| Address:
|
P O BOX 1980
HIGHWAY 441 N |
| City: |
CORNELIA |
|
State: |
GA |
|
Zip Code: |
30531 |
| Telephone: |
404-572-6600 |
|
Description of Business
|
Primary SIC Code:
6022 |
| (As filed with the SEC)
|
|
|
Habersham Bancorp (the "Company"), a Georgia corporation, was organized on March
9, 1984. Effective December 31, 1984, the Company acquired all of the
outstanding shares of common stock of Habersham Bank ("Habersham Bank"). As a
result of this transaction, the former shareholders of Habersham Bank became
shareholders of the Company, and Habersham Bank became the wholly-owned
subsidiary of the Company. Habersham Bank has one subsidiary, Advantage
Insurers, Inc., a property, casualty and life insurance agency organized in
1997.
Effective June 30, 1995, the Company acquired Security Bancorp, Inc. and its
subsidiary bank, Security State Bank. The Company consolidated the charters of
Security State Bank and Habersham Bank in 1999. The Company acquired Liberty
Bank & Trust on July 25, 2005 and subsequently merged that bank with and into
Habersham Bank. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2009 | -- | NA | N/E | | 06/2009 | -- | NA | N/E | | 03/2009 | -- | NA | N/E | | 12/2008 | -- | NA | N/E | | 09/2008 | -- | NA | N/E | | 06/2008 | -- | NA | N/E | | 03/2008 | -- | NA | N/E | | 12/2007 | -- | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2008 |
Leverage |
2008 |
| Net Inc/Comm Equity | -0.91 | Total Liab/Total Assets | 0.92 | | Net Inc/Total Assets | -0.03 | Total Liab/Inv Cap | 1.03 | | Net Inc/Inv Cap | -0.03 | Total Liab/Comm Equity | 27.77 | | Pretax Inc/Net Sales | -0.75 | Interest Coverage Ratio | -8.05 | | Net Inc/Net Sales | -0.49 | Curr Debt/Equity | 1.31 | | Cash Flow/Net Sales | 0.03 | LTD/Equity | NA | | SG&A/NetSales | 0.59 | Total Debt/Equity | 1.31 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 8.09 | Quick Ratio | NA | | Inventory Turnover | NA | Current Ratio | NA | | Inventory Day Sales | NA | Net Rec/Curr Assets | NA | | Net Sales/Work Cap | NA | Inv/Curr Assets | NA | | Net Sales/PP&E | 0.65 | | |
Income Statement (Millions) |
| |
9/30/2009
|
6/30/2009
|
3/31/2009
|
12/31/2008
|
|
Total Revenues(Net Sales)
|
5.99
|
6.37
|
6.61
|
6.38
|
|
Cost of Goods Sold
|
2.57
|
2.70
|
2.73
|
2.83
|
|
Selling & Admin Exps
|
5.50
|
4.61
|
4.46
|
4.00
|
|
Operating Income
|
NA
|
-2.23
|
-2.37
|
-14.02
|
|
Interest Exp
|
0.42
|
0.46
|
0.49
|
0.55
|
|
Pretax Income
|
-9.90
|
-2.70
|
-2.85
|
-14.58
|
|
Other Income
|
NA
|
NA
|
NA
|
NA
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-5.97
|
-1.60
|
-1.66
|
-10.24
|
|
Assets
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
12/31/2008
|
|
Cash & Short Term Investments
|
120.52
|
41.45
|
23.82
|
14.26
|
|
Receivables - Total
|
2.01
|
4.39
|
4.72
|
4.73
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
NA
|
NA
|
NA
|
NA
|
|
Net Property, Plant & Equipment
|
51.89
|
53.83
|
51.53
|
46.82
|
|
Total Assets
|
488.79
|
518.22
|
512.45
|
494.87
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
2.62
|
3.18
|
3.09
|
2.81
|
|
Debt in Current Liabilities
|
46.53
|
15.99
|
50.26
|
55.14
|
|
Total Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Long-Term Debt
|
NA
|
38.00
|
NA
|
NA
|
|
Total Liabilities
|
454.37
|
478.89
|
471.79
|
452.87
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
3.96
|
3.96
|
2.98
|
2.98
|
|
Common Stock
|
2.82
|
2.82
|
2.82
|
2.82
|
|
Retained Earnings
|
13.14
|
19.17
|
20.82
|
22.52
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
34.42
|
39.34
|
40.66
|
42.00
|
|
Total Liabilities and Stockholders' Equity
|
488.79
|
518.22
|
512.45
|
494.87
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
12/31/2008
|
|
Net Cash Provided by Operating Activities
|
0.93
|
0.19
|
-2.12
|
-0.15
|
|
Net Cash Provided by Investing Activities
|
13.93
|
10.17
|
-7.32
|
-3.86
|
|
Net Cash Provided by Financing Activities
|
-23.72
|
7.27
|
19.00
|
3.23
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2004 | 25.17 | 2.34 | -- | | 12/2005 | 29.59 | 3.81 | -- | | 12/2006 | 38.13 | 5.29 | -- | | 12/2007 | 40.15 | 2.94 | -- | | 12/2008 | 30.26 | -14.85 | -- | | Growth Rates | 4.71 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 09/30/09 | 9 | 195 | 6.92 |
|
Report Date :
12/28/2009
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