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Pioneer Bankshares (Pioneer Bankshares) Scaled Net Operating Assets : 0.09 (As of Mar. 2012)


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What is Pioneer Bankshares 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.

Pioneer Bankshares's operating assets for the quarter that ended in Mar. 2012 was $158.33 Mil. Pioneer Bankshares's operating liabilities for the quarter that ended in Mar. 2012 was $142.50 Mil. Pioneer Bankshares's Total Assets for the quarter that ended in Dec. 2011 was $167.25 Mil. Therefore, Pioneer Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2012 was 0.09.


Pioneer Bankshares 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.

Pioneer Bankshares's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2011 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2011 )
=(Operating Assets (A: Dec. 2011 )-Operating Liabilities (A: Dec. 2011 ))/Total Assets (A: Dec. 2010 )
=(157.099-136.184)/168.158
=0.12

where

Operating Assets(A: Dec. 2011 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=167.247 - 10.148
=157.099

Operating Liabilities(A: Dec. 2011 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=146.684 - 10.5 - 0
=136.184

Pioneer Bankshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2012 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2012 )
=(Operating Assets (Q: Mar. 2012 )-Operating Liabilities (Q: Mar. 2012 ))/Total Assets (Q: Dec. 2011 )
=(158.328-142.502)/167.247
=0.09

where

Operating Assets(Q: Mar. 2012 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=172.504 - 14.176
=158.328

Operating Liabilities(Q: Mar. 2012 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=151.502 - 9 - 0
=142.502

* 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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Pioneer Bankshares (Pioneer Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
252 East Main Street, PO Box 10, Stanley, VA, USA, 22851
Pioneer Bankshares Inc is a bank holding company which offers a range of banking and related financial services focus on serving individual consumers, small to medium size commercial businesses, and the professional community.