United Tennessee Bankshares Inc
United Tennessee Bankshares, Inc. operates as the holding company for Newport Federal Bank that provides various financial services to individuals and corporate customers. The company accepts interest-bearing checking, savings, NOW, value checking, priority club checking, passbook savings, money market, and individual retirement accounts, as well as certificates of deposit. It offers one-to-four … Read more
United Tennessee Bankshares Inc (UNTN) - Net Assets
Latest net assets as of June 2025: $20.64 Million USD
Based on the latest financial reports, United Tennessee Bankshares Inc (UNTN) has net assets worth $20.64 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 ($275.16 Million) and total liabilities ($254.52 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 | $20.64 Million |
| % of Total Assets | 7.5% |
| Annual Growth Rate | 1.51% |
| 5-Year Change | -29.21% |
| 10-Year Change | -7.17% |
| Growth Volatility | 12.95 |
United Tennessee Bankshares Inc - Net Assets Trend (2000–2024)
This chart illustrates how United Tennessee Bankshares 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 United Tennessee Bankshares Inc (2000–2024)
The table below shows the annual net assets of United Tennessee Bankshares Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $19.10 Million | +2.04% |
| 2023-12-31 | $18.72 Million | +25.07% |
| 2022-12-31 | $14.96 Million | -36.25% |
| 2021-12-31 | $23.47 Million | -12.99% |
| 2020-12-31 | $26.98 Million | +6.13% |
| 2019-12-31 | $25.42 Million | +10.66% |
| 2018-12-31 | $22.97 Million | +3.32% |
| 2017-12-31 | $22.23 Million | +5.43% |
| 2016-12-31 | $21.08 Million | +2.49% |
| 2015-12-31 | $20.57 Million | +6.10% |
| 2014-12-31 | $19.39 Million | +5.28% |
| 2004-12-31 | $18.42 Million | +9.03% |
| 2003-12-31 | $16.89 Million | +6.08% |
| 2002-12-31 | $15.92 Million | +12.40% |
| 2001-12-31 | $14.17 Million | +6.29% |
| 2000-12-31 | $13.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to United Tennessee Bankshares 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 695.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $26.36 Million | 138.01% |
| Total Equity | $19.10 Million | 100.00% |
United Tennessee Bankshares Inc Competitors by Market Cap
The table below lists competitors of United Tennessee Bankshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KRISHIVAL
NSE:KRISHIVAL
|
$14.19 Million |
|
Re:NewCell AB (publ)
ST:RENEW
|
$14.20 Million |
|
L-Konzept Holding AG
F:LKB
|
$14.20 Million |
|
Elica S.p.A
F:7L4
|
$14.20 Million |
|
Winner Group Enterprise Public Company Limited
BK:WINNER
|
$14.19 Million |
|
Caldwell Partners International Inc
TO:CWL
|
$14.18 Million |
|
Asuransi Multi Artha Guna Tbk PT
JK:AMAG
|
$14.18 Million |
|
Lulu's Fashion Lounge Holdings Inc
NASDAQ:LVLU
|
$14.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in United Tennessee Bankshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,715,965 to 19,097,101, a change of 381,136 (2.0%).
- Net income of 1,225,444 contributed positively to equity growth.
- Dividend payments of 458,820 reduced retained earnings.
- Share repurchases of 253,477 reduced equity.
- New share issuances of 54,040 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.23 Million | +6.42% |
| Dividends Paid | $458.82K | -2.4% |
| Share Repurchases | $253.48K | -1.33% |
| Share Issuances | $54.04K | +0.28% |
| Other Changes | $-186.05K | -0.97% |
| Total Change | $- | 2.04% |
Book Value vs Market Value Analysis
This analysis compares United Tennessee Bankshares 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: 0.66x
- 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 |
|---|---|---|---|
| 2017-12-31 | $26.21 | $17.00 | x |
| 2018-12-31 | $27.04 | $17.00 | x |
| 2019-12-31 | $29.84 | $17.00 | x |
| 2020-12-31 | $31.91 | $17.00 | x |
| 2021-12-31 | $31.45 | $17.00 | x |
| 2022-12-31 | $19.92 | $17.00 | x |
| 2023-12-31 | $24.90 | $17.00 | x |
| 2024-12-31 | $25.80 | $17.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently United Tennessee Bankshares 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): 6.42%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.31%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 14.18x
- Recent ROE (6.42%) is below the historical average (8.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.02% | 10.65% | 0.08x | 7.39x | $-531.00K |
| 2001 | 7.84% | 14.26% | 0.08x | 7.12x | $-305.80K |
| 2002 | 11.06% | 32.78% | 0.05x | 7.02x | $169.31K |
| 2003 | 9.89% | 29.49% | 0.05x | 6.92x | $-19.40K |
| 2004 | 8.91% | 29.12% | 0.05x | 6.66x | $-200.82K |
| 2005 | 8.66% | 27.84% | 0.00x | 0.00x | $-244.20K |
| 2014 | 7.68% | 20.13% | 0.04x | 9.84x | $-449.03K |
| 2015 | 8.10% | 23.21% | 0.04x | 9.57x | $-391.90K |
| 2016 | 7.09% | 24.18% | 0.03x | 9.49x | $-613.29K |
| 2017 | 5.55% | 19.24% | 0.03x | 9.12x | $-989.52K |
| 2018 | 8.01% | 28.25% | 0.03x | 8.97x | $-457.96K |
| 2019 | 5.91% | 24.59% | 0.03x | 8.33x | $-1.04 Million |
| 2020 | 4.40% | 20.33% | 0.02x | 8.91x | $-1.51 Million |
| 2021 | 6.48% | 25.15% | 0.02x | 11.01x | $-827.17K |
| 2022 | 14.09% | 29.79% | 0.03x | 16.78x | $611.55K |
| 2023 | 10.06% | 26.63% | 0.03x | 14.04x | $11.94K |
| 2024 | 6.42% | 19.31% | 0.02x | 14.18x | $-684.27K |
Industry Comparison
This section compares United Tennessee Bankshares Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $22,823,266,317
- Average return on equity (ROE) among peers: 14.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| United Tennessee Bankshares Inc (UNTN) | $20.64 Million | 6.02% | 12.33x | $14.19 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.91 Billion |
| ACNB Corporation (ACNB) | $106.80 Million | 8.72% | 8.79x | $452.68 Million |
| Addiko Bank AG (ADBKF) | $6.08 Billion | 0.58% | 0.00x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $80.78 Million | 3.82% | 9.53x | $79.98 Million |
| Absa Group Limited (AGRPF) | $56.49 Billion | 12.11% | 11.71x | $6.72 Billion |
| AIB Group plc (AIBGY) | $2.74 Billion | 18.02% | 16.84x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $153.61 Billion | 39.08% | 6.47x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $8.37 Billion | 34.92% | 7.81x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $235.94 Million | 14.17% | 11.96x | $248.47 Million |