Press Releases

2004

2003   

  Revenues :

  Interest and other income

$ 65,441

$ 45,822   

  Equity in earnings of unconsolidated affiliate

519,511

953,371   

584,952

999,193   

  Expenses:

  General and administrative

203,493

120,843   

  Communication costs

4,785

3,670   

  Professional fees

18,798

23,020   

227,076

147,533   

  Income before income taxes

357,876

851,660   

  Income tax expense (benefit)

(17,244)

39,803   

  Net income

$ 375,120

$ 811,857   

  Per share net income:

  Basic

$ 0.43

$ 0.94   

  Diluted

$ 0.43

$ 0.94   

  Average shares outstanding:

  Basic

879,571

865,111   

  Diluted

880,928

865,111