Habersham Bancorp
Habersham Bancorp does not have significant operations. Previously, the company, operated as the bank holding company for Habersham Bank that provided commercial banking services to businesses and individuals in Habersham, White, Cherokee, Warren, Stephens, Forsyth, and Hall Counties in Georgia. Habersham Bancorp was founded in 1904 and is based in Cornelia, Georgia.
Habersham Bancorp (HABC) - Net Assets
Latest net assets as of September 2010: $9.72 Million USD
Based on the latest financial reports, Habersham Bancorp (HABC) has net assets worth $9.72 Million USD as of September 2010.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($396.28 Million) and total liabilities ($386.57 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 | $9.72 Million |
| % of Total Assets | 2.45% |
| Annual Growth Rate | 0.59% |
| 5-Year Change | -66.02% |
| 10-Year Change | -55.94% |
| Growth Volatility | 23.3 |
Habersham Bancorp - Net Assets Trend (1993–2009)
This chart illustrates how Habersham Bancorp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Habersham Bancorp (1993–2009)
The table below shows the annual net assets of Habersham Bancorp from 1993 to 2009.
| Year | Net Assets | Change |
|---|---|---|
| 2009-12-31 | $17.08 Million | -59.34% |
| 2008-12-31 | $42.00 Million | -22.49% |
| 2007-12-31 | $54.18 Million | -2.49% |
| 2006-12-31 | $55.56 Million | +10.56% |
| 2005-12-31 | $50.26 Million | +4.69% |
| 2004-12-31 | $48.01 Million | -2.49% |
| 2003-12-31 | $49.23 Million | -2.98% |
| 2002-12-31 | $50.74 Million | +15.37% |
| 2001-12-31 | $43.98 Million | +13.50% |
| 2000-12-31 | $38.75 Million | +9.47% |
| 1999-12-31 | $35.40 Million | +9.94% |
| 1998-12-31 | $32.20 Million | +6.98% |
| 1997-12-31 | $30.10 Million | +8.66% |
| 1996-12-31 | $27.70 Million | +6.95% |
| 1995-12-31 | $25.90 Million | +62.89% |
| 1994-12-31 | $15.90 Million | +2.28% |
| 1993-12-31 | $15.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Habersham Bancorp'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 133.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2009)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.82 Million | 16.51% |
| Other Comprehensive Income | $624.69K | 3.66% |
| Other Components | $17.45 Million | 102.22% |
| Total Equity | $17.08 Million | 100.00% |
Habersham Bancorp Competitors by Market Cap
The table below lists competitors of Habersham Bancorp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LSE Capital Limited
KAR:LSECL
|
$177.83 |
|
Gfinity PLC
LSE:GFIN
|
$178.42 |
|
Wegener Corporation
PINK:WGNR
|
$178.81 |
|
TIANJIN JINRAN -H-
BE:TL6
|
$178.91 |
|
WEMA BANK PLC
XNSA:WEMABANK
|
$176.72 |
|
Truetide plc
LSE:TRUE
|
$176.64 |
|
FBN HOLDINGS PLC
XNSA:FBNH
|
$175.17 |
|
Gunsynd PLC
LSE:GUN
|
$175.05 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Habersham Bancorp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2008 to 2009, total equity changed from 41,998,013 to 17,075,233, a change of -24,922,780 (-59.3%).
- Net loss of 26,128,234 reduced equity.
- Dividend payments of 211,232 reduced retained earnings.
- Share repurchases of 985,148 reduced equity.
- Other comprehensive income increased equity by 431,538.
- Other factors increased equity by 1,970,296.
Equity Change Factors (2008 to 2009)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-26.13 Million | -153.02% |
| Dividends Paid | $211.23K | -1.24% |
| Share Repurchases | $985.15K | -5.77% |
| Other Comprehensive Income | $431.54K | +2.53% |
| Other Changes | $1.97 Million | +11.54% |
| Total Change | $- | -59.34% |
Book Value vs Market Value Analysis
This analysis compares Habersham Bancorp'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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $46.49 | $0.02 | x |
| 1994-12-31 | $47.05 | $0.02 | x |
| 1995-12-31 | $12.74 | $0.02 | x |
| 1996-12-31 | $11.49 | $0.02 | x |
| 1997-12-31 | $12.05 | $0.02 | x |
| 1998-12-31 | $12.98 | $0.02 | x |
| 1999-12-31 | $13.57 | $0.02 | x |
| 2000-12-31 | $14.35 | $0.02 | x |
| 2001-12-31 | $16.05 | $0.02 | x |
| 2002-12-31 | $18.02 | $0.02 | x |
| 2003-12-31 | $17.00 | $0.02 | x |
| 2004-12-31 | $16.33 | $0.02 | x |
| 2005-12-31 | $17.10 | $0.02 | x |
| 2006-12-31 | $18.63 | $0.02 | x |
| 2007-12-31 | $18.35 | $0.02 | x |
| 2008-12-31 | $14.90 | $0.02 | x |
| 2009-12-31 | $6.06 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Habersham Bancorp 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): -153.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -107.78%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 26.71x
- Recent ROE (-153.02%) is below the historical average (-4.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 10.02% | 26.65% | 0.04x | 10.22x | $3.09K |
| 1994 | 10.69% | 12.50% | 0.08x | 10.14x | $110.00K |
| 1995 | 7.72% | 11.11% | 0.08x | 8.86x | $-590.00K |
| 1996 | 6.86% | 7.39% | 0.08x | 11.19x | $-870.00K |
| 1997 | 7.31% | 6.27% | 0.11x | 10.90x | $-810.00K |
| 1998 | 6.52% | 4.69% | 0.12x | 11.93x | $-1.12 Million |
| 1999 | 5.08% | 3.78% | 0.10x | 13.05x | $-1.74 Million |
| 2000 | 7.81% | 4.97% | 0.11x | 14.02x | $-847.80K |
| 2001 | 12.15% | 14.30% | 0.07x | 12.43x | $944.56K |
| 2002 | 11.40% | 18.98% | 0.07x | 8.46x | $710.11K |
| 2003 | 4.66% | 8.80% | 0.07x | 7.62x | $-2.63 Million |
| 2004 | 4.88% | 9.31% | 0.07x | 8.04x | $-2.46 Million |
| 2005 | 7.59% | 12.98% | 0.06x | 9.52x | $-1.21 Million |
| 2006 | 9.53% | 13.89% | 0.07x | 10.00x | $-263.50K |
| 2007 | 5.43% | 7.32% | 0.08x | 9.49x | $-2.48 Million |
| 2008 | -35.36% | -49.07% | 0.06x | 11.78x | $-19.05 Million |
| 2009 | -153.02% | -107.78% | 0.05x | 26.71x | $-27.84 Million |
Industry Comparison
This section compares Habersham Bancorp'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 |
|---|---|---|---|---|
| Habersham Bancorp (HABC) | $9.72 Million | 10.02% | 39.78x | $177.52 |
| 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 |