Santa Cruz County Bank
West Coast Community Bancorp operates as the bank holding company for Santa Cruz County Bank that provides a range of commercial and personal banking services to residents and businesses in the United States. It offers checking, savings, money market, certificate of deposits, and health savings accounts; and individual retirement account and retirement plans. The company also provides lending pro… Read more
Santa Cruz County Bank (SCZC) - Net Assets
Latest net assets as of March 2025: $345.69 Million USD
Based on the latest financial reports, Santa Cruz County Bank (SCZC) has net assets worth $345.69 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.66 Billion) and total liabilities ($2.31 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 | $345.69 Million |
| % of Total Assets | 13.0% |
| Annual Growth Rate | 20.4% |
| 5-Year Change | 235.71% |
| 10-Year Change | 601.84% |
| Growth Volatility | 39.86 |
Santa Cruz County Bank - Net Assets Trend (2012–2023)
This chart illustrates how Santa Cruz County Bank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Santa Cruz County Bank (2012–2023)
The table below shows the annual net assets of Santa Cruz County Bank from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $230.04 Million | +16.37% |
| 2022-12-31 | $197.68 Million | +6.23% |
| 2021-12-31 | $186.09 Million | +10.45% |
| 2020-12-31 | $168.49 Million | +145.88% |
| 2018-12-31 | $68.52 Million | +19.63% |
| 2017-12-31 | $57.28 Million | +12.94% |
| 2016-12-31 | $50.72 Million | +15.02% |
| 2015-12-31 | $44.10 Million | +14.15% |
| 2014-12-31 | $38.63 Million | +17.86% |
| 2013-12-31 | $32.78 Million | +9.80% |
| 2012-12-31 | $29.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Santa Cruz County Bank'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 1482.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $117.26 Million | 50.98% |
| Other Components | $112.77 Million | 49.02% |
| Total Equity | $230.04 Million | 100.00% |
Santa Cruz County Bank Competitors by Market Cap
The table below lists competitors of Santa Cruz County Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sprout Social Inc
NASDAQ:SPT
|
$298.23 Million |
|
Pet Acquisition LLC
NASDAQ:WOOF
|
$298.24 Million |
|
BKS Bank AG
VI:BKS
|
$298.29 Million |
|
AGF Management Limited
PINK:AGFMF
|
$298.43 Million |
|
Guangzhou Echom Sci&Tech Co Ltd
SHE:002420
|
$298.21 Million |
|
ITI Limited
NSE:ITI
|
$298.19 Million |
|
X4 Pharmaceuticals Inc
NASDAQ:XFOR
|
$298.16 Million |
|
Tibet Duo Rui Pharmaceutical Co.Ltd.
SHE:301075
|
$298.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Santa Cruz County Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 197,676,000 to 230,036,000, a change of 32,360,000 (16.4%).
- Net income of 35,150,000 contributed positively to equity growth.
- Dividend payments of 3,863,000 reduced retained earnings.
- Share repurchases of 2,999,000 reduced equity.
- Other factors increased equity by 4,072,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $35.15 Million | +15.28% |
| Dividends Paid | $3.86 Million | -1.68% |
| Share Repurchases | $3.00 Million | -1.3% |
| Other Changes | $4.07 Million | +1.77% |
| Total Change | $- | 16.37% |
Book Value vs Market Value Analysis
This analysis compares Santa Cruz County Bank'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: 1.37x
- 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 1.59x to 1.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $23.64 | $37.56 | x |
| 2018-12-31 | $27.98 | $37.56 | x |
| 2020-12-31 | $19.88 | $37.56 | x |
| 2021-12-31 | $21.80 | $37.56 | x |
| 2022-12-31 | $23.32 | $37.56 | x |
| 2023-12-31 | $27.36 | $37.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Santa Cruz County Bank 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): 15.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.71%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 7.80x
- Recent ROE (15.28%) is above the historical average (12.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 9.51% | 17.07% | 0.05x | 11.94x | $-145.00K |
| 2013 | 10.10% | 17.96% | 0.05x | 12.16x | $34.40K |
| 2014 | 11.32% | 20.83% | 0.05x | 11.90x | $508.10K |
| 2015 | 12.32% | 25.09% | 0.04x | 11.64x | $1.02 Million |
| 2016 | 12.80% | 25.44% | 0.04x | 11.60x | $1.42 Million |
| 2017 | 11.80% | 23.43% | 0.05x | 11.00x | $1.03 Million |
| 2018 | 16.61% | 35.02% | 0.05x | 9.67x | $4.53 Million |
| 2020 | 10.42% | 32.99% | 0.04x | 8.45x | $700.40K |
| 2021 | 11.43% | 32.08% | 0.04x | 9.14x | $2.67 Million |
| 2022 | 15.65% | 41.39% | 0.04x | 8.82x | $11.18 Million |
| 2023 | 15.28% | 40.71% | 0.05x | 7.80x | $12.15 Million |
Industry Comparison
This section compares Santa Cruz County Bank'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 |
|---|---|---|---|---|
| Santa Cruz County Bank (SCZC) | $345.69 Million | 9.51% | 6.69x | $298.23 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 |