1ST SUMMIT BANCORP of Johnstown Inc

PINK:FSMK USA Banks - Regional
Market Cap
$48.72 Million
Market Cap Rank
#22100 Global
#7848 in USA
Share Price
$23.00
Change (1 day)
-4.76%
52-Week Range
$23.00 - $24.50
All Time High
$929165.54
About

1ST SUMMIT BANCORP of Johnstown, Inc. operates as the bank holding company for 1ST SUMMIT BANK that provides various banking products and services. It offers Commercial construction and industrial loans; commercial and residential real estate loans; wealth management; debit and credit cards; safe deposit box; and life insurance products. The company was formerly known as SUMMIT Bancorp, Inc. and … Read more

1ST SUMMIT BANCORP of Johnstown Inc - Asset Resilience Ratio

Latest as of September 2024: -34.09%

1ST SUMMIT BANCORP of Johnstown Inc (FSMK) has an Asset Resilience Ratio of -34.09% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$-462.56 Million
Cash + Short-term Investments
Total Assets
$1.36 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2022)

This chart shows how 1ST SUMMIT BANCORP of Johnstown Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down 1ST SUMMIT BANCORP of Johnstown Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $-462.56 Million -34.09%
Total Liquid Assets $-462.56 Million -34.09%

Asset Resilience Insights

  • Limited Liquidity: 1ST SUMMIT BANCORP of Johnstown Inc maintains only -34.09% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

1ST SUMMIT BANCORP of Johnstown Inc Industry Peers by Asset Resilience Ratio

Compare 1ST SUMMIT BANCORP of Johnstown Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Ping An Bank Co Ltd
SHE:000001
Banks - Regional -6.06%
Bank of Ningbo Co Ltd
SHE:002142
Banks - Regional 6.40%
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
Banks - Regional -13.48%
Bank of Suzhou
SHE:002966
Banks - Regional -8.31%
Jeju Bank
KO:006220
Banks - Regional 2.45%
Industrial Bank Of Korea
KO:024110
Banks - Regional 4.07%
Hana Financial
KO:086790
Banks - Regional 3.29%
PT Bank Sinarmas Tbk
F:08S
Banks - Regional 3.70%

Annual Asset Resilience Ratio for 1ST SUMMIT BANCORP of Johnstown Inc (2019–2022)

The table below shows the annual Asset Resilience Ratio data for 1ST SUMMIT BANCORP of Johnstown Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 22.07% $300.48 Million $1.36 Billion -3.31pp
2021-12-31 25.38% $336.05 Million $1.32 Billion +0.19pp
2020-12-31 25.19% $316.70 Million $1.26 Billion +0.19pp
2019-12-31 24.99% $280.09 Million $1.12 Billion --
pp = percentage points