First Bancorp of Indiana Inc
First Bancorp of Indiana, Inc. operates as the bank holding company for First Federal Savings Bank, which provides various banking products and services to individuals and business customers in the United States. The company accepts various deposits such as checking, savings, health savings, money market, and individual retirement accounts, as well as certificates of deposit. It also offers mortg… Read more
First Bancorp of Indiana Inc (FBPI) - Net Assets
Latest net assets as of June 2025: $33.34 Million USD
Based on the latest financial reports, First Bancorp of Indiana Inc (FBPI) has net assets worth $33.34 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 ($605.75 Million) and total liabilities ($572.42 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 | $33.34 Million |
| % of Total Assets | 5.5% |
| Annual Growth Rate | -0.34% |
| 5-Year Change | -19.77% |
| 10-Year Change | -12.59% |
| Growth Volatility | 143.46 |
First Bancorp of Indiana Inc - Net Assets Trend (1998–2025)
This chart illustrates how First Bancorp of Indiana 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 First Bancorp of Indiana Inc (1998–2025)
The table below shows the annual net assets of First Bancorp of Indiana Inc from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $33.34 Million | +5.71% |
| 2024-06-30 | $31.54 Million | -1.48% |
| 2023-06-30 | $32.01 Million | -1.77% |
| 2022-06-30 | $32.59 Million | -21.57% |
| 2021-06-30 | $41.55 Million | +6.59% |
| 2020-06-30 | $38.98 Million | +2.81% |
| 2019-06-30 | $37.91 Million | +7.33% |
| 2018-06-30 | $35.33 Million | -31.49% |
| 2017-06-30 | $51.56 Million | +35.20% |
| 2016-06-30 | $38.14 Million | +3.36% |
| 2015-06-30 | $36.90 Million | +0.74% |
| 2014-06-30 | $36.63 Million | +6.30% |
| 2013-06-30 | $34.45 Million | -0.93% |
| 2012-06-30 | $34.78 Million | +5.14% |
| 2011-06-30 | $33.08 Million | +0.76% |
| 2010-06-30 | $32.83 Million | +13.40% |
| 2009-06-30 | $28.95 Million | -8.32% |
| 2008-06-30 | $31.57 Million | -89.13% |
| 2007-06-30 | $290.50 Million | +748.96% |
| 2006-06-30 | $34.22 Million | +21.31% |
| 2005-06-30 | $28.21 Million | -5.73% |
| 2004-06-30 | $29.92 Million | +3.29% |
| 2003-06-30 | $28.97 Million | -3.14% |
| 2002-06-30 | $29.91 Million | -4.53% |
| 2001-06-30 | $31.32 Million | -0.30% |
| 2000-06-30 | $31.42 Million | -10.00% |
| 1999-06-30 | $34.91 Million | -4.35% |
| 1998-06-30 | $36.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Bancorp of Indiana 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $33.34 Million | 100.00% |
| Total Equity | $33.34 Million | 100.00% |
First Bancorp of Indiana Inc Competitors by Market Cap
The table below lists competitors of First Bancorp of Indiana Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Han Chang Pape
KO:009460
|
$12.03 Million |
|
Altin Yunus Cesme Turistik Tesisler AS
IS:AYCES
|
$12.03 Million |
|
Pollux Properti Indonesia Tbk PT
JK:POLL
|
$12.03 Million |
|
Bluemount Holdings Limited Class B Ordinary Shares
NASDAQ:BMHL
|
$12.04 Million |
|
Tipco Foods Public Company Limited
BK:TIPCO
|
$12.02 Million |
|
Less Mess Storage Inc.
V:LMS
|
$12.02 Million |
|
YSX Tech. Co., Ltd Class A Ordinary Shares
NASDAQ:YSXT
|
$12.02 Million |
|
Pegasus Heights Bhd
KLSE:4464
|
$12.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Bancorp of Indiana Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 31,536,793 to 33,336,000, a change of 1,799,207 (5.7%).
- Net income of 1,174,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 10,105,741.
- Other factors decreased equity by 9,480,534.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.17 Million | +3.52% |
| Other Comprehensive Income | $10.11 Million | +30.31% |
| Other Changes | $-9.48 Million | -28.44% |
| Total Change | $- | 5.71% |
Book Value vs Market Value Analysis
This analysis compares First Bancorp of Indiana 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: 0.52x
- 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 0.63x to 0.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-06-30 | $16.07 | $10.15 | x |
| 1999-06-30 | $15.37 | $10.15 | x |
| 2000-06-30 | $15.35 | $10.15 | x |
| 2001-06-30 | $16.49 | $10.15 | x |
| 2002-06-30 | $17.97 | $10.15 | x |
| 2003-06-30 | $18.35 | $10.15 | x |
| 2004-06-30 | $19.62 | $10.15 | x |
| 2005-06-30 | $18.04 | $10.15 | x |
| 2006-06-30 | $22.22 | $10.15 | x |
| 2007-06-30 | $19.81 | $10.15 | x |
| 2013-06-30 | $19.75 | $10.15 | x |
| 2014-06-30 | $21.00 | $10.15 | x |
| 2015-06-30 | $21.16 | $10.15 | x |
| 2016-06-30 | $21.80 | $10.15 | x |
| 2017-06-30 | $20.90 | $10.15 | x |
| 2018-06-30 | $20.20 | $10.15 | x |
| 2019-06-30 | $21.68 | $10.15 | x |
| 2020-06-30 | $22.33 | $10.15 | x |
| 2021-06-30 | $23.91 | $10.15 | x |
| 2022-06-30 | $19.23 | $10.15 | x |
| 2023-06-30 | $19.14 | $10.15 | x |
| 2024-06-30 | $18.76 | $10.15 | x |
| 2025-06-30 | $19.59 | $10.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Bancorp of Indiana 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): 3.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.39%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 18.17x
- Recent ROE (3.52%) is below the historical average (4.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 1.64% | 7.79% | 0.06x | 3.42x | $-3.05 Million |
| 1999 | 3.28% | 12.17% | 0.07x | 3.65x | $-2.34 Million |
| 2000 | 3.69% | 8.77% | 0.08x | 5.59x | $-1.98 Million |
| 2001 | 3.72% | 8.74% | 0.07x | 5.85x | $-1.97 Million |
| 2002 | 5.49% | 12.49% | 0.07x | 6.30x | $-1.35 Million |
| 2003 | 1.05% | 2.41% | 0.05x | 9.12x | $-2.59 Million |
| 2004 | 5.12% | 10.13% | 0.05x | 9.27x | $-1.46 Million |
| 2005 | 4.75% | 7.94% | 0.06x | 10.44x | $-1.48 Million |
| 2006 | 1.51% | 2.43% | 0.06x | 10.61x | $-2.90 Million |
| 2007 | 1.51% | 5.59% | 0.03x | 10.61x | $-2.90 Million |
| 2008 | 2.55% | 3.47% | 0.06x | 11.95x | $-2.35 Million |
| 2009 | 4.68% | 6.12% | 0.06x | 12.39x | $-1.54 Million |
| 2010 | 4.24% | 7.11% | 0.06x | 10.47x | $-1.89 Million |
| 2011 | 2.73% | 5.36% | 0.05x | 10.77x | $-2.40 Million |
| 2012 | 3.18% | 6.55% | 0.04x | 10.96x | $-2.37 Million |
| 2013 | 4.66% | 12.56% | 0.03x | 10.94x | $-1.84 Million |
| 2014 | 3.88% | 10.95% | 0.03x | 10.25x | $-2.24 Million |
| 2015 | 4.11% | 11.12% | 0.03x | 10.75x | $-2.17 Million |
| 2016 | 5.08% | 11.01% | 0.04x | 10.43x | $-1.88 Million |
| 2017 | 2.46% | 5.29% | 0.04x | 11.55x | $-2.76 Million |
| 2018 | 3.03% | 5.92% | 0.04x | 12.30x | $-2.46 Million |
| 2019 | 5.54% | 10.32% | 0.05x | 11.37x | $-1.69 Million |
| 2020 | 4.51% | 8.77% | 0.04x | 12.15x | $-2.14 Million |
| 2021 | 9.11% | 16.27% | 0.05x | 11.57x | $-368.77K |
| 2022 | 7.47% | 12.07% | 0.04x | 15.91x | $-822.95K |
| 2023 | 8.91% | 10.38% | 0.04x | 19.72x | $-349.83K |
| 2024 | 4.87% | 8.31% | 0.03x | 20.15x | $-1.62 Million |
| 2025 | 3.52% | 6.39% | 0.03x | 18.17x | $-2.16 Million |
Industry Comparison
This section compares First Bancorp of Indiana 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 |
|---|---|---|---|---|
| First Bancorp of Indiana Inc (FBPI) | $33.34 Million | 1.64% | 17.17x | $12.02 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 |