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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Susan G who wrote (35815)4/22/1999 12:45:00 PM
From: Northern Cougar  Read Replies (3) of 120523
 
Susan NTBK has reported today, the EP calendar has them scheduled for next monday. N.C.

Thursday April 22, 9:33 am Eastern Time
Net.B@nk q1 dil shr gains

ATLANTA, April 22, April 22 (Reuters) -

Net.B@nk, Inc.
For Quarters Ended March 31, 1999 and 1998
(In thousands except per share data)
For the Quarter Ended
March 31,
1999 1998
Interest income $7,558 $2,207
Interest expense (4,560) (1,304)
Net interest income 2,998 903
Noninterest income 246 123
Noninterest expense (2,148) (1,173)
Provision for loan loss (50) (4)
Income (loss) before income taxes
1,046 (151)
Income tax benefit (355) --
Net Income (loss) $691 $(151)
Net Income (loss) per share - basic
$0.09 $(0.02)
- diluted
$0.09 $(0.02)
Weighted average shares
outstanding - basic
7,512 6,146
- diluted
7,808 6,146
Book value per share $16.72 $5.55
Shares outstanding end of period 8,598 6,146
Securities and investments $116,297 $56,608
Loans, net of allowance $359,740 $104,588
Total assets $526,463 $163,457
Deposits $332,678 $128,673
Shareholder equity (deficit) $143,748 $34,095






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