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Trinity Bank NA (Trinity Bank NA) Intangible Assets : $0.00 Mil (As of Mar. 2024)


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What is Trinity Bank NA Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Trinity Bank NA's intangible assets for the quarter that ended in Mar. 2024 was $0.00 Mil.


Trinity Bank NA Intangible Assets Historical Data

The historical data trend for Trinity Bank NA's Intangible Assets 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.

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Trinity Bank NA Intangible Assets Chart

Trinity Bank NA Annual Data
Trend Dec04 Dec05 Dec06 Dec19 Dec20 Dec21 Dec22 Dec23
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Trinity Bank NA Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Mar08 Jun08 Mar09 Jun09 Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Trinity Bank NA Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Trinity Bank NA  (OTCPK:TYBT) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Trinity Bank NA Intangible Assets Related Terms

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Trinity Bank NA (Trinity Bank NA) Business Description

Traded in Other Exchanges
N/A
Address
3500 W. Vickery Boulevard, Fort Worth, TX, USA, 76107
Trinity Bank NA is engaged in the banking sector. The bank offers various services such as loan products, cash management, merchant services, internet banking, certificate of deposits, deposits accounts, and other related services.