Bank of Idaho Holding Company
Bank of Idaho Holding Company operates as the holding company for Bank of Idaho that provides personal and business banking products and services in Idaho. The company offers checking and savings, and money market accounts, as well as individual retirement accounts, certificate of deposit, and various accounts and deposits; and auto, home, recreational vehicle, personal, agriculture, small busine… Read more
Bank of Idaho Holding Company (BOID) - Net Assets
Latest net assets as of September 2024: $128.69 Million USD
Based on the latest financial reports, Bank of Idaho Holding Company (BOID) has net assets worth $128.69 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.29 Billion) and total liabilities ($1.16 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 | $128.69 Million |
| % of Total Assets | 9.95% |
| Annual Growth Rate | 27.91% |
| 5-Year Change | 128.2% |
| 10-Year Change | N/A |
| Growth Volatility | 26.97 |
Bank of Idaho Holding Company - Net Assets Trend (2018–2023)
This chart illustrates how Bank of Idaho Holding Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bank of Idaho Holding Company (2018–2023)
The table below shows the annual net assets of Bank of Idaho Holding Company from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $115.69 Million | +8.41% |
| 2022-12-31 | $106.72 Million | +74.19% |
| 2021-12-31 | $61.27 Million | +7.09% |
| 2020-12-31 | $57.21 Million | +12.85% |
| 2019-12-31 | $50.70 Million | +50.04% |
| 2018-12-31 | $33.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bank of Idaho Holding Company'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 110.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $46.75 Million | 40.41% |
| Other Components | $68.94 Million | 59.59% |
| Total Equity | $115.69 Million | 100.00% |
Bank of Idaho Holding Company Competitors by Market Cap
The table below lists competitors of Bank of Idaho Holding Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DAISHINKU CORP.
F:90G
|
$89.95 Million |
|
Dickson Concepts (International) Limited
PINK:DCOHF
|
$89.97 Million |
|
AurosTechnology Inc.
KQ:322310
|
$89.97 Million |
|
Sinopower Semiconductor
TWO:6435
|
$90.03 Million |
|
Stem Inc
NYSE:STEM
|
$89.92 Million |
|
Samudera Indonesia Tbk
JK:SMDR
|
$89.92 Million |
|
Laramide Resources Ltd.
OTCQX:LMRXF
|
$89.91 Million |
|
Gordon Auto Body Parts Co Ltd
TW:1524
|
$89.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank of Idaho Holding Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 106,721,786 to 115,694,847, a change of 8,973,061 (8.4%).
- Net income of 8,511,652 contributed positively to equity growth.
- Share repurchases of 153,521 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.51 Million | +7.36% |
| Share Repurchases | $153.52K | -0.13% |
| Other Changes | $614.93K | +0.53% |
| Total Change | $- | 8.41% |
Book Value vs Market Value Analysis
This analysis compares Bank of Idaho Holding Company'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: 1.68x
- 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 3.29x to 1.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $13.38 | $44.00 | x |
| 2019-12-31 | $20.07 | $44.00 | x |
| 2020-12-31 | $22.38 | $44.00 | x |
| 2021-12-31 | $23.77 | $44.00 | x |
| 2022-12-31 | $24.13 | $44.00 | x |
| 2023-12-31 | $26.15 | $44.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank of Idaho Holding Company 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): 7.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.21%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 9.83x
- Recent ROE (7.36%) is below the historical average (7.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 10.87% | 19.34% | 0.06x | 9.88x | $293.28K |
| 2019 | 5.35% | 12.09% | 0.06x | 7.99x | $-2.36 Million |
| 2020 | 5.70% | 10.88% | 0.05x | 10.06x | $-2.46 Million |
| 2021 | 9.80% | 17.47% | 0.05x | 12.04x | $-120.74K |
| 2022 | 5.66% | 14.76% | 0.04x | 9.18x | $-4.63 Million |
| 2023 | 7.36% | 16.21% | 0.05x | 9.83x | $-3.06 Million |
Industry Comparison
This section compares Bank of Idaho Holding Company'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 |
|---|---|---|---|---|
| Bank of Idaho Holding Company (BOID) | $128.69 Million | 10.87% | 9.05x | $89.95 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 |