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March 2, 2006
Consolidated Balance Sheets
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December 31, 2005
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December 31, 2004
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ASSETS
|
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Medallion loans
Commercial loans
Consumer loans
Equity investments
Investment securities
|
$449,672,510
145,796,651
85,678,412
24,012,508
18,092,838
|
$392,131,108
136,834,891
66,330,748
33,645,424
14,598,837
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|
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Net investments
|
723,252,919
|
643,541,008
|
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Cash
Accrued interest receivable
Servicing fee receivable
Fixed assets, net
Goodwill, net
Other assets
|
43,035,506
3,580,460
-
614,858
5,007,583
17,481,876
|
37,267,122
3,062,608
2,312,040
991,901
5,007,583
17,727,362
|
|
|
Total assets |
$792,973,202 |
$709,909,624 |
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LIABILITIES AND SHAREHOLDERS' EQUITY
|
|
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Accounts payable and accrued expenses
Accrued interest payable
Floating rate borrowings
Fixed rate borrowings
|
$4,837,461
1,759,737
323,664,951
296,357,214
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$11,756,337
1,758,956
274,959,911
250,973,035
|
|
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Total liabilities |
626,619,363 |
539,448,239 |
|
|
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Total shareholders' equity
|
166,353,839
|
170,461,385
|
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Total liabilities and shareholders' equity
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$792,973,202
|
$709,909,624
|
|
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Number of common shares outstanding
Net asset value per share
|
17,173,297
$9.69
|
17,344,999
$9.83
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- Back to Press Release
- Consolidated Income Statements
- Selected Financial Trends
Medallion Financial Corp. is a specialty finance company with a leading position in the origination and servicing of loans financing the purchase of taxicab medallions and related assets. The Company also originates and services commercial and consumer loans in targeted niche industries. The Company and its subsidiaries have lent over $2 billion to its taxicab, commercial, and consumer customers.
Please note that this press release contains forward-looking statements that involve risks and uncertainties relating to business performance, cash flow, costs, sales, net investment income, earnings, and growth. Medallion's actual results may differ significantly from the results discussed in such forward-looking statements. Factors that might cause such a difference include, but are not limited to, those factors discussed under the heading "Investment Considerations," in Medallion's 2004 Annual Report on Form 10-K.
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