Rs in Lakhs
|
|
|
Quarter ended 31.3.2010 (Audited) |
Quarter ended
31.03.2009 (Audited) |
Year ended 31.03.2010 (Audited) |
Year ended 31.03.2009 (Audited) |
|
1 |
Interest Earned (a+b+c+d) |
54415 |
51277 |
204342 |
194876 |
|
a) |
Interest/Discount
on advances/bills |
36766 |
35218 |
138898 |
139093 |
|
b) |
Income
on Investments |
15641 |
15427 |
63346 |
54519 |
|
c) |
Interest on balances with Reserve Bank of |
7 |
106 |
58 |
552 |
|
d) |
Others |
2001 |
526 |
2040 |
712 |
|
2 |
Other Income
|
6314 |
12903 |
31126 |
32179 |
|
3 |
TOTAL INCOME (1+2)
|
60729 |
64180 |
235468 |
227055 |
|
4 |
Interest expended
|
41364 |
41648 |
170779 |
144383 |
|
5 |
Operating expenses (i+ii)
|
10081 |
8582 |
38605 |
34651 |
|
i) |
Employees Cost
|
4742 |
3916 |
20680 |
19041 |
|
ii) |
Other operating expenses
|
5339 |
4666 |
17925 |
15610 |
|
6 |
TOTAL EXPENDITURE ((4+5) excluding provisions & Contingencies) |
51445 |
50230 |
209384 |
179034 |
|
7 |
Operating Profit before
provisions & contingencies (3-6)
|
9284 |
13950 |
26084 |
48021 |
|
8 |
Provisions (other than tax) and Contingencies
|
-1583 |
905 |
7108 |
8050 |
|
9 |
Exceptional Items
|
0 |
0 |
0 |
0 |
|
10 |
Profit (+)/Loss (-) from Ordinary Activities before tax (
|
10867 |
13045 |
18976 |
39971 |
|
11 |
Tax Expense
|
3457 |
4731 |
2264 |
13301 |
|
12 |
Net Profit (+)/Loss (-) from
Ordinary activities after Tax (10-11)
|
7410 |
8314 |
16712 |
26670 |
|
13 |
Extraordinary Items (net of tax
expense)
|
0 |
0 |
0 |
0 |
|
14 |
Net Profit (+)/Loss (-) for the
period (12-13)
|
7410 |
8314 |
16712 |
26670 |
|
15 |
Paid up
equity share capital
(Face
Value Rs 10/-) |
13399 |
12158 |
13399 |
12158 |
|
16 |
Reserves excluding revaluation
reserves (as per balance sheet of previous accounting year)
|
- |
- |
169876 |
144544 |
|
17 |
Analytical Ratios
|
|
|
|
|
|
i) |
Percentage of shares held by
Government of India
|
Nil |
Nil |
Nil |
Nil |
|
ii) |
Capital
Adequacy Ratio (%)
i) Basel –I ii) Basel - II |
11.85 12.37 |
13.54 13.48 |
11.85 12.37 |
13.54 13.48 |
|
iii) |
Earning per
share (EPS) (Rs)
a) Basic EPS b) Diluted EPS before Extraordinary items (net of Tax expense) b) ) Basic EPS Diluted EPS after Extraordinary
items (net of Tax expense) * Not Annualised |
5.99* 5.96* 5.99* 5.96* |
6.85* 6.85* 6.85* 6.85* |
13.50 13.45 13.50 13.45 |
21.96 21.96 21.96 21.96 |
|
iv) |
NPA Ratios as on date
a) Gross
NPA Net NPA b) % of
Gross NPA % of Net NPA c) Return
on Assets- * Not Annualised |
54964 18861 3.73 1.31 0.28* |
44320 11610 3.66 0.98 0.37* |
54964 18861 3.73 1.31 0.67 |
44320 11610 3.66 0.98 1.25 |
|
18 |
Public
Shareholding -No of
Shares -Percentage
of Share holding |
133976322 100% |
121574878 100% |
133976322 100% |
121574878 100% |
|
19 |
Promoters and Promoter group shareholding a) Pledged /encumbered -Number of shares - Percentage of shares(as a % of the total shareholding of
promoter and promoter group) -Percentage of shares (as a % of the total share capital
of the company. b) Non-encumbered -Number of shares - Percentage of shares(as a % of the total shareholding of
promoter and promoter group) -Percentage of shares (as a % of the total share capital
of the company. |
NA NA NA NA NA NA |
NA NA NA NA NA NA |
NA NA NA NA NA NA |
NA NA NA NA NA NA |
Notes: 1. The net profit
for the year ended 31-03-2010 is arrived at after making necessary provision
for taxes, NPAs, Standard Advances, Investments, Gratuity, Pension, etc.
2. The Board of
Directors have recommended a dividend of Rs 4/- per
share (40%) on the equity shares.
3. In respect of pension,
gratuity, leave encashment and other employee benefits provision has been made
in accordance with the Accounting Standard
(AS) 15 (Revised) issued by the Institute of Chartered accountants of India.
. Further, provision for wage arrears has been made on an estimated basis.
4. The Bank has
identified four business segments viz Treasury,
Corporate and wholesale banking, Retail Banking and Other Banking operations
and the Geographic Segments consist of the Domestic Segment only as the Bank
does not have any foreign branch. The segment results are annexed.
5. Status of the
shareholders complaints is as under:
|
Complaints pending
at the beginning of the quarter |
Complaints
received during the quarter |
Complaints
redressed during the quarter |
Complaints pending
at the end of the quarter |
|
NIL |
24 |
24 |
Nil |
6. Previous year’s
figures have been regrouped /rearranged wherever necessary to conform to the
current year’s classifications.
7. The Board of
Directors have taken the above financial results for
the year ended
By order of the Board
Place: Mangalore P Jayarama
Bhat
Date:
SUMMARY BALANCE SHEET AS ON
|
|
As on |
As on |
|
|
31.03.2010 |
31.03.2009 |
|
CAPITAL AND LIABILITIES |
|
|
|
Capital |
13399 |
12158 |
|
Reserves and Surplus |
169876 |
144545 |
|
Deposits |
2373065 |
2033329 |
|
Borrowings |
34164 |
397 |
|
Other Liabilities and
Provisions |
113012 |
95352 |
|
TOTAL |
2703516 |
2285781 |
|
ASSETS |
|
|
|
Cash and balances with
Reserve Bank of |
174310 |
136498 |
|
Balances with Banks
and Money at Call & Short Notice |
6245 |
9575 |
|
Investments |
999205 |
896149 |
|
Advances |
1443568 |
1181005 |
|
Fixed Assets |
14808 |
13849 |
|
Other Assets |
65380 |
48705 |
|
TOTAL |
2703516 |
2285781 |
|
Contingent Liabilities |
1011924 |
1004274 |
|
Bills for Collection |
103224 |
92893 |