Monarch Avalon Inc.This Baltimore-based company said its...

BY THE NUMBERS

August 08, 1992

Monarch Avalon Inc.

This Baltimore-based company said its earnings were sapped during the past fiscal year by a weak market for its game and printing businesses.

"The sales just weren't there," said Eric Dott, president of the company, which makes games such as Diplomacy, Gulf Strike and Advanced Squad Leader.

Earnings for the company's latest quarter, which ended April 30, dropped to $63,000 from last year's level of $315,000.

Monarch Avalon Inc.

* Three months ended 4/30/92

. ..... .........Revenue. . .......... Net. ............ Share

.......... 1,839,000. ......... 63,000........... 0.04

'91............ 1,796,000........... 315,000. ........ 0.17

% change............. +2.4...............-80.0...........-76.5

Year ended 4/30/92

................Revenue. ........... Net. .............. Share

'92........... 6,860,000.......... 81,000............. 0.05

'91 ...........7,430,000.......... 418,000............ 0.24

% change.............-7.7...............-80.6............-79.2

Bank Maryland Corp.

This Towson-based company, parent of the Bank of Maryland, lost $150,000 in the second quarter, down from $695,000 a year ago. The loss was nearly twice the $83,000 loss reported in the first quarter of 1992. First-quarter results were depressed by a $425,000 addition to reserves for possible loan losses, up

from a reserve of $175,000 in the second quarter.

The second-quarter loss also included a one-time expense of $65,000 for the planned closing of the company's Eastern Shore operations center.

Bank Maryland is operating under an informal agreement with state regulators and the Federal Deposit Insurance Corp. that requires the company to boost capital to 6 percent of assets by Sept. 30.

Three months ended 6/30/92

. ........... Income. ...................... Share

'92. ........(150,000)................. (0.07)

'91. ........(695,000)................ .(0.34)

% change. .......... --. ......................--

Annualized return on assets '92. ....... -0.08%

..... -0.34%

. . .......Addition to allowance. ....................... Net

. .........for loan losses........................ charge-offs

92.......175,000......................... ........373,000

91........560,000.................................389,000 % change.......-68.8. ................................. .-4.1

Six months ended 6/30/92

. . .............Income. ......................... Share

92.............(233,000). ................. ...(0.12)

91.............(860,000)..................... .(0.42)

% change. ............. --........................ ..--

Balances as of /30/92

. .... .............Assets.. .................. Deposits

92.............192,751,000.............. 174,258,000

91............203,346,000............... 183,563,000

% change...............-5.2 .......................-5.1

....................Loans.. ................. Allowance

...................outstanding.. ...... for loan losses

92...............126,198,000............ .4,245,000

91. .............150,033,000. ............3,969,000

% change. ...............-15.9...................+7.0

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