidated financial statements. 3
PEAPACK-GLADSTONE FINANCIAL CORPORATION CONSOLIDATED STATEMENTS OF INCOME (Dollars in thousands, except share data) (Unaudited) Six months ended Three months ended June 30, June 30, ----------------------- ---------------------------- 1999 1998 1999 1998 ---------- ---------- ---------- ---------- INTEREST INCOME Interest and fees on loans $ 8,318 $ 7,344 $ 4,195 $ 3,786 Interest on investment securities: Taxable 882 1,366 440 671 Tax-exempt 280 216 146 104 Interest on securities available for sale: Taxable 2,929 2,769 1,500 1,339 Interest on federal funds sold 563 382 244 180 ---------- ---------- ---------- ---------- Total interest income 12,972 12,077 6,525 6,080 INTEREST EXPENSE Interest on savings account deposits 1,508 1,613 767 801 Interest on certificates of deposit over $100,000 725 577 347 310 Interest on other time deposits 1,819 1,852 887 933 ---------- ---------- ---------- ---------- Total interest expense 4,052 4,042 2,001 2,044 ---------- ---------- ---------- ---------- NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES 8,920 8,035 4,524 4,036 Provision for loan losses 198 182 99 91 ---------- ---------- ---------- ---------- NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 8,722 7,853 4,425 3,945 ---------- ---------- ---------- ---------- OTHER INCOME Service charges and fees for other services 2,317 2,153 1,086 902 Securities gains 0 113 0 46 Other income 54 54 27 26 ---------- ---------- ---------- ---------- Total other income 2,371 2,320 1,113 974 OTHER EXPENSES Salaries and employee benefits 3,343 3,204 1,672 1,572 Premises and equipment 1,228 1,113 639 579 Other expense 1,478 1,470 790 775 ---------- ---------- ---------- ---------- Total other expenses 6,049 5,787 3,101 2,926 ---------- ---------- ---------- ---------- INCOME BEFORE INCOME TAX EXPENSE 5,044 4,386 2,437 1,993 Income tax expense 1,782 1,600 828 697 ---------- ---------- ---------- ---------- NET INCOME $ 3,262 $ 2,786 $ 1,609 $ 1,296 ========== ========== ========== ========== EARNINGS PER SHARE (Reflects a 5% stock dividend in 1998.) Basic 1.34 1.14 0.66 0.53 Diluted 1.30 1.11 0.65 0.51 Average basic shares outstanding 2,439,910 2,444,803 2,439,910 2,444,634 Average diluted shares outstanding 2,518,109 2,522,711 2,518,109 2,499,496
See accompanying notes to consolidated financial statements 4 PEAPACK-GLADSTONE FINANCIAL CORPORATION CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Dollars in thousands) (Unaudited) Six Months Ended June 30, ------------------------- 1999 1998 -------- -------- Balance, Beginning of Period $ 37,955 $ 33,639 Comprehensive income: Net Income 3,262 2,786 Change in net unrealized gains on securities available for sale (1,935) 0 -------- -------- Total Comprehensive income 1,327 2,786 Common Stock Options Exercised (6) (18) Treasury Stock Transactions, net 0 151 Cash Dividends Declared (586) (511) -------- -------- Balance, June 30, $ 38,690 $ 36,047 ======== ======== See accompanying notes to consolidated financial statements. 5 PEAPACK-GLADSTONE FINANCIAL CORPORATION CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in thousands) (Unaudited) Six Months Ended June 30, ---------------------- 1999 1998 -------- -------- OPERATING ACTIVITIES: Net Income: $ 3,262 $ 2,786 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 446 384 Amortization of premium and accretion of discount on securities, net 122 29 Provision for loan losses 198 182 Provision for deferred taxes (25) (21) Gains on securities 0 (113) Increase in interest receivable (164) (106) Increase in other assets 307 433 Increase in other liabilities 295 496 -------- -------- NET CASH PROVIDED BY OPERATING ACTIVITIES 4,441 4,070 -------- -------- INVESTING ACTIVITIES: Proceeds from maturities of investment securities 6,536 5,750 Proceeds from maturities of securities available for sale 4,000 10,000 Proceeds from calls of investment securities 4,600 5,000 Proceeds from sales and calls of securities available for sale 7,000 21,822 Purchase of investment securities (9,107) (9,619) Purchase of securities available for sale (20,789) (19,934) Net (increase) decrease in short term investments (10) (4,281) Net increase in loans (5,927) (23,521) Net decrease in other real estate 135 Purchase of premises and equipment (426) (570) -------- -------- NET CASH USED IN INVESTING ACTIVITIES (14,123) (15,218) -------- -------- FINANCING ACTIVITIES: Net increase in deposits 7,557 11,269 Dividends paid (586) (511) Exercise of stock options (7) 199 Purchase of treasury stock 0 (66) -------- -------- NET CASH USED IN FINANCING ACTIVITIES 6,964 10,891 -------- -------- Net (decrease) in cash and cash equivalents (2,718) (257) -------- -------- Cash and cash equivalents at beginning of period 42,679 33,240 -------- -------- Cash and cash equivalents at end of period $ 39,961 $ 32,983 ======== ======== Supplemental disclosures of cash flow information: Cash paid during the year for: Interest on deposits $ 3,983 $ 4,066 Income taxes 2,022 1,600 Noncash investing activities: Transfer of loans to Other Real Estate 41 0 See accompanying notes to consolidated financial statements. 6 PEAPACK-GLADSTONE FINANCIAL CORPORATION NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) 1. PRINCIPLES OF CONSOLIDATION The consolidated financial statements of Peapack-Gladstone Financial Corporation are prepared on the accrual basis and include the accounts of the Corporation and its wholly-owned subsidiary, the Peapack-Gladstone Bank. All significant intercompany balances and transactions have been eliminated from the accompanying consolidated financial statements. 2. ALLOWANCE FOR LOAN LOSSES The allowance for loan losses is maintained at a level that management considers adequate to reflect the risk of future losses inherent in the Corporation's loan portfolio. In its evaluation of the adequacy of the allowance for loan losses, management considers past loan loss experience, changes in the composition of non-performing loans, the condition of borrowers facing financial pressure, the relationship of the current level of the allowance to the credit portfolio and to non-performing loans and existing economic conditions. The process of determining the adequacy of the allowance is necessarily judgmental and subject to changes in external conditions. The allowance is increased by provisions charged to expense and reduced by net charge-offs. 3. EARNINGS PER COMMON SHARE - BASIC AND DILUTED Basic earnings per share is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding. Diluted earnings per share includes any additional common shares as if all potentially dilutive common shares were issued (i.e., stock options). 4. COMPREHENSIVE INCOME The Corporation's total comprehensive income for the six months ended June 30, 1999 and 1998 was $1,327,000 and $2,786,000 and for the three months ended June 30, 1999 and 1998 was $428,000 and $1,408,000. The difference between the Corporation's net income and total comprehensive income for the three months ended and six months ended June 30, 1999 and 1998 relates to the change in the net unrealized gains (losses) on securities available for sale during the applicable period of time. 7 MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS RESULTS OF OPERATIONS: Net income for the six month period ended June 30, 1999 was $3,262,000, as compared to net income of $2,786,000 in 1998. On a diluted per share basis, the Corporation earned $1.30 and $1.11 during the first six months of 1999 and 1998, respectively. Higher net interest income and higher other income, offset in part by increased other expenses and higher income taxes were the primary factors contributing to the increase in net income. Net income for the quarter ended June 30, 1999 was $1,609,000, representing a $313,000 increase from the second quarter net income in 1998. Higher net interest income and higher other income contributed to the increase in net income. NET INTEREST INCOME: Net interest income after provision for loan losses for the first six months of 1999 increased 11% to $8,722,000 from $7,853,000 in 1998. The increase in net interest income was primarily due to increased loan volume, which was funded by increased low cost core deposits. Average loans for the six month period were $218,857,000, an increase of $35,326,000 or 19% over the previous year. Average interest-earning assets during the first six months of 1999 were $383,005,000, representing an increase of $44,261,000 or 13% over the previous year. Average interest-bearing liabilities rose to $278,959,000 for the first six months of 1999 as compared with $256,730,000 during the same period in 1998. The yield on interest-earning assets, including loans, securities and federal funds sold declined during the first six months of 1999 to 6.86% from 7.12% during the first half of 1998. This decline is attributable to the overall decline in interest rates as the Federal Reserve Bank lowered the federal funds rate 25 basis points on three separate occasions during the later part of 1998. The rate paid on average interest-bearing deposits declined to 2.93% during the first six months of 1999 from 3.17% the previous year. Interest rates declined in each of the deposit product lines following the trend of lower interest rates during the period. A significant contribution to the increase in net interest income was made by the strong growth in average non-interest bearing demand deposits, which increased $16,180,000 or 24% during the period. During the second quarter of 1999, net interest income was $4,425,000 as compared to $3,945,000 in 1998. The increase in net interest income for the quarter was primarily due to increased average loan balances, up $31,678,000 or 17% from the second quarter of 1998. This increase was offset in part by lower rates earned on loans of 7.52% down from 7.82% earned in the second quarter of last year. The lower interest expense for the second quarter is attributable to lower interest rates paid on interest-bearing deposits offset in part by higher average balances. OTHER INCOME: Other income before gains on securities was $2,371,000 and $2,207,000 for the first six months of 1999 and 1998, respectively. This increase was primarily due to higher trust fees, up $215,000 from 1998. Offsetting higher trust fees during the period were lower service charges and fees which is attributable to free checking account promotions during the period. During the second quarter of 1999, other income before securities gains was $1,113,000 as compared to $928,000 a year earlier. Trust fees accounted for this increase, up $216,000 for the period. The Corporation had no gains or losses on the sale of securities during the first six months of 1999. During the first six months of 1998, gains on sale of securities amounted to $113,000. OTHER EXPENSES: Other expenses for the first six months of 1999 increased from $5,787,000 in 1998 to $6,049,000 in 1999 an increase of 4.5%. Salary expense for the first six months of 1999 increased $256,000 as compared with the same period in 1998. Merit and promotional raises plus several additions to the professional staff contributed to this increase. Partially offsetting the increase in salary expense was lower benefit expense, which declined $118,000 from the prior year period. The decline was primarily due to reduced pension contribution costs. Premises and equipment expense increased $115,000 or 10% during the first six months of 1999. This increase was primarily due to higher depreciation expenses on computer equipment purchased during 1998 as the Corporation upgraded various computer hardware and software. During the second quarter of 1999, other expenses increased $175,000 from the same period in 1998, representing an increase of 6%. Higher salary and employee benefit expenses, depreciation and Trust Department expenses accounted for the increase. PROVISION FOR LOAN LOSSES: At June 30, 1999, the allowance for loan losses amounted to $2,407,000 as compared with $2,054,000 a year earlier. Non-performing loans (consisting of all non-accrual loans and loans over 90 days past due and still accruing interest) were $547,000 and $1,080,000 at June 30, 1999 and 1998, respectively. A provision of $198,000 and $182,000 for loan losses was recorded for the six months ended June 30, 1999 and 1998, respectively. Net charge-offs were $15,000 during the first six months of 1999 as compared with net charge-offs of $21,000 during the same period in 1998. A provision for loan losses of $99,000 was recorded in the second quarter of 1999, as compared to $91,000 in the second quarter of 1998. Net recoveries were $2,000 during the second quarter of 1999 as compared to net charge-offs of $12,000 during the second quarter of 1998. A summary of the allowance for loan losses for the six month period ended June 30, follows: (In thousands) 1999 1998 ------ ------ Balance, January 1, $2,224 $1,893 Provision charged to expense 198 182 Loans charged off (53) (44) Recoveries 38 23 ------ ------ Balance, June 30, $2,407 $2,054 ====== ====== CAPITAL RESOURCES: Maintaining a strong capital position is an important goal of the Corporation. At June 30, 1999, total shareholders' equity (including net unrealized (losses) gains) was $38,690,000, representing a 7% increase over the same period in 1998. The Federal Reserve Board has adopted risk-based capital guidelines for banks. The minimum guidelines for the ratio of total capital to risk-weighted assets is 8%. At least half of the total capital is to be comprised of common stock, retained earnings, minority interests in the equity accounts of consolidated subsidiaries, non-cumulative preferred stock, less goodwill and certain other intangibles ("Tier 1 Capital"). The remainder may consist of other preferred stock, certain other instruments and a portion of the loan loss allowance. At June 30, 1999, the Bank's Tier 1 Capital and Total Capital ratios were 22.08% and 23.51%, respectively. In addition, the Federal Reserve Board has established minimum leverage ratio guidelines for banks. These guidelines provide for a minimum ratio of Tier 1 Capital to average total assets of 3% for banks that meet certain specified criteria, including having the highest regulatory rating. All other banks are generally required to maintain a leverage ratio of at least 3% plus an additional cushion of 100 to 200 basis points. The Bank's leverage ratio at June 30, 1999 was 9.21%. NEW ACCOUNTING PRONOUNCEMENT: In June 1998, the FASB issued SFAS No. 133, "Accounting for Derivative Instruments and Hedging Activities." This Statement establishes accounting and reporting standards requiring that every derivative instrument be recorded in the balance sheet, either as an asset, or as a liability, measured at its fair value. The Statement requires that changes in the derivative's fair value shall be recognized in current earnings unless specific hedge accounting criteria are met. Special accounting for qualifying hedges allows a derivative's gains and losses to offset related results on the hedged item in the income statement, and requires that a company must formally document, designate and assess the effectiveness of transactions that receive hedge accounting. In June 1999, the FASB issued SFAS 137, "Accounting for Derivative Instruments and Hedging Activities-Deferral of the Effective Date of FASB Statement No. 133," which changed the effective date of SFAS 133 from fiscal quarters of fiscal years beginning after June 15, 1999 to fiscal quarters of fiscal years beginning after June 15, 2000. A company may implement the Statement as of the beginning of any fiscal quarter but it cannot be applied retroactively. The Corporation does not currently have derivative or hedged instruments and management does not anticipate the Statement to have a material impact on its financial position or results of operations. YEAR 2000 COMPLIANCE: During fiscal 1998, the Corporation adopted a Year 2000 Compliance Plan (the "Plan") and established a Year 2000 Compliance Committee (the "Committee"). The objectives of the Plan and the Committee are to prepare the Corporation for the new millennium. As recommended by the Federal Financial Institutions Examination Council, the Plan encompasses the following phases: Awareness, Assessment, Renovation, Validation and Implementation. These phases will enable the Corporation to identify risks, develop an action plan, perform adequate testing and complete certification that its processing systems will be Year 2000 ready. Execution of the five (5) phases of the plan have been completed as of June 30, 1999, including testing and complete certification of the primary operating software, maintained by an external provider of software, for the Corporation. The Corporation is currently in the process of preparing and testing contingency plans in the event of a failure of hardware or software, including non-information technology suppliers (i.e., utility systems, telephone systems and security systems), regarding their Year 2000 state of readiness. The Corporation has also contacted all material loan customers concerning their state of readiness. Costs will be incurred due to the replacement of non-compliant hardware and software. The Corporation does not anticipate that the related overall costs will be material in any single year. In total, the Corporation estimates that its cost for compliance will amount to approximately $200,000 over the two-year period from 1998-1999, of which approximately $125,000 was incurred as of June 30, 1999. No assurance can be given that the Year 2000 Compliance Plan will be completed successfully by the Year 2000, in which event the Corporation could incur significant costs. If the External Provider is unable to resolve the potential problem in time, the Corporation would likely experience significant data processing delays, mistakes or failures. These delays, mistakes or failures could have a significant adverse impact on the financial statements of the Corporation. Successful and timely completion of the Year 2000 project is based on management's best estimates derived from various assumptions of future events, which are inherently uncertain, including the progress and results of the Corporation's External Provider, testing plans, and all vendors, suppliers and customer readiness. MARKET RISK: The Corporation continues to monitor its exposure to various market risk sensitive instruments. These instruments and procedures employed to monitor market risks are listed in the Corporation's 1998 Annual Report. PART II. OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS No information is reported under this item. ITEM 2. CHANGES IN SECURITIES No changes have been made to the rights of holders of any class of securities during the second quarter of 1999. ITEM 3. DEFAULTS UPON SENIOR SECURITIES No default has occurred with respect to any of the Corporation's securities during 1999. ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS At the Annual Meeting of shareholders held on April 28, 1999, in Peapack-Gladstone, New Jersey, the following matters were discussed and voted upon: (1) The following persons were elected as directors of Peapack-Gladstone Financial Corporation for a term of one year: Pamela Hill, T. Leonard Hill, Frank A. Kissel, John D. Kissel, Edward A. Merton, F. Duffield Meyercord, John R. Mulcahy, Jack D. Stine, James R. Lamb, George R. Layton and Philip W. Smith III. ITEM 5. OTHER INFORMATION No information is reported under this item. ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K (a) Exhibits None (b) Reports on Form 8-K None SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 12th day of August 1999. PEAPACK-GLADSTONE FINANCIAL CORPORATION (Registrant) BY /s/ FRANK A. KISSEL -------------------------------- (FRANK A. KISSEL, PRESIDENT AND CHIEF EXECUTIVE OFFICER) /s/ ARTHUR F. BIRMINGHAM -------------------------------- (ARTHUR F. BIRMINGHAM, SENIOR VICE PRESIDENT AND TREASURER) EX-27 2 FINANCIAL DATA SCHEDULE
5 1,000 3-MOS 12-MOS DEC-31-1999 DEC-31-1998 JUN-30-1999 DEC-31-1998 39,961 42,679 140,440 135,836 222,895 216,819 2,407 2,224 0 0 1,344 516 9,150 9,170 0 0 411,383 402,796 372,693 364,841 0 0 0 0 0 0 4,086 4,085 34,604 33,870 411,383 402,796 0 0 15,343 29,075 0 0 0 0 6,049 11,761 198 465 4,052 8,438 5,044 8,411 1,782 3,092 3,262 5,319 0 0 0 0 0 0 3,262 5,319 1.34 2.18 1.30 2.11
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