Community Investors Bancorp Inc
Community Investors Bancorp, Inc. operates as a thrift holding company for First Federal Community Bank of Bucyrus, provides banking and financial services to individual and corporate customers in northern Ohio. The company offers deposit accounts, including checking, savings, money market, christmas club, health savings, certificates of deposit, and individual retirement account, as well as ohio… Read more
Community Investors Bancorp Inc (CIBN) - Net Assets
Latest net assets as of September 2024: $18.49 Million USD
Based on the latest financial reports, Community Investors Bancorp Inc (CIBN) has net assets worth $18.49 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 ($320.53 Million) and total liabilities ($302.05 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 | $18.49 Million |
| % of Total Assets | 5.77% |
| Annual Growth Rate | -5.18% |
| 5-Year Change | 12.72% |
| 10-Year Change | 53.37% |
| Growth Volatility | 265.57 |
Community Investors Bancorp Inc - Net Assets Trend (1995–2024)
This chart illustrates how Community Investors Bancorp 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 Community Investors Bancorp Inc (1995–2024)
The table below shows the annual net assets of Community Investors Bancorp Inc from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $17.70 Million | +5.24% |
| 2023-06-30 | $16.82 Million | +0.63% |
| 2022-06-30 | $16.71 Million | -4.81% |
| 2021-06-30 | $17.56 Million | +11.81% |
| 2020-06-30 | $15.71 Million | +10.79% |
| 2019-06-30 | $14.18 Million | +7.69% |
| 2018-06-30 | $13.16 Million | +5.67% |
| 2017-06-30 | $12.46 Million | +1.28% |
| 2016-06-30 | $12.30 Million | +6.57% |
| 2015-06-30 | $11.54 Million | +6.74% |
| 2014-06-30 | $10.81 Million | +4.58% |
| 2013-06-30 | $10.34 Million | -22.21% |
| 2005-06-30 | $13.29 Million | +0.45% |
| 2004-06-30 | $13.23 Million | +3.02% |
| 2003-06-30 | $12.84 Million | -86.93% |
| 2002-06-30 | $98.29 Million | +743.09% |
| 2001-06-30 | $11.66 Million | -90.18% |
| 2000-06-30 | $118.70 Million | +1041.39% |
| 1999-06-30 | $10.40 Million | +0.97% |
| 1998-06-30 | $10.30 Million | -7.21% |
| 1997-06-30 | $11.10 Million | -86.40% |
| 1996-06-30 | $81.60 Million | -1.45% |
| 1995-06-30 | $82.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Community Investors Bancorp 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 258.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $21.53 Million | 121.62% |
| Common Stock | $15.00K | 0.08% |
| Other Comprehensive Income | $-1.67 Million | -9.42% |
| Total Equity | $17.70 Million | 100.00% |
Community Investors Bancorp Inc Competitors by Market Cap
The table below lists competitors of Community Investors Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kutcho Copper Corp
OTCQX:KCCFF
|
$11.71 Million |
|
Luo Lih Fen Holding Co Ltd
TW:6666
|
$11.72 Million |
|
Autopedia Sukses Lestari Tbk PT
JK:ASLC
|
$11.72 Million |
|
Trivarx Ltd
AU:TRI
|
$11.72 Million |
|
EE-HWA Construction Co. Ltd
KQ:001840
|
$11.71 Million |
|
Forge Group Inc.
PINK:FIGP
|
$11.70 Million |
|
Linz Textil Holding AG
VI:LTH
|
$11.70 Million |
|
Apontis Pharma AG
XETRA:APPH
|
$11.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Community Investors Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,820,000 to 17,702,000, a change of 882,000 (5.2%).
- Net income of 1,140,000 contributed positively to equity growth.
- Dividend payments of 303,000 reduced retained earnings.
- Other comprehensive income increased equity by 553,000.
- Other factors decreased equity by 508,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.14 Million | +6.44% |
| Dividends Paid | $303.00K | -1.71% |
| Other Comprehensive Income | $553.00K | +3.12% |
| Other Changes | $-508.00K | -2.87% |
| Total Change | $- | 5.24% |
Book Value vs Market Value Analysis
This analysis compares Community Investors Bancorp 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: 0.80x
- 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.
- The price-to-book ratio has decreased from 4.15x to 0.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-06-30 | $4.30 | $17.88 | x |
| 1996-06-30 | $7.50 | $17.88 | x |
| 1997-06-30 | $7.49 | $17.88 | x |
| 1998-06-30 | $7.78 | $17.88 | x |
| 1999-06-30 | $9.01 | $17.88 | x |
| 2000-06-30 | $9.35 | $17.88 | x |
| 2001-06-30 | $10.30 | $17.88 | x |
| 2002-06-30 | $11.14 | $17.88 | x |
| 2003-06-30 | $11.63 | $17.88 | x |
| 2004-06-30 | $11.97 | $17.88 | x |
| 2013-06-30 | $12.92 | $17.88 | x |
| 2014-06-30 | $13.49 | $17.88 | x |
| 2015-06-30 | $14.53 | $17.88 | x |
| 2016-06-30 | $23.43 | $17.88 | x |
| 2017-06-30 | $15.67 | $17.88 | x |
| 2018-06-30 | $16.55 | $17.88 | x |
| 2019-06-30 | $17.83 | $17.88 | x |
| 2020-06-30 | $19.75 | $17.88 | x |
| 2021-06-30 | $22.08 | $17.88 | x |
| 2022-06-30 | $21.02 | $17.88 | x |
| 2023-06-30 | $21.17 | $17.88 | x |
| 2024-06-30 | $22.36 | $17.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Community Investors Bancorp 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): 6.44%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.63%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 17.61x
- Recent ROE (6.44%) is below the historical average (7.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 6.50% | 27.59% | 0.03x | 6.89x | $-430.00K |
| 1996 | 7.83% | 27.27% | 0.04x | 7.98x | $-250.00K |
| 1997 | 5.41% | 18.18% | 0.04x | 8.32x | $-510.00K |
| 1998 | 8.74% | 25.00% | 0.04x | 9.95x | $-130.00K |
| 1999 | 8.65% | 24.32% | 0.03x | 11.17x | $-140.00K |
| 2000 | 6.21% | 20.12% | 0.03x | 11.06x | $-408.30K |
| 2001 | 9.32% | 27.80% | 0.03x | 9.81x | $-78.80K |
| 2002 | 9.79% | 29.40% | 0.03x | 9.72x | $-26.40K |
| 2003 | 8.68% | 26.36% | 0.03x | 9.55x | $-169.40K |
| 2004 | 6.51% | 19.70% | 0.04x | 9.21x | $-461.20K |
| 2005 | 7.61% | 13.94% | 0.06x | 9.08x | $-317.10K |
| 2013 | 0.77% | 1.62% | 0.04x | 11.54x | $-953.90K |
| 2014 | 4.30% | 9.04% | 0.04x | 12.06x | $-616.30K |
| 2015 | 7.36% | 13.88% | 0.04x | 11.88x | $-304.20K |
| 2016 | 7.32% | 11.84% | 0.05x | 11.41x | $-330.00K |
| 2017 | 3.67% | 4.39% | 0.07x | 11.51x | $-788.70K |
| 2018 | 8.84% | 11.88% | 0.06x | 11.70x | $-153.30K |
| 2019 | 7.14% | 9.96% | 0.06x | 11.92x | $-405.50K |
| 2020 | 9.72% | 11.08% | 0.07x | 13.17x | $-43.50K |
| 2021 | 13.30% | 13.61% | 0.08x | 12.66x | $580.00K |
| 2022 | 9.88% | 11.25% | 0.06x | 13.99x | $-19.50K |
| 2023 | 4.26% | 5.19% | 0.05x | 16.16x | $-966.00K |
| 2024 | 6.44% | 9.63% | 0.04x | 17.61x | $-630.20K |
Industry Comparison
This section compares Community Investors Bancorp 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 |
|---|---|---|---|---|
| Community Investors Bancorp Inc (CIBN) | $18.49 Million | 6.50% | 16.34x | $11.71 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 |