Foresight Financial Group (Foresight Financial Group) Scaled Net Operating Assets : 0.01 (As of Dec. 2023)

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What is Foresight Financial Group Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Foresight Financial Group's operating assets for the quarter that ended in Dec. 2023 was $1,161.60 Mil. Foresight Financial Group's operating liabilities for the quarter that ended in Dec. 2023 was $1,151.71 Mil. Foresight Financial Group's Total Assets for the quarter that ended in Dec. 2022 was $1,477.46 Mil. Therefore, Foresight Financial Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.01.

Foresight Financial Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Foresight Financial Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(1527.221	-	1151.706)	/	1477.46
=	0.25

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1574.728	-	47.507
=	1527.221

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1433.865	-	282.159	-	0
=	1151.706

Foresight Financial Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Dec. 2022 )
=	(1161.603	-	1151.706)	/	1477.46
=	0.01

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1574.728	-	413.125
=	1161.603

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1433.865	-	282.159	-	0
=	1151.706

* 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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Foresight Financial Group (Foresight Financial Group) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

809 Cannell-Puri Court, P.O. Box 339, Suite 5, Winnebago, IL, USA, 61088

Website

https://www.foresightfg.com

Foresight Financial Group is a bank holding company. It is established under the Federal Reserve with offices in the Northern Illinois counties of Winnebago, Stephenson, and Kankakee. Holdings of the company include German American State Bank located in German Valley, Pecatonica, Seward, and Winnebago; State Bank of Davis located in Davis and Kankakee; State Bank located in Freeport; Lena State Bank located in Lena; Northwest Bank located in Rockford, Loves Park, and Machesney Park; and State Bank of Herscher located in Herscher and Kankakee.