Farmers Capital’s basic and diluted net income per share was $2.03 for the current 12 months, a decrease of $0.82 or 28.8% and $0.81 or 28.5% as compared to $2.85 and $2.84, respectively, in 2006.
Income from continuing operations for the 12 months was $15.6 million, an increase of $2 million or 14.4% compared to $13.7 million for the comparable period of 2006. Basic and diluted income per share from continuing operations was $2.03 for the current 12 months, an increase of $0.21 or 11.5% compared to $1.82 in 2006.
For the three months ended December 31, 2007, net income was $1.9 million, a decrease of $7 million or 78.2% compared to $8.9 million for the same period in 2006. Basic and diluted net income per share was $0.26 for the current three months, a decline of $0.87 or 77% compared to $1.13 in the same three-month period a year ago.
The company has reported an income from continuing operations of $1.9 million, a decrease of $567 thousand or 22.5% compared to $2.5 million for the same period in 2006. Basic and diluted income per share from continuing operations was $0.26 for the current three months, a decline of $0.06 or 18.8% compared to $0.32 in the same three-month period in 2006.
