Hamlin Bank and Trust Company
Hamlin Bank and Trust Company provides various financial and trust services in Northwestern Pennsylvania. The company accepts checking, savings, individual retirement accounts, and certificates of deposit. Its loan products include mortgage loans; consumer loans, including personal, auto, home equity, boat, camper, and recreational vehicle loans; and commercial lines of credit, property and equip… Read more
Hamlin Bank and Trust Company (HMLN) - Net Assets
Latest net assets as of September 2007: $70.15 Million USD
Based on the latest financial reports, Hamlin Bank and Trust Company (HMLN) has net assets worth $70.15 Million USD as of September 2007.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($349.63 Million) and total liabilities ($279.48 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 | $70.15 Million |
| % of Total Assets | 20.06% |
| Annual Growth Rate | 1.76% |
| 5-Year Change | 2.34% |
| 10-Year Change | 30.12% |
| Growth Volatility | 8.78 |
Hamlin Bank and Trust Company - Net Assets Trend (2002–2024)
This chart illustrates how Hamlin Bank and Trust Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hamlin Bank and Trust Company (2002–2024)
The table below shows the annual net assets of Hamlin Bank and Trust Company from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $88.83 Million | +3.87% |
| 2023-12-31 | $85.53 Million | +2.63% |
| 2022-12-31 | $83.33 Million | -10.22% |
| 2021-12-31 | $92.82 Million | +6.93% |
| 2020-12-31 | $86.80 Million | -4.23% |
| 2019-12-31 | $90.64 Million | +22.90% |
| 2006-12-31 | $73.75 Million | +4.79% |
| 2005-12-31 | $70.38 Million | -3.13% |
| 2004-12-31 | $72.66 Million | +6.42% |
| 2003-12-31 | $68.27 Million | +12.70% |
| 2002-12-31 | $60.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hamlin Bank and Trust Company'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 178.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $85.20 Million | 95.91% |
| Common Stock | $929.53K | 1.05% |
| Other Comprehensive Income | $-4.49 Million | -5.06% |
| Other Components | $7.20 Million | 8.10% |
| Total Equity | $88.83 Million | 100.00% |
Hamlin Bank and Trust Company Competitors by Market Cap
The table below lists competitors of Hamlin Bank and Trust Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Turbon AG
F:TUR
|
$1.89 Million |
|
Tigbur - Temporary Professional Personnel Ltd
TA:TIGBUR
|
$1.89 Million |
|
SIT LAND HOLDINGS OPTIONS
SEM:SIT
|
$1.89 Million |
|
Dovre Group Plc
HE:DOV1V
|
$1.89 Million |
|
Aclarion Inc
NASDAQ:ACON
|
$1.89 Million |
|
Ocean Glass Public Company Limited
BK:OGC
|
$1.89 Million |
|
ICDX
PINK:ICDX
|
$1.89 Million |
|
M Evo Global Acquisition Corp II Warrants
NASDAQ:MEVOW
|
$1.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hamlin Bank and Trust Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 85,526,450 to 88,833,326, a change of 3,306,876 (3.9%).
- Net income of 5,585,932 contributed positively to equity growth.
- Dividend payments of 4,339,087 reduced retained earnings.
- Share repurchases of 1,061,280 reduced equity.
- Other comprehensive income increased equity by 3,087,130.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.59 Million | +6.29% |
| Dividends Paid | $4.34 Million | -4.88% |
| Share Repurchases | $1.06 Million | -1.19% |
| Other Comprehensive Income | $3.09 Million | +3.48% |
| Other Changes | $34.18K | +0.04% |
| Total Change | $- | 3.87% |
Book Value vs Market Value Analysis
This analysis compares Hamlin Bank and Trust Company'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: 0.79x
- 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 1.34x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $145.18 | $195.00 | x |
| 2003-12-31 | $168.02 | $195.00 | x |
| 2004-12-31 | $181.34 | $195.00 | x |
| 2005-12-31 | $176.39 | $195.00 | x |
| 2006-12-31 | $185.47 | $195.00 | x |
| 2019-12-31 | $246.25 | $195.00 | x |
| 2020-12-31 | $237.49 | $195.00 | x |
| 2021-12-31 | $254.10 | $195.00 | x |
| 2022-12-31 | $228.51 | $195.00 | x |
| 2023-12-31 | $235.40 | $195.00 | x |
| 2024-12-31 | $247.17 | $195.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hamlin Bank and Trust Company 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): 6.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.18%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 4.90x
- Recent ROE (6.29%) is below the historical average (7.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 8.51% | 25.47% | 0.07x | 5.10x | $-905.55K |
| 2003 | 7.95% | 25.59% | 0.06x | 5.23x | $-1.40 Million |
| 2004 | 7.92% | 26.33% | 0.06x | 5.40x | $-1.51 Million |
| 2005 | 8.49% | 27.13% | 0.06x | 5.29x | $-1.06 Million |
| 2006 | 7.96% | 25.23% | 0.07x | 4.83x | $-1.50 Million |
| 2019 | 9.95% | 38.74% | 0.06x | 4.29x | $-42.46K |
| 2020 | -0.53% | -4.38% | 0.02x | 4.83x | $-9.14 Million |
| 2021 | 12.50% | 46.47% | 0.05x | 4.99x | $2.32 Million |
| 2022 | 3.73% | 20.96% | 0.03x | 5.33x | $-5.22 Million |
| 2023 | 4.45% | 20.54% | 0.04x | 5.12x | $-4.75 Million |
| 2024 | 6.29% | 23.18% | 0.06x | 4.90x | $-3.30 Million |
Industry Comparison
This section compares Hamlin Bank and Trust Company'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 |
|---|---|---|---|---|
| Hamlin Bank and Trust Company (HMLN) | $70.15 Million | 8.51% | 3.98x | $1.89 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 |