JTNB Bancorp Inc
JTNB Bancorp, Inc. operates as the holding company for Jim Thorpe Neighborhood Bank that provides personal and business banking products and services. It offers checking and savings accounts, retirement accounts, and certificates of deposit; mortgage, home equity, commercial, and consumer loans; debit and credit cards; merchant processing services; and online banking services. The company was fou… Read more
JTNB Bancorp Inc (JTNB) - Net Assets
Latest net assets as of : $- USD
Based on the latest financial reports, JTNB Bancorp Inc (JTNB) has net assets worth $- USD as of .
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($-) and total liabilities ($-). 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 | $- |
| % of Total Assets | 0% |
| Annual Growth Rate | 0.79% |
| 5-Year Change | -22.67% |
| 10-Year Change | N/A |
| Growth Volatility | 19.27 |
JTNB Bancorp Inc - Net Assets Trend (2018–2024)
This chart illustrates how JTNB 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 JTNB Bancorp Inc (2018–2024)
The table below shows the annual net assets of JTNB Bancorp Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $18.06 Million | +5.45% |
| 2023-12-31 | $17.13 Million | +19.44% |
| 2022-12-31 | $14.34 Million | -36.30% |
| 2021-12-31 | $22.51 Million | -3.62% |
| 2020-12-31 | $23.35 Million | +15.18% |
| 2019-12-31 | $20.28 Million | +17.68% |
| 2018-12-31 | $17.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to JTNB 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 35.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $23.34 Million | 129.24% |
| Common Stock | $317.82K | 1.76% |
| Other Comprehensive Income | $-7.38 Million | -40.87% |
| Other Components | $1.78 Million | 9.87% |
| Total Equity | $18.06 Million | 100.00% |
JTNB Bancorp Inc Competitors by Market Cap
The table below lists competitors of JTNB Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Prim SA
STU:5P1
|
$125.60K |
|
BLACKR.CAP.ALL.TR. SBI
F:BD8
|
$125.60K |
|
FMC CORP - Dusseldorf Stock Exchang
DU:FMQ
|
$125.79K |
|
Air Water Inc
BE:0AW
|
$125.94K |
|
T-REX 2X Long BKNG Daily Target ETF
BATS:BKNU
|
$125.59K |
|
Mirai Semiconductors Co. Ltd.
KO:254490
|
$125.40K |
|
SIX FLAGS ENTMT
BE:6FE
|
$125.38K |
|
AMICUS THERA (AM6.SG)
STU:AM6
|
$125.37K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JTNB Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,126,762 to 18,060,060, a change of 933,298 (5.4%).
- Net income of 1,773,784 contributed positively to equity growth.
- Dividend payments of 443,748 reduced retained earnings.
- Share repurchases of 195,434 reduced equity.
- New share issuances of 136,902 increased equity.
- Other comprehensive income decreased equity by 319,510.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.77 Million | +9.82% |
| Dividends Paid | $443.75K | -2.46% |
| Share Repurchases | $195.43K | -1.08% |
| Share Issuances | $136.90K | +0.76% |
| Other Comprehensive Income | $-319.51K | -1.77% |
| Other Changes | $-18.70K | -0.1% |
| Total Change | $- | 5.45% |
Book Value vs Market Value Analysis
This analysis compares JTNB 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: 0.70x
- 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 |
|---|---|---|---|
| 2018-12-31 | $18.15 | $13.40 | x |
| 2019-12-31 | $21.33 | $13.40 | x |
| 2020-12-31 | $24.56 | $13.40 | x |
| 2021-12-31 | $23.71 | $13.40 | x |
| 2022-12-31 | $15.19 | $13.40 | x |
| 2023-12-31 | $18.12 | $13.40 | x |
| 2024-12-31 | $19.07 | $13.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JTNB 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): 9.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.00%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 14.45x
- Recent ROE (9.82%) is above the historical average (7.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 5.68% | 14.03% | 0.04x | 11.05x | $-744.56K |
| 2019 | 5.93% | 16.35% | 0.04x | 9.76x | $-825.02K |
| 2020 | 9.38% | 26.34% | 0.04x | 9.50x | $-144.63K |
| 2021 | 5.14% | 16.29% | 0.03x | 10.97x | $-1.09 Million |
| 2022 | 9.95% | 18.54% | 0.03x | 17.11x | $-6.98K |
| 2023 | 8.45% | 16.13% | 0.04x | 14.49x | $-265.24K |
| 2024 | 9.82% | 23.00% | 0.03x | 14.45x | $-32.22K |
Industry Comparison
This section compares JTNB 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 |
|---|---|---|---|---|
| JTNB Bancorp Inc (JTNB) | $- | 5.68% | N/A | $125.60K |
| 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 |