Bancorp. of Southern Indiana
Bancorp. of Southern Indiana operates as the bank holding company for Jackson County Bank that provides various banking products and services in Indiana. It offers checking, savings, youth, and individual retirement accounts; remote and night deposit services; and debit and credit cards. The company also provides home equity, consumer, commercial real estate, construction, term, and agricultural … Read more
Bancorp. of Southern Indiana (BCSO) - Net Assets
Latest net assets as of December 2024: $73.42 Million USD
Based on the latest financial reports, Bancorp. of Southern Indiana (BCSO) has net assets worth $73.42 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($982.33 Million) and total liabilities ($908.91 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 | $73.42 Million |
| % of Total Assets | 7.47% |
| Annual Growth Rate | -14.2% |
| 5-Year Change | 13.18% |
| 10-Year Change | 57.48% |
| Growth Volatility | 27.48 |
Bancorp. of Southern Indiana - Net Assets Trend (2013–2024)
This chart illustrates how Bancorp. of Southern Indiana's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bancorp. of Southern Indiana (2013–2024)
The table below shows the annual net assets of Bancorp. of Southern Indiana from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $73.42 Million | +5.03% |
| 2023-12-31 | $69.91 Million | +8.80% |
| 2022-12-31 | $64.25 Million | -8.52% |
| 2021-12-31 | $70.24 Million | +8.27% |
| 2020-12-31 | $64.87 Million | +11.21% |
| 2019-12-31 | $58.33 Million | +10.65% |
| 2018-12-31 | $52.72 Million | +5.98% |
| 2017-12-31 | $49.74 Million | +5.36% |
| 2016-12-31 | $47.21 Million | +1.27% |
| 2015-12-31 | $46.62 Million | -88.68% |
| 2014-12-31 | $411.88 Million | +4.05% |
| 2013-12-31 | $395.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bancorp. of Southern Indiana'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 7994700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $79.95 Million | 108.89% |
| Common Stock | $225.00K | 0.31% |
| Other Comprehensive Income | $-9.66 Million | -13.16% |
| Other Components | $2.91 Million | 3.97% |
| Total Equity | $73.42 Million | 100.00% |
Bancorp. of Southern Indiana Competitors by Market Cap
The table below lists competitors of Bancorp. of Southern Indiana ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pacific Century Regional Developments Limited
F:PFQ
|
$74.69 Million |
|
Global Lighting Technologies Inc
TW:4935
|
$74.70 Million |
|
JUKCF
PINK:JUKCF
|
$74.72 Million |
|
Ador Welding Limited
NSE:ADORWELD
|
$74.72 Million |
|
HYUNDAI FEED Inc
KQ:016790
|
$74.65 Million |
|
Maithan Alloys Limited
NSE:MAITHANALL
|
$74.64 Million |
|
Intai Technology
TWO:4163
|
$74.64 Million |
|
Somany Ceramics Limited
NSE:SOMANYCERA
|
$74.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bancorp. of Southern Indiana's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,909,000 to 73,422,000, a change of 3,513,000 (5.0%).
- Net income of 6,742,000 contributed positively to equity growth.
- Dividend payments of 2,135,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,032,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.74 Million | +9.18% |
| Dividends Paid | $2.13 Million | -2.91% |
| Other Comprehensive Income | $-1.03 Million | -1.41% |
| Total Change | $- | 5.03% |
Book Value vs Market Value Analysis
This analysis compares Bancorp. of Southern Indiana'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: 1.10x
- 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 2.06x to 1.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $29.13 | $60.00 | x |
| 2014-12-31 | $32.52 | $60.00 | x |
| 2015-12-31 | $34.35 | $60.00 | x |
| 2016-12-31 | $34.79 | $60.00 | x |
| 2017-12-31 | $36.65 | $60.00 | x |
| 2018-12-31 | $38.85 | $60.00 | x |
| 2019-12-31 | $42.98 | $60.00 | x |
| 2020-12-31 | $47.80 | $60.00 | x |
| 2021-12-31 | $51.76 | $60.00 | x |
| 2022-12-31 | $47.45 | $60.00 | x |
| 2023-12-31 | $51.69 | $60.00 | x |
| 2024-12-31 | $54.32 | $60.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bancorp. of Southern Indiana 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): 9.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.08%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 13.38x
- Recent ROE (9.18%) is above the historical average (9.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 8.86% | 21.09% | 0.04x | 11.12x | $-454.10K |
| 2014 | 8.50% | 21.51% | 0.04x | 10.31x | $-662.70K |
| 2015 | 6.99% | 17.26% | 0.04x | 10.62x | $-1.40 Million |
| 2016 | 6.80% | 16.20% | 0.04x | 10.53x | $-1.51 Million |
| 2017 | 6.61% | 14.92% | 0.04x | 10.33x | $-1.69 Million |
| 2018 | 8.19% | 16.50% | 0.05x | 10.81x | $-952.90K |
| 2019 | 9.49% | 17.87% | 0.05x | 10.14x | $-299.40K |
| 2020 | 10.72% | 19.52% | 0.05x | 10.89x | $467.60K |
| 2021 | 12.64% | 24.29% | 0.05x | 11.15x | $1.85 Million |
| 2022 | 11.29% | 19.83% | 0.04x | 12.75x | $829.50K |
| 2023 | 9.74% | 18.25% | 0.04x | 13.64x | $-180.90K |
| 2024 | 9.18% | 17.08% | 0.04x | 13.38x | $-600.20K |
Industry Comparison
This section compares Bancorp. of Southern Indiana's net assets metrics with peer companies in the Banks - Diversified industry.
Industry Context
- Industry: Banks - Diversified
- Average net assets among peers: $272,499,507,670
- Average return on equity (ROE) among peers: 10.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bancorp. of Southern Indiana (BCSO) | $73.42 Million | 8.86% | 12.38x | $74.68 Million |
| ABN AMRO Bank N.V (AAVMY) | $27.04 Billion | 8.33% | 14.28x | $11.03 Billion |
| Agricultural Bank of China PK (ACGBY) | $290.54 Billion | 17.72% | 23.14x | $259.69 Billion |
| ANZ Group Holdings Limited (ANZGY) | $70.02 Billion | 10.15% | 14.79x | $48.69 Billion |
| Bank of America Corp (BAC) | $270.07 Billion | 11.84% | 10.74x | $336.44 Billion |
| Bank of China Ltd H (BACHF) | $861.54 Billion | 16.21% | 13.72x | $77.92 Billion |
| Banco Bilbao Vizcaya Argentaria S.A (BBVXF) | $4.73 Billion | 9.43% | 14.29x | $81.72 Billion |
| Banco Santander S.A (BCDRF) | $73.87 Billion | 12.11% | 14.03x | $86.81 Billion |
| Barclays PLC (BCLYF) | $808.57 Billion | 0.43% | 0.14x | $42.51 Billion |
| The Bank of New York Mellon Corporation (BK) | $46.12 Billion | 7.84% | 9.18x | $79.06 Billion |