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Harbor Bankshares (Harbor Bankshares) Total Assets : $256.79 Mil (As of Sep. 2006)


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What is Harbor Bankshares Total Assets?

Harbor Bankshares's Total Assets for the quarter that ended in Sep. 2006 was $256.79 Mil.

Total Assets is connected with ROA %. Harbor Bankshares's annualized ROA % for the quarter that ended in Sep. 2006 was 0.67%. Total Assets is also linked to Revenue through Asset Turnover. Harbor Bankshares's Asset Turnover for the quarter that ended in Sep. 2006 was 0.00.


Harbor Bankshares Total Assets Historical Data

The historical data trend for Harbor Bankshares's Total Assets 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.

Harbor Bankshares Total Assets Chart

Harbor Bankshares Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.59 210.23 219.55 235.46 256.64

Harbor Bankshares Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
Total Assets 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 246.88 256.64 250.96 258.17 256.79

Harbor Bankshares Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Harbor Bankshares's Total Assets for the fiscal year that ended in Dec. 2005 is calculated as

Total Assets=Total Equity (A: Dec. 2005 )+Total Liabilities (A: Dec. 2005 )
=16.954+239.683
=256.64

Harbor Bankshares's Total Assets for the quarter that ended in Sep. 2006 is calculated as

Total Assets=Total Equity (Q: Sep. 2006 )+Total Liabilities (Q: Sep. 2006 )
=17.849+238.936
=256.79

* 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.


Harbor Bankshares  (OTCPK:HRBK) Total Assets Explanation

Total Assets is connected with ROA %.

Harbor Bankshares's annualized ROA % for the quarter that ended in Sep. 2006 is

ROA %=Net Income (Q: Sep. 2006 )/( (Total Assets (Q: Jun. 2006 )+Total Assets (Q: Sep. 2006 ))/ count )
=1.716/( (258.174+256.785)/ 2 )
=1.716/257.4795
=0.67 %

Note: The Net Income data used here is four times the quarterly (Sep. 2006) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Harbor Bankshares's Asset Turnover for the quarter that ended in Sep. 2006 is

Asset Turnover
=Revenue (Q: Sep. 2006 )/( (Total Assets (Q: Jun. 2006 )+Total Assets (Q: Sep. 2006 ))/ count )
=0.993/( (258.174+256.785)/ 2 )
=0.993/257.4795
=0.00

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Harbor Bankshares Total Assets Related Terms

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Harbor Bankshares (Harbor Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
25 West Fayette Street, Baltimore, MD, USA, 21201
Harbor Bankshares Corp is the holding company for The Harbor Bank of Maryland. The Bank conducts general banking business in locations and primarily serves the Baltimore, Maryland, metropolitan area. It offers checking, savings, and time deposits, commercial real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides various loans including commercial and residential mortgage loans, construction loans, working capital loans, and lines of credit. Its portfolio consists of investments in the U.S. government and corporate debt obligations.
Executives
Louis J Grasmick director GRASMICK LUMBER, 6715 QUAD AVENUE, BALTIMORE MD 21237

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