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TriState Capital Holdings (TriState Capital Holdings) Property, Plant and Equipment : $63.8 Mil (As of Mar. 2022)


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What is TriState Capital Holdings Property, Plant and Equipment?

TriState Capital Holdings's quarterly net PPE increased from Sep. 2021 ($51.4 Mil) to Dec. 2021 ($54.9 Mil) and increased from Dec. 2021 ($54.9 Mil) to Mar. 2022 ($63.8 Mil).

TriState Capital Holdings's annual net PPE increased from Dec. 2019 ($32.2 Mil) to Dec. 2020 ($33.7 Mil) and increased from Dec. 2020 ($33.7 Mil) to Dec. 2021 ($54.9 Mil).


TriState Capital Holdings Property, Plant and Equipment Historical Data

The historical data trend for TriState Capital Holdings's Property, Plant and Equipment 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.

TriState Capital Holdings Property, Plant and Equipment Chart

TriState Capital Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 5.13 32.16 33.66 54.95

TriState Capital Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Property, Plant and Equipment 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 34.54 37.81 51.40 54.95 63.83

TriState Capital Holdings Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


TriState Capital Holdings  (NAS:TSC) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


TriState Capital Holdings Property, Plant and Equipment Related Terms

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TriState Capital Holdings (TriState Capital Holdings) Business Description

Traded in Other Exchanges
N/A
Address
301 Grant Street, One Oxford Centre, Suite 2700, Pittsburgh, PA, USA, 15219
TriState Capital Holdings Inc provides various commercial and private banking services to middle-market businesses and high-net-worth individuals in the United States. The company operates in two segments, Bank and Investment Management. Its Investment Management segment provides advisory and sub-advisory investment management services primarily to institutional investors, mutual funds and individual investors. The company generates maximum revenue from the Bank segment.
Executives
Michael Robert Harris director C/O TRISTATE CAPITAL HOLDINGS ONE OXFORD CENTER, 27TH FL. PITTSBURGH PA 15219
Kim Ruth director C/O TRISTATE CAPITAL HOLDINGS, INC 301 GRANT STREET, SUITE 2700 PITTSBURGH PA 15219
Anthony J. Buzzelli director C/O TRISTATE CAPITAL HOLDINGS, INC, ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
David L Bonvenuto director C/O TRISTATE CAPITAL HOLDINGS, INC. 301 GRANT STREET, SUITE 2700 PITTSBURGH PA 15219
Audrey Dunning director 242 MEADOWBROOK DRIVE, CRANBERRY TOWNSHIP PA 16066
Timothy J Riddle officer: CEO, Chartwell Inv. Partners CHARTWELL INVESTMENT PARTNERS, L.P., 1235 WESTLAKES DR., SUITE 400, BERWYN PA 19312
David J Demas officer: Chief Financial Officer C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
Brian S Fetterolf director, officer: CEO, Director TSC C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
E.h. Dewhurst director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
James F Getz director, officer: Chairman, President and CEO C/O TRISTATE CAPITAL HOLDINGS, INC, ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
Christopher M Doody director 20 HORSENECK LANE, GREENWICH CT 06830
James J. Dolan director C/O TRISTATE CAPITAL HOLDINGS, INC., ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
James E. Minnick director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
Richard B. Seidel director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
Helen Hanna Casey director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219