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Pinnacle Bankshares (Pinnacle Bankshares) Scaled Net Operating Assets : -0.19 (As of Mar. 2024)


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What is Pinnacle 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.

Pinnacle Bankshares's operating assets for the quarter that ended in Mar. 2024 was $731.06 Mil. Pinnacle Bankshares's operating liabilities for the quarter that ended in Mar. 2024 was $919.45 Mil. Pinnacle Bankshares's Total Assets for the quarter that ended in Dec. 2023 was $1,016.53 Mil. Therefore, Pinnacle Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.19.

Pinnacle 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.

Pinnacle Bankshares'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 )
=(928.689-938.123)/969.931
=-0.01

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1016.528 - 87.839
=928.689

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=948.123 - 10 - 0
=938.123

Pinnacle Bankshares'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 )
=(731.058-919.448)/1016.528
=-0.19

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1000.006 - 268.948
=731.058

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=929.448 - 10 - 0
=919.448

* 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.

Pinnacle Bankshares Scaled Net Operating Assets Related Terms

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Pinnacle Bankshares (Pinnacle Bankshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pinnacle Bankshares Corp (OTCPK:PPBN) » Definitions » Scaled Net Operating Assets
Comparable Companies
NWPP CTUY SLBK MNMB IBTN FFBW BSFO FBSI FISB TCBC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP MIC:SBER SGX:D05 ISX:BBCA MIL:ISP
Traded in Other Exchanges
N/A
Address
622 Broad Street, Post Office Box 29, Altavista, VA, USA, 24517
Website
http://www.1stnatbk.com
Pinnacle Bankshares Corp is a bank holding company. It offers commercial and retail banking products and services including checking, savings and time deposits, individual retirement accounts, merchant bankcard processing, residential and commercial mortgages, loans, commercial lines of credit and letters of credit. The company also offers investment, insurance, and annuity products.
Executives
Judson H Dalton director C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
C Bryan Stott director C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
Hall Aubrey H Iii officer: Executive Vice President C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
A Patricia Merryman director C/O PINNACLE BANKSHARES CORPORATION, 622 BROAD STREET, ALTAVISTA VA 24517
John L Waller director
Thomas F Hall director PO BOX 1256, AMHERST VA 24521
Bryan M Lemley officer: Chief Financial Officer 325 SMOKETREE LN, LYNCHBURG VA 24502
Carroll Shelton director, officer: Senior Vice President
John P Erb director
A Willard Arthur director
William F Overacre director
Gilliam Robert H Jr director, officer: President and CEO
Michael E Watson director
Burton James E Iv director 1314 LEE JACKSON HWY, LYNCHBURG VA 24503