IMPERIAL CREDIT (Nasdaq:ICMI) | Stock Discussion Forums

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech
IMPERIAL CREDIT (Nasdaq:ICMI)

An SI Board Since July 1998

Posts	SubjectMarks	Bans
4	0	0

Emcee: Milk	Type: Unmoderated

Introduction Compact

Imperial Credit Commercial Mortgage Investment Corp.

During the second quarter of 1998 the Company reported the following highlights:

- Return on Assets (ROA) for the quarter ended June 30, 1998 increased to 2.82% from 2.57% for the quarter ended June 30, 1997.

- Net interest income increased 27% to $30.0 million as compared to $23.7 million for the same period last year.

- Investment banking fees from the Company's Imperial Capital Group, LLC subsidiary were $6.4 million.

- Loan servicing fees increased to $4.1 million at June 30, 1998, as compared to $2.2 million for the same period last year.

- Asset management fees increased to $1.6 million at June 30, 1998, compared to $1.2 million for the same period last year.

- Net expenses related to OREO decreased to $288,000 as compared to $3.5 million for the same period last year.

- Total assets, loans and deposits increased to $2.4 billion, $1.8 billion and $1.5 billion, compared to $2.1 billion, $1.4 billion and $1.2 billion at December 31, 1997.

- Shareholders' equity increased to $343.4 million at June 30, 1998 from $323.9 million at December 31, 1997.

- Book value and tangible book value per common share at June 30, 1998 increased to $8.89 and $8.33 per share as compared to $6.82 and $6.11 per share at June 30, 1997.

Looks like a good buying opportunity at 10 7/8.

chart: quote.yahoo.com
news: biz.yahoo.com
insider trades: biz.yahoo.com

Any shareholders?

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
4	ICMI as a pick? "Martin Whitman of Third Avenue Value Fund picked Imperia	Andrew Bailey	-	2/9/1999
3	I do. I had never heard of this company but a friend of mine who manages a sm	PsycProf	-	11/21/1998
2	Ask of 9 13/16! An even better buy. This stock has been a dog for me since I	Terry Jackson	-	8/14/1998
1	Insider trades (all buys!): biz.yahoo.com <eom>	Milk	-	7/31/1998

Go to reply# or date (mm/dd/yy):