-----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, M5XJRvd0DeTF/t9D9rWSpE3G7HorKcFFRMFwlsz9kD4tWWUd0SGDsNIVFvnbXH5b h/iPtzb1H+J9xE5DHqgeZg== 0000950144-97-008976.txt : 19970814 0000950144-97-008976.hdr.sgml : 19970814 ACCESSION NUMBER: 0000950144-97-008976 CONFORMED SUBMISSION TYPE: 10QSB PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19970630 FILED AS OF DATE: 19970813 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: VOLUNTEER BANCORP INC CENTRAL INDEX KEY: 0000947440 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 621271025 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10QSB SEC ACT: 1934 Act SEC FILE NUMBER: 000-22473 FILM NUMBER: 97658382 BUSINESS ADDRESS: STREET 1: 161 W MAIN ST CITY: SNEEDVILLE STATE: TN ZIP: 37879 BUSINESS PHONE: 4239219900 MAIL ADDRESS: STREET 1: 161 W MAIN ST CITY: SNEEDVILLE STATE: TN ZIP: 37879 10QSB 1 VOLUNTEER BANCORP, INC. FORM 10QSB 1 U.S. Securities and Exchange Commission Washington, D.C. 20549 FORM 10-QSB (Mark One) [X] QUARTERLY REPORT PURSUANT SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 1997 [ ] TRANSITION REPORT PURSUANT SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to __________________ Commission file number 33-94050 VOLUNTEER BANCORP, INC. (Exact name of small business issuer as specified in its charter) TENNESSEE 62-1271025 (State of other jurisdiction of (IRS Employer incorporation or organization) Identification No.) 210 East Main Street, Rogersville, Tennessee 37879 (Address of principal executive offices) (423) 272-2200 (Issuer's telephone number) __________________________________________________ (Former name, former address and former fiscal year, if changed since last report) Check whether the issuer (1) filed all reports required to be filed by Section 12, 13 or 15(d) of the Exchange Act during the past 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 ----- ----- APPLICABLE ONLY TO CORPORATE ISSUERS State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 525,851 AS OF June 30, 1997. Transitional Small Business Disclosure Format (check one); Yes No X ----- ----- 2 VOLUNTEER BANCORP, INC. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS AS OF AND FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 1997 AND 1996 OPERATING RESULTS The Company reported net income for the second quarter of $32,833, or $0.06 per weighted average common share, compared to income of $25,157, or $0.05 for the same period a year ago. Our returns on average assets and average common equity were 0.05% and 0.97%, respectively, for the quarters ended June 30, 1997 and 1996. The net income for the first six month of 1997 was $68,518, or $0.13 per weighted average common share. This compares to a net loss of ($13,307), or ($0.03) per weighted average common share, for the same period last year. Net interest income for the first six months of 1997 increased $299,056 versus the first six months of 1996 to $1,092,211. The increase is attributable to growth in interest earning assets of 36.09%. Average loans grew 53.60% over the second quarter of 1996. Total Bank assets were $69,385,292 at June 30, 1997 compared to $50,915,673 as of June 30, 1996. The net interest margin was 3.76% for the second quarter of 1997 compared to 3.68% for the second quarter of 1996. The net spread was 3.30% for the second quarter of 1997 compared to 3.09% for the second quarter of 1996. The yield on the investment portfolio was 6.62% for the second quarter of 1997 compared to 6.42% for the same quarter of 1996. The higher level of interest income from loans and securities was offset by an increase in the cost of interest-bearing deposits. Non-interest income for the second quarter of 1997 increased $10,060 over the second quarter of 1996. The growth is attributable to service charges on deposit accounts and other fees. Non-interest expenses for the second quarter of 1997 increased $114,346 compared to the second quarter of 1996 primarily for costs (including salaries and employee compensation) associated with opening and staffing of new branches in Rogersville and Church Hill, Tennessee and the opening of a new main office in Rogersville, Tennessee.. ASSET QUALITY Non-performing assets at June 30, 1997 were $135,000 or 0.32% of loans and foreclosed properties, which is a decrease from $572,000, or 2.01% of loans and foreclosed properties at June 30, 1996. The provision for losses on loans was $50,000 for the second quarter of 1997 which is an increase of $35,000 over the provision for the second quarter of 1996. The increase in the provision is primarily attributable to the increase in loan growth. At June 30, 1997, the allowance for losses on loans was 1.29% of loans and approximately 407% of non-performing assets. 3 INDEPENDENT AUDITOR'S REVIEW REPORT To the Board of Directors Volunteer Bancorp, Inc. Rogersville, Tennessee We have reviewed the accompanying condensed consolidated balance sheets of Volunteer Bancorp, Inc. and subsidiary as of June 30, 1997 and 1996, and the related condensed consolidated statements of earnings for the three and six months then ended and the condensed consolidated statements of cash flows for the six months then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. All information included in these condensed consolidated financial statements is the representation of the management of Volunteer Bancorp, Inc. A review of interim financial statements consists primarily of inquiries of company personnel and analytical procedures applied to financial data. It is substantially less in scope than an audit in accordance with generally accepted accounting standards, the objective of which is the expression of an opinion regarding the condensed consolidated financial statements taken as a whole. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that should be made to the accompanying condensed consolidated financial statements in order for them to be in conformity with generally accepted accounting principles. July 28, 1997 Nashville, Tennessee 4 VOLUNTEER BANCORP, INC. AND SUBSIDIARY Condensed Consolidated Balance Sheets June 30, 1997 and 1996
(Unaudited- See Accountants' Review Report) - --------------------------------------------------------------------------------------------------------------------- ASSETS 1997 1996 ------ ----------------- --------------- Cash and due from banks $ 2,258,184 1,865,301 Federal fund sold 2,647,763 2,689,407 -------------------------------------------- Total cash and cash equivalents 4,905,947 4,554,708 Investment securities available for sale (amortized cost of $16,563,610 and $13,840,472, respectively) 16,464,168 13,512,445 Investment securities held to maturity (estimated market value of $1,354,083 and $1,812,309) 1,344,533 1,863,987 Loans, less allowances for loan losses of $549,213 and $423,288, respectively 42,111,329 27,889,474 Accrued interest receivable 684,948 613,194 Premises and equipment, net 3,716,014 2,269,743 Deferred income taxes 20,590 41,868 Other real estate 62,380 67,846 Goodwill 211,733 229,652 Other assets 55,462 100,226 -------------------------------------------- Total assets $ 69,577,104 51,143,143 ============================================ LIABILITIES AND STOCKHOLDERS' EQUITY Deposits: Non-interest bearing $ 7,900,410 6,157,526 Interest bearing 53,423,920 38,183,694 -------------------------------------------- Total deposits 61,324,330 44,341,220 Note payable 3,265,000 3,450,000 Interest payable 585,834 371,183 Securities sold under repurchase agreements 850,000 293,000 Other accrued taxes, expenses and liabilities 96,296 69,510 -------------------------------------------- Total liabilities 66,121,460 48,524,913 -------------------------------------------- Stockholders' equity: Common stock, $0.01 par value, 1,000,000 shares authorized, 525,851 and 479,012 shares issued and outstanding at June 30, 1997 and 1996, respectively 5,259 4,790 Additional paid-in capital 1,763,561 1,294,969 Retained earnings 1,748,478 1,582,133 Net unrealized (loss) on securities available for sale (61,654) (263,662) -------------------------------------------- Total stockholders' equity 3,455,644 2,618,230 -------------------------------------------- Total liabilities and stockholders' equity $ 69,577,104 51,143,143 ============================================
The accompanying notes are an integral part of these condensed consolidated financial statements. 5 VOLUNTEER BANCORP, INC. AND SUBSIDIARY Condensed Consolidated Statements of Earnings For The Three and Six Months Ended June 30, 1997 and 1996
(Unaudited - See Accountants' Review Report) - ---------------------------------------------------------------------------------------------------------------------------------- Three months ended Six months ended June 30, June 30, -------------------------- ------------------------ 1997 1996 1997 1996 ---- ---- ---- ---- Interest Income: Interest and fees on loans $ 985,446 658,625 1,866,079 1,243,598 Interest on federal funds 51,553 52,588 108,157 117,561 Interest on investment securities: Taxable 287,964 250,738 554,477 440,444 Exempt from Federal income taxes 1,250 625 2,500 625 ------------------------------------------------------------------------------- Total interest income 1,326,213 962,576 2,531,213 1,802,228 ------------------------------------------------------------------------------- Interest Expense: Interest on deposits 680,974 464,841 1,306,032 865,227 Other borrowed funds 66,614 71,947 132,970 143,846 ------------------------------------------------------------------------------- Total interest expense 747,588 536,788 1,439,002 1,009,073 ------------------------------------------------------------------------------- Net interest income 578,625 425,788 1,092,211 793,155 Provision for possible loan losses 50,000 15,000 95,000 30,000 ------------------------------------------------------------------------------- Net interest income after provision for possible loan losses 528,625 410,788 997,211 763,155 ------------------------------------------------------------------------------- Non-interest income: Service charges on deposits 25,885 15,605 46,016 29,275 Other service charges and fees 21,887 24,375 47,468 37,172 Securities gains (losses) (312) - 1,046 8,908 Other non-interest income 5,636 3,056 10,897 6,428 ------------------------------------------------------------------------------- Total non-interest income 53,096 43,036 105,427 81,783 ------------------------------------------------------------------------------- Non-interest expense: Salaries and employee benefits 273,677 240,019 527,996 493,110 Occupancy expense 56,222 31,979 89,855 55,462 Furniture and equipment expense 42,913 26,922 80,129 62,471 Other non-interest expense 154,317 113,863 292,748 253,296 ------------------------------------------------------------------------------- Total non-interest expense 527,129 412,783 990,728 864,339 ------------------------------------------------------------------------------- Earnings (loss) before income taxes 54,592 41,041 111,910 (19,401) Income tax expense (benefit) 21,759 15,884 43,392 (6,094) ------------------------------------------------------------------------------- Net income (loss) $ 32,833 25,157 68,518 (13,307) =============================================================================== Income (loss) per weighted average common share $ 0.06 0.05 0.13 (0.03) =============================================================================== Weighted average common shares outstanding 525,729 465,980 525,723 457,225 ===============================================================================
The accompanying notes are an integral part of these condensed consolidated financial statements. 6 VOLUNTEER BANCORP, INC. AND SUBSIDIARY Condensed Consolidated Statements of Cash Flows For The Six Months Ended June 30, 1997 and 1996
(Unaudited - See Accountants' Review Report) - -------------------------------------------------------------------------------------------------------- 1997 1996 ------------ ---------- Cash Flows from Operating Activities: Net income (loss) $ 68,518 (13,307) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Deferred income taxes (23,746) (20) Provision for possible loan losses 95,000 30,000 Provision for depreciation and amortization 93,204 63,328 (Gain) on securities (1,046) (8,908) (Increase) in interest receivable (74,294) (178,639) Decrease in other assets 6,453 87,767 (Decrease) increase in other liabilities (1,657) 108,849 -------------------------------- Net cash provided by operating activities 162,432 89,070 -------------------------------- Cash Flows from Investing Activities: Purchase of investment securities held to maturity -- (3,864,329) Proceeds from calls and maturity of held to maturity securities 259,314 5,523,140 Purchase of investment securities available for sale (4,738,170) (10,828,853) Proceeds from calls and maturity of securities available for sale 300,000 3,500,000 Proceeds from sale of securities available for sale 1,474,922 -- Net (increase) in loans (7,326,501) (6,344,871) Capital expenditures (583,212) (337,063) -------------------------------- Net cash (used) in investing activities (10,613,647) (12,351,976) -------------------------------- Cash Flows from Financing Activities: Net increase in demand deposits, NOW accounts and savings accounts 3,773,294 2,143,193 Net increase in certificates of deposit 1,873,905 7,685,853 Net increase in securities sold under repurchase agreements 675,000 293,000 Repayment of long-term borrowing (185,000) -- Proceeds from sale of common stock 2,010 327,600 -------------------------------- Net cash provided by financing activities 6,139,209 10,449,646 -------------------------------- (Decrease) in cash and cash equivalents (4,312,006) (1,813,260) Cash and cash equivalents beginning of period 9,217,953 6,367,968 -------------------------------- Cash and cash equivalents end of period $ 4,905,947 4,554,708 ================================ Supplemental Disclosure of Cash Flow Information: Cash paid during the period for: Interest $ 1,408,385 967,938 ================================ Income taxes $ 158,326 -- ================================
The accompanying notes are an integral part of these condensed consolidated financial statements. 7 VOLUNTEER BANCORP, INC. AND SUBSIDIARY Notes to Unaudited Condensed Consolidated Financial Statements Six Months Ended June 30, 1997 and 1996 - -------------------------------------------------------------------------------- 1. Management Opinion In the opinion of management, the accompanying unaudited condensed consolidated financial statements of Volunteer Bancorp, Inc. contain all adjustments, consisting of only normal, recurring adjustments, necessary to fairly present the financial results for the interim periods presented. The results of operations for any interim period is not necessarily indicative of the results to be expected for an entire year. These interim financial statements should be read in conjunction with the annual financial statements and notes thereto. 2. Adoption of Recently Issued Statements of Financial Accounting Standards (SFAS) The Financial Accounting Standards Board recently issued SFAS No. 123 entitled "Accounting for Stock Based Compensation." The statement is generally effective for financial statements issued for years beginning after December 15, 1995. The Statement establishes a fair-value based method of accounting for stock based compensation plans and similar arrangements and a fair-value basis for measuring transactions in which an entity acquires goods or services from non-employees utilizing entity stock or similar equity instruments. The Company does not currently employ stock based compensation plans or similar arrangements. The adoption of SFAS No. 123 did not have any impact upon the financial position or results of operations of the Company. The Financial Accounting Standards Board issued Statement of Financial Accounting Standards No. 122, "Accounting for Mortgage Servicing Rights, an amendment to Statement No. 65" ("SFAS No. 122"), on May 12, 1995. SFAS No. 122 provides guidance for recognition of mortgage servicing rights ("MSR") as an asset when a mortgage loan is sold or securitized and servicing rights retained, regardless of how those servicing rights were acquired. This eliminates the previously existing accounting distinction between rights to service mortgage loans for others that are acquired through loan origination activities and those acquired through purchase transactions. Impairment of the recorded MSR is to be measured periodically using a current fair value approach applied to each stratum of the disaggregated mortgage-servicing portfolio. Provisions of SFAS No. 122 are effective for fiscal years beginning after December 15, 1995. The adoption of SFAS No. 122 did not have a material impact upon the financial position or results of operations of the Company. The Financial Accounting Standards Board issued Statement of Financial Accounting Standards No. 121, "Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed of." SFAS No. 121 addresses situations where information indicates that a company might be unable to recover, through future operations or sale, the carrying amount of long-lived assets, identified intangibles and goodwill related to those assets. Provisions of this Statement are effective for fiscal years beginning after December 15, 1995. The adoption of this Statement did not have a material impact upon the financial position or results of operations of the Company. 8 VOLUNTEER BANCORP, INC. AND SUBSIDIARY Notes to Unaudited Condensed Consolidated Financial Statements Six Months Ended June 30, 1997 and 1996 - -------------------------------------------------------------------------------- SFAS No. 125, "Accounting for Transfers and Servicing of Financial Assets and the Extinguishment of Liabilities," establishes, among other things, new criteria for determining whether a transfer of financial assets for cash or other considerations should be accounted for as a sale or as a pledge of collateral in a secured borrowing. SFAS No. 125 also establishes new accounting requirements for pledged collateral. As issued, SFAS No. 125 is generally effective for transactions occurring after December 31, 1996 and should be applied on a prospective basis. This statement supersedes SFAS No. 122 and itself amends various previous pronouncements of the Financial Accounting Standards Board. Adoption by the Company on January 1, 1997 did not have a material impact upon the Company's financial position or results of operation. 4. Premises and Equipment, net The significant increase in premises and equipment, net at June 30, 1997 is primarily related to completion and equipping of branches in Church Hill and Rogersville, Tennessee and construction-in-progress relating to the construction of permanent banking facilities in Rogersville. 5. Non-interest Expense Total non-interest expense increased by $126,389 from June 30, 1996 to June 30, 1997. Salaries and employee benefits for the period ended June 30, 1997 have increased due to the addition of personnel associated with opening of branches in Church Hill and Rogersville, Tennessee. The increase in occupancy and furniture and equipment expense is also a result of the opening of the new branches. The increase in other non-interest expense is attributable to costs associated with changing the name of the Bank, promoting the new branches and overall growth. 6. Long-term debt The Company's long-term debt consists of a single note payable in the amount of $3,265,000 due an unaffiliated national bank. The interest rate on the note adjusts quarterly and is equal to the three-months London Interbank Offered Rate (Three Month LIBOR) plus 2.25% per annum or at the option of the Company the rate on the note is equal to the lender's index rate as such rate changes from time to time. The Company may change interest rate options at any time with prior notice to the lender. Interest is payable quarterly. At June 30 , 1997 the rate on the note was 8.066% per annum. 9 VOLUNTEER BANCORP, INC. AND SUBSIDIARY Notes to Unaudited Condensed Consolidated Financial Statements Six Months Ended June 30, 1997 and 1996 - -------------------------------------------------------------------------------- Principal is payable annually commencing January 31, 1997 and each January 1 thereafter as follows:
January 31, Principal Due ----------- ------------- 1998 $ 220,000 1998 255,000 2000 295,000 2001 325,000 2002 360,000 2003 395,000 2004 435,000 2005 470,000 2006 510,000 ------------------ $ 3,265,000 ==================
The loan is secured by all of the stock of Citizens Bank of East Tennessee owned by the Company. 7. Contingencies During the course of business, the Company makes various commitments and incurs certain contingent liabilities that are not presented in the accompanying balance sheet. The commitments and contingent liabilities may include various guarantees, commitments to extend credit, standby letters of credit, and litigation. In the opinion of management, no material adverse effect on the financial position, liquidity or operating results of the Company and its subsidiary is anticipated as a result of these items. 8. Profit-Sharing Plan The Company's subsidiary, The Citizens Bank of East Tennessee, adopted a profit-sharing retirement plan on July 1, 1995. All employees who meet certain age and length of service requirements are eligible to participate on a voluntary basis. Benefits, which become 20% vested after two years, 40% after three years, 60% after four years, 80% after five years, and 100% after six years, are paid on death, disability or retirement. The Board of Directors has discretion in establishing the amount of the Bank's contributions. Participants may make voluntary, after-tax contributions up to 20% of their compensation up to $9,500 per year. The participants are fully vested in any voluntary contributions they make. The Bank had not made any contributions to the plan for the six-months ended June 30, 1997 and 1996. 10 VOLUNTEER BANCORP, INC. AND SUBSIDIARY Notes to Unaudited Condensed Consolidated Financial Statements Six Months Ended June 30, 1997 and 1996 - -------------------------------------------------------------------------------- 9. Stock Offering At June 30, 1997 the Company had sold 134 shares of its $0.01 par value common stock for an aggregate consideration of $2,010 pursuant to the Company's offering which became effective June 5, 1997. Proceeds of the offering have been used to offset expenses of the offering. At June 30, 1996, the Company had sold 76082 shares of its $0.01 par value common stock for an aggregate consideration of $760,820 pursuant to the Company's offering which became effective September 11, 1995. Proceeds of the offering have been used to offset expenses of the offering, increase the capital of the subsidiary Bank and pay interest on the Company debt. This offering expired on September 11, 1996. 10. Earnings Per Share Effective for periods ending after December 15, 1997, SFAS No. 128, "Earnings per Share" revises the previous standards for computing and presenting earnings per share (EPS). This statement requires presentation of "basic EPS" and "diluted EPS", if applicable, and a reconciliation of the numerator and denominator of the computations between the two EPS presentations. Basic EPS excludes dilution and is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted EPS is not applicable for the Company because the Company does not have a complex capital structure. When effective, EPS presented by the Company pursuant to SFAS No. 128 will not differ from earnings per share presented in this and any other prior statements of the Company. 11 VOLUNTEER BANCORP, INC. AND SUBSIDIARY FINANCIAL HIGHLIGHTS AS OF AND FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 1997 AND 1996 (UNAUDITED)
Three Months Ended Six Months Ended June 30, June 30, ---------------------------------------------------------- 1997 1996 1997 1996 ---- ---- ---- ---- Net income (loss) $32,833 25,157 68,518 (13,307) Per common share data: Net income (loss) per weighted average common share $0.06 $0.05 $0.13 ($0.03) Book value $6.28 $5.47 $6.28 $5.47 Ratios: Return on average assets 0.05% 0.05% 0.10% (0.03)% Return on average common equity 0.97% 0.97% 2.00% (0.51)% Net interest margin (taxable equivalent basis) 3.76% 3.68% 3.66% 3.65% Expense ratio 3.12% 3.31% 3.02% 3.75% Allowance for loan losses / loans 1.29% 1.50% 1.29% 1.50% Non-performing loans / loans 0.17% 1.78% 0.17% 1.78% Non-performing assets / loans and foreclosed properties 0.32% 2.01% 0.32% 2.01% Shareholder's equity / total assets 4.97% 5.12% 4.97% 5.12% Leverage ratio (tangible capital / tangible average assets) 4.91% 5.31% 5.05% 5.73%
12 PART II -- OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS None. ITEM 2. CHANGES IN SECURITIES None ITEM 3. DEFAULTS UPON SENIOR SECURITIES None ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS None ITEM 5. OTHER INFORMATION None ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K (a) Exhibit 23.1 Consent of Welch & Associates Exhibit 27 Financial Data Schedule (for SEC use only) (b) There have been no Current Reports on Form 8-K filed during the quarter ended June 30, 1997. 13 SIGNATURES In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. VOLUNTEER BANCORP, INC. (Registrant) Date: August 12, 1997 Reed D. Matney, President (principal executive officer) Date: August 12, 1997 H. Lyons Price (principal financial and accounting officer) EX-23.1 2 CONSENT OF WELCH & ASSOCIATES 1 EXHIBIT 23.1 CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS As independent public accountants, we hereby consent to the use of our report dated July 28, 1997 included in this Quarterly Report on Form 10-Q for the Quarter Ended June 30, 1997. Welch & Associates Nashville, Tennessee August 12, 1997 EX-27 3 FINANCIAL DATA SCHEDULE
9 6-MOS DEC-31-1997 JAN-01-1997 JUN-30-1997 2,258,184 0 2,647,763 0 16,464,168 1,344,533 1,354,083 42,660,542 549,213 69,577,104 61,324,330 850,000 682,130 3,265,000 0 0 5,259 3,450,385 69,577,104 1,866,079 556,977 108,157 2,531,213 1,306,032 1,439,002 1,092,211 95,000 1,046 990,728 111,910 68,518 0 0 68,518 0.13 0 8.31 36,367 26,000 0 0 457,432 6,391 3,172 549,213 549,213 0 0
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