First Berlin Bancorp Inc.
First Berlin Bancorp Inc. operates as the banking holding company for Fortifi Bank that provides a range of banking products and services for businesses and consumers. It offers checking and savings accounts, and certificates of deposit, as well as personal loans, home loans, auto loans, and business credit and loans. The company also provides debit and credit cards, treasury management, online a… Read more
First Berlin Bancorp Inc. (FTFI) - Net Assets
Latest net assets as of June 2025: $79.68 Million USD
Based on the latest financial reports, First Berlin Bancorp Inc. (FTFI) has net assets worth $79.68 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($672.97 Million) and total liabilities ($593.29 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $79.68 Million |
| % of Total Assets | 11.84% |
| Annual Growth Rate | 4.56% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.78 |
First Berlin Bancorp Inc. - Net Assets Trend (2021–2023)
This chart illustrates how First Berlin Bancorp Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for First Berlin Bancorp Inc. (2021–2023)
The table below shows the annual net assets of First Berlin Bancorp Inc. from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $63.24 Million | +14.80% |
| 2022-12-31 | $55.09 Million | -4.77% |
| 2021-12-31 | $57.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Berlin Bancorp Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 26.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $62.48 Million | 98.80% |
| Other Components | $759.36K | 1.20% |
| Total Equity | $63.24 Million | 100.00% |
First Berlin Bancorp Inc. Competitors by Market Cap
The table below lists competitors of First Berlin Bancorp Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CLAS OHLSON -B-
BE:OHCB
|
$267.62K |
|
Chonbang Co. Ltd.
KQ:000950
|
$267.73K |
|
BANK HANDLOWY
MU:6HW
|
$267.91K |
|
Costas Inc
PINK:CSSI
|
$267.95K |
|
PetVivo Holdings Inc. Warrant
NASDAQ:PETVW
|
$267.43K |
|
Jaba I Inversiones Inmobiliarias Socimi SA
MC:YABA
|
$267.38K |
|
Xtacy Therapeutics Corp.
PINK:XTCYF
|
$267.38K |
|
Sensor Technologies Corp
PINK:MOOIF
|
$267.28K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Berlin Bancorp Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 55,086,034 to 63,237,383, a change of 8,151,349 (14.8%).
- Net income of 6,821,484 contributed positively to equity growth.
- Dividend payments of 554,512 reduced retained earnings.
- Other factors increased equity by 1,884,377.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.82 Million | +10.79% |
| Dividends Paid | $554.51K | -0.88% |
| Other Changes | $1.88 Million | +2.98% |
| Total Change | $- | 14.80% |
Book Value vs Market Value Analysis
This analysis compares First Berlin Bancorp Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.34x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $20.86 | $28.06 | x |
| 2022-12-31 | $19.87 | $28.06 | x |
| 2023-12-31 | $22.81 | $28.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Berlin Bancorp Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.79%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.96%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 10.10x
- Recent ROE (10.79%) is below the historical average (12.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 14.29% | 31.81% | 0.04x | 10.38x | $2.48 Million |
| 2022 | 13.13% | 28.68% | 0.04x | 10.78x | $1.73 Million |
| 2023 | 10.79% | 25.96% | 0.04x | 10.10x | $497.75K |
Industry Comparison
This section compares First Berlin Bancorp Inc.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Berlin Bancorp Inc. (FTFI) | $79.68 Million | 14.29% | 7.45x | $267.50K |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |