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Unaudited Quarterly Information (Tables)
12 Months Ended
Jun. 30, 2013
Summary of Unaudited Quarterly Information

The table below summarizes unaudited quarterly information for each of the three month periods in fiscal 2013 and fiscal 2012:

 

     Three months ended  
     September 30,
2012
    December 31,
2012
    March 31,
2013
    June 30,
2013
 
     (dollars in thousands, except per share data)  

Total revenues

   $ 12,671      $ 11,213      $ 12,792      $ 7,770   

Non-interest expenses

     26,208        23,402        21,626        22,759   

Other income

            281        421        946   

Income tax expense

     395        375        376        1,150   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss

   $ (13,932   $ (12,283   $ (8,789   $ (15,193
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss per basic and diluted common share:

        

Basic

   $ (0.14   $ (0.12   $ (0.08   $ (0.14

Diluted

   $ (0.14   $ (0.12   $ (0.08   $ (0.14

 

     Three months ended  
     September 30,
2011
    December 31,
2011
    March 31,
2012
    June 30,
2012
 
     (dollars in thousands, except per share data)  

Total revenues

   $ 11,103      $ 6,682      $ 13,718      $ 8,903   

Non-interest expenses

     30,681        23,720        25,123        23,629   

Gain from deconsolidation of trusts

            358        9,156          

Proceeds from TERI settlements

     1,124        281               280   

Income tax expense (benefit)

     339        (12,631     (5,197     (466
  

 

 

   

 

 

   

 

 

   

 

 

 

(Loss) income from continuing operations

     (18,793     (3,768     2,948        (13,980

Discontinued operations, net of taxes

     (69,165     1,198,036        6,910        40   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net (loss) income

   $ (87,958   $ 1,194,268      $ 9,858      $ (13,940
  

 

 

   

 

 

   

 

 

   

 

 

 

Net (loss) income per basic common share:

        

From continuing operations

   $ (0.19   $ (0.03   $ 0.03      $ (0.14

From discontinued operations

     (0.68     10.85        0.06          
  

 

 

   

 

 

   

 

 

   

 

 

 

Total basic net (loss) income per common share

   $ (0.87   $ 10.82      $ 0.09      $ (0.14
  

 

 

   

 

 

   

 

 

   

 

 

 

Net (loss) income per diluted common share:

        

From continuing operations

   $ (0.19   $ (0.03   $ 0.03      $ (0.14

From discontinued operations

     (0.68     10.85        0.06          
  

 

 

   

 

 

   

 

 

   

 

 

 

Total diluted net (loss) income per common share

   $ (0.87   $ 10.82      $ 0.09      $ (0.14