Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Scaled Net Operating Assets : 0.11 (As of Mar. 2024)

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What is Farmers & Merchants Bank of Long Beach 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.

Farmers & Merchants Bank of Long Beach's operating assets for the quarter that ended in Mar. 2024 was $11,008.1 Mil. Farmers & Merchants Bank of Long Beach's operating liabilities for the quarter that ended in Mar. 2024 was $9,634.4 Mil. Farmers & Merchants Bank of Long Beach's Total Assets for the quarter that ended in Dec. 2023 was $12,035.9 Mil. Therefore, Farmers & Merchants Bank of Long Beach's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.11.

Farmers & Merchants Bank of Long Beach 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.

Farmers & Merchants Bank of Long Beach'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 )
=	(11412.385	-	9684.409)	/	12054.744
=	0.14

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	12035.854	-	623.469
=	11412.385

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	10684.409	-	1000	-	0
=	9684.409

Farmers & Merchants Bank of Long Beach's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(11008.085	-	9634.367)	/	12035.854
=	0.11

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	12191.083	-	1182.998
=	11008.085

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	10834.367	-	1200	-	0
=	9634.367

* 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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Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Business Description

Industry

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Address

302 Pine Avenue, Long Beach, CA, USA, 90802

Website

https://www.fmb.com

Farmers & Merchants Bank of Long Beach provides business banking products and services. It offers banking products and services, including accepting demand, money market, savings, and time deposits; originating loans, including commercial real estate loans, construction loans, and commercial business loans; and providing other business-oriented banking products and services. The Bank also provides financing for residential loans, including single-family and multifamily loans.