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Farmers Bank of Appomattox (Farmers Bank of Appomattox) Equity-to-Asset : 0.10 (As of Dec. 2023)


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What is Farmers Bank of Appomattox Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Farmers Bank of Appomattox's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $32.63 Mil. Farmers Bank of Appomattox's Total Assets for the quarter that ended in Dec. 2023 was $345.11 Mil. Therefore, Farmers Bank of Appomattox's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.

The historical rank and industry rank for Farmers Bank of Appomattox's Equity-to-Asset or its related term are showing as below:

FBPA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.13   Max: 0.14
Current: 0.1

During the past 11 years, the highest Equity to Asset Ratio of Farmers Bank of Appomattox was 0.14. The lowest was 0.09. And the median was 0.13.

FBPA's Equity-to-Asset is ranked better than
59.4% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs FBPA: 0.10

Farmers Bank of Appomattox Equity-to-Asset Historical Data

The historical data trend for Farmers Bank of Appomattox's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Farmers Bank of Appomattox Equity-to-Asset Chart

Farmers Bank of Appomattox Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.12 0.09 0.10

Farmers Bank of Appomattox Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.09 0.09 0.09 0.10

Competitive Comparison of Farmers Bank of Appomattox's Equity-to-Asset

For the Banks - Regional subindustry, Farmers Bank of Appomattox's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Farmers Bank of Appomattox's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Farmers Bank of Appomattox's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Farmers Bank of Appomattox's Equity-to-Asset falls into.



Farmers Bank of Appomattox Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Farmers Bank of Appomattox's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=32.634/345.11
=0.09

Farmers Bank of Appomattox's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=32.634/345.11
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Farmers Bank of Appomattox  (OTCPK:FBPA) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Farmers Bank of Appomattox Equity-to-Asset Related Terms

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Farmers Bank of Appomattox (Farmers Bank of Appomattox) Business Description

Traded in Other Exchanges
N/A
Address
223 Main Street, Appomattox, VA, USA, 24522
Farmers Bank of Appomattox provides banking services. It is engaged in personal and business banking services including checking & savings, certificate of deposit, loans/mortgages, commercial checking, and commercial loans.

Farmers Bank of Appomattox (Farmers Bank of Appomattox) Headlines

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