Quarterly Result

PRIME CO-OPERATIVE BANK LTD.
Performance for the period ended June 2019
    Quarter ended   Year ended
  Audited Audited Unaudited Audited
  Jun-18 Mar-19 Jun-19 Mar-19
Interest on advances 1,405.34 1,545.08 1,702.44 5,935.90
Interest/Div. on investment 1,063.51 1,173.61 1,129.15 4,621.67
Commission & Exchange 31.35 51.20 43.68 135.53
Other Income 140.91 232.61 137.46 546.65
Profit on sale of security 7.15 (9.56) 34.65 31.48
Total Income 2,648.26 2,992.94 3,047.38 11,271.23
Interest on deposits 1,218.94 1,879.21 1,633.45 6,204.79
Interest on borrowing 0.22 1.64 0.75 7.46
Interest on others - (2.80) - -
Other expenses # 577.21 676.33 648.76 2,388.45
Service Tax 11.64 55.10 27.28 111.53
Total Expenses 1,808.01 2,609.48 2,310.24 8,712.23
Interest Spread 1,249.69 840.64 1,197.39 4,345.32
Profit before dep.& Provision 840.25 383.46 737.14 2,559.00
Provision - 124.50 - 125.00
Depriciation 0.04 190.46 0.01 190.54
Loss on sale of assets 0.03 0.06 0.18 0.15
Bad debt written off - 1.75 - 1.75
Capital expeses written off - (125.00) - (125.00)
Excess prov. written back - - - -
merged bank losses written off - - - -
Profit after dep.& Provision 840.18 191.69 736.95 2,366.56
Income Tax 90.00 315.86 150.00 776.53
Deferred Tax - 25.30   25.30
Net Profit 750.18 (149.47) 586.95 1,564.73
Deposits 108,739.82 115,694.01 119,302.08  
Advances 52,633.28 62,717.60 66,558.68  
Investment 63,082.43 57,077.36 58,574.50  
Gross NPA 650.99 694.28 720.15  
Gross NPA (%) 1.24% 1.11% 1.08%  
Net NPA - -    
CD Ratio 48.40% 54.21% 55.79%