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Southern Community Bancshares (Southern Community Bancshares) Retained Earnings : $3.53 Mil (As of Dec. 2000)


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What is Southern Community Bancshares Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Southern Community Bancshares's retained earnings for the quarter that ended in Dec. 2000 was $3.53 Mil.

Southern Community Bancshares's quarterly retained earnings increased from Jun. 2000 ($3.39 Mil) to Sep. 2000 ($3.43 Mil) and increased from Sep. 2000 ($3.43 Mil) to Dec. 2000 ($3.53 Mil).

Southern Community Bancshares's annual retained earnings declined from Sep. 2097 ($6.45 Mil) to Sep. 2098 ($4.87 Mil) and declined from Sep. 2098 ($4.87 Mil) to Sep. 2099 ($3.16 Mil).


Southern Community Bancshares Retained Earnings Historical Data

The historical data trend for Southern Community Bancshares's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Southern Community Bancshares Retained Earnings Chart

Southern Community Bancshares Annual Data
Trend Sep96 Sep97 Sep98 Sep99
Retained Earnings
5.87 6.45 4.87 3.16

Southern Community Bancshares Quarterly Data
Sep96 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.23 3.30 3.39 3.43 3.53

Southern Community Bancshares Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Southern Community Bancshares  (OTCPK:SCBS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Southern Community Bancshares (Southern Community Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
420 2nd Avenue SW, Cullman, AL, USA, 35055
Southern Community Bancshares Inc is a United States-based holding company. It provides retail and commercial loans, deposits, and other financial services in its primary market area of Cullman, Alabama, and the surrounding areas.

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