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Potomac Bancshares (Potomac Bancshares) Total Assets : $475.50 Mil (As of Sep. 2018)


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What is Potomac Bancshares Total Assets?

Potomac Bancshares's Total Assets for the quarter that ended in Sep. 2018 was $475.50 Mil.

Total Assets is connected with ROA %. Potomac Bancshares's annualized ROA % for the quarter that ended in Sep. 2018 was 0.72%. Total Assets is also linked to Revenue through Asset Turnover. Potomac Bancshares's Asset Turnover for the quarter that ended in Sep. 2018 was 0.01.


Potomac Bancshares Total Assets Historical Data

The historical data trend for Potomac Bancshares'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.

Potomac Bancshares Total Assets Chart

Potomac Bancshares Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 298.22 300.38 304.28 297.61 287.39

Potomac Bancshares Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Mar14 Jun14 Sep14 Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Mar17 Jun17 Sep17 Mar18 Jun18 Sep18
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 411.13 422.20 432.18 427.03 475.50

Potomac Bancshares 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.

Potomac Bancshares's Total Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Assets=Total Equity (A: Dec. 2011 )+Total Liabilities (A: Dec. 2011 )
=25.465+261.928
=287.39

Potomac Bancshares's Total Assets for the quarter that ended in Sep. 2018 is calculated as

Total Assets=Total Equity (Q: Sep. 2018 )+Total Liabilities (Q: Sep. 2018 )
=48.684+426.815
=475.50

* 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.


Potomac Bancshares  (OTCPK:PTBS) Total Assets Explanation

Total Assets is connected with ROA %.

Potomac Bancshares's annualized ROA % for the quarter that ended in Sep. 2018 is

ROA %=Net Income (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=3.268/( (427.031+475.499)/ 2 )
=3.268/451.265
=0.72 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) 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.

Potomac Bancshares's Asset Turnover for the quarter that ended in Sep. 2018 is

Asset Turnover
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=3.739/( (427.031+475.499)/ 2 )
=3.739/451.265
=0.01

* 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.

Potomac Bancshares Total Assets Related Terms

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Potomac Bancshares (Potomac Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
111 East Washington Street, P.O. Box 906, Charles Town, WV, USA, 25414-0906
Potomac Bancshares Inc is a bank holding company. The bank engages in the general banking business and provides individuals, businesses, and local governments with a range of banking services. The services provided by the bank include commercial credit lines, equipment loans, and construction financing; real estate loans, secondary market, and adjustable-rate mortgages; retail loan products including home equity lines of credit; checking and savings accounts for businesses and individuals; and certificates of deposit and individual retirement accounts.