First Bankers Trustshares Inc
First Bankers Trustshares, Inc. operates as the bank holding company for First Bankers Trust Company, N.A. that provides financial products and services to retail, institutional, and corporate customers. The company operates through Commercial Operating, Commercial Real Estate, Agricultural Operating, Agricultural Real Estate, Construction and Land Development, Real Estate Secured by 1-4 and Mult… Read more
First Bankers Trustshares Inc (FBTT) - Net Assets
Latest net assets as of June 2025: $114.29 Million USD
Based on the latest financial reports, First Bankers Trustshares Inc (FBTT) has net assets worth $114.29 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 ($1.22 Billion) and total liabilities ($1.11 Billion). 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 | $114.29 Million |
| % of Total Assets | 9.37% |
| Annual Growth Rate | -0.21% |
| 5-Year Change | -38.16% |
| 10-Year Change | -21.78% |
| Growth Volatility | 15.62 |
First Bankers Trustshares Inc - Net Assets Trend (2012–2024)
This chart illustrates how First Bankers Trustshares 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 Bankers Trustshares Inc (2012–2024)
The table below shows the annual net assets of First Bankers Trustshares Inc from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $67.45 Million | +8.62% |
| 2023-12-31 | $62.10 Million | +9.74% |
| 2022-12-31 | $56.59 Million | -46.53% |
| 2021-12-31 | $105.83 Million | -2.97% |
| 2020-12-31 | $109.08 Million | +12.08% |
| 2019-12-31 | $97.32 Million | +9.17% |
| 2018-12-31 | $89.15 Million | +3.34% |
| 2017-12-31 | $86.27 Million | +7.94% |
| 2016-12-31 | $79.92 Million | -7.33% |
| 2015-12-31 | $86.23 Million | +9.09% |
| 2014-12-31 | $79.05 Million | +12.98% |
| 2013-12-31 | $69.97 Million | +1.17% |
| 2012-12-31 | $69.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Bankers Trustshares 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 90.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $117.67 Million | 174.44% |
| Total Equity | $67.45 Million | 100.00% |
First Bankers Trustshares Inc Competitors by Market Cap
The table below lists competitors of First Bankers Trustshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Signature Alliance Group Berhad
KLSE:0360
|
$43.91 Million |
|
Kukje Pharma Co Ltd
KO:002720
|
$43.92 Million |
|
Panama Petrochem Limited
NSE:PANAMAPET
|
$43.92 Million |
|
Alicanto Minerals Ltd
AU:AQI
|
$43.93 Million |
|
FIRST TIN PLC LS-001
F:1SN
|
$43.89 Million |
|
SomnoMed Limited
PINK:SOMNF
|
$43.88 Million |
|
Tifico Fiber Indonesia Tbk
JK:TFCO
|
$43.87 Million |
|
PRL Global Ltd
AU:PRG
|
$43.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Bankers Trustshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 62,103,000 to 67,454,000, a change of 5,351,000 (8.6%).
- Net income of 4,182,000 contributed positively to equity growth.
- Dividend payments of 2,517,000 reduced retained earnings.
- Other factors increased equity by 3,686,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.18 Million | +6.2% |
| Dividends Paid | $2.52 Million | -3.73% |
| Other Changes | $3.69 Million | +5.46% |
| Total Change | $- | 8.62% |
Book Value vs Market Value Analysis
This analysis compares First Bankers Trustshares 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: 0.72x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $16.20 | x |
| 2016-12-31 | $0.00 | $16.20 | x |
| 2017-12-31 | $27.94 | $16.20 | x |
| 2018-12-31 | $28.87 | $16.20 | x |
| 2019-12-31 | $31.50 | $16.20 | x |
| 2020-12-31 | $35.25 | $16.20 | x |
| 2021-12-31 | $34.31 | $16.20 | x |
| 2022-12-31 | $18.35 | $16.20 | x |
| 2023-12-31 | $20.74 | $16.20 | x |
| 2024-12-31 | $22.52 | $16.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Bankers Trustshares 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): 6.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.13%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 17.48x
- Recent ROE (6.20%) is below the historical average (9.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 9.89% | 17.09% | 0.05x | 11.63x | $-76.00K |
| 2013 | 8.14% | 14.59% | 0.05x | 11.09x | $-1.30 Million |
| 2014 | 9.17% | 20.09% | 0.04x | 10.66x | $-660.00K |
| 2015 | 11.78% | 22.26% | 0.04x | 11.89x | $1.36 Million |
| 2016 | 11.44% | 21.28% | 0.05x | 11.65x | $1.15 Million |
| 2017 | 8.57% | 17.12% | 0.05x | 10.93x | $-1.23 Million |
| 2018 | 9.40% | 18.94% | 0.05x | 10.43x | $-532.60K |
| 2019 | 8.55% | 25.22% | 0.04x | 9.48x | $-1.41 Million |
| 2020 | 7.19% | 23.46% | 0.03x | 10.25x | $-3.06 Million |
| 2021 | 7.72% | 25.17% | 0.03x | 11.59x | $-2.41 Million |
| 2022 | 15.59% | 25.43% | 0.03x | 19.76x | $3.16 Million |
| 2023 | 8.71% | 17.40% | 0.03x | 18.50x | $-803.30K |
| 2024 | 6.20% | 13.13% | 0.03x | 17.48x | $-2.56 Million |
Industry Comparison
This section compares First Bankers Trustshares 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 Bankers Trustshares Inc (FBTT) | $114.29 Million | 9.89% | 9.67x | $43.90 Million |
| 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 |