Killbuck Bancshares Inc
Killbuck Bancshares, Inc. operates as the holding company for The Killbuck Savings Bank Company that provides various banking products and services to individuals and businesses. It offers checking and saving accounts; personal lending products that include home mortgage, home equity, construction, auto, and personal loans; credit and debit/ATM cards; online and mobile banking services; bill pays… Read more
Killbuck Bancshares Inc (KLIB) - Net Assets
Latest net assets as of December 2015: $51.68 Million USD
Based on the latest financial reports, Killbuck Bancshares Inc (KLIB) has net assets worth $51.68 Million USD as of December 2015.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($492.32 Million) and total liabilities ($440.64 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 | $51.68 Million |
| % of Total Assets | 10.5% |
| Annual Growth Rate | 3.14% |
| 5-Year Change | -7.0% |
| 10-Year Change | 33.81% |
| Growth Volatility | 25083.83 |
Killbuck Bancshares Inc - Net Assets Trend (1999–2024)
This chart illustrates how Killbuck Bancshares 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 Killbuck Bancshares Inc (1999–2024)
The table below shows the annual net assets of Killbuck Bancshares Inc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $62.62 Million | +7.75% |
| 2023-12-31 | $58.11 Million | +22.50% |
| 2022-12-31 | $47.44 Million | -28.51% |
| 2021-12-31 | $66.35 Million | -1.46% |
| 2020-12-31 | $67.33 Million | +8.11% |
| 2019-12-31 | $62.28 Million | +120420.44% |
| 2015-12-31 | $51.68K | +4.59% |
| 2014-12-31 | $49.41K | -99.89% |
| 2013-12-31 | $46.48 Million | -0.67% |
| 2012-12-31 | $46.80 Million | +3.48% |
| 2011-12-31 | $45.22 Million | +3.53% |
| 2010-12-31 | $43.68 Million | +1.43% |
| 2009-12-31 | $43.06 Million | +0.30% |
| 2008-12-31 | $42.94 Million | +4.42% |
| 2007-12-31 | $41.12 Million | +5.07% |
| 2006-12-31 | $39.13 Million | +5.63% |
| 2005-12-31 | $37.05 Million | +4.78% |
| 2004-12-31 | $35.36 Million | +3.81% |
| 2003-12-31 | $34.06 Million | -0.42% |
| 2002-12-31 | $34.20 Million | +3.53% |
| 2001-12-31 | $33.04 Million | +4.08% |
| 2000-12-31 | $31.74 Million | +9.83% |
| 1999-12-31 | $28.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Killbuck Bancshares 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 358.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $98.10 Million | 156.66% |
| Common Stock | $8.85 Million | 14.13% |
| Other Comprehensive Income | $-18.73 Million | -29.91% |
| Total Equity | $62.62 Million | 100.00% |
Killbuck Bancshares Inc Competitors by Market Cap
The table below lists competitors of Killbuck Bancshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
United Radiant Technology
TWO:5315
|
$65.18 Million |
|
TRUBAR Inc.
V:TRBR
|
$65.18 Million |
|
Freedom Bank of Virginia
OTCQX:FDVA
|
$65.19 Million |
|
Columbus Acquisition Corp Ordinary Shares
NASDAQ:COLA
|
$65.20 Million |
|
Vera Bradley Inc
NASDAQ:VRA
|
$65.13 Million |
|
Community Heritage Financial Inc
PINK:CMHF
|
$65.13 Million |
|
Ulusoy Un Sanayi ve Ticaret AS
IS:ULUUN
|
$65.09 Million |
|
TQM CORPORATION
BK:TQM-R
|
$65.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Killbuck Bancshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 58,112,116 to 62,618,231, a change of 4,506,115 (7.8%).
- Net income of 9,599,324 contributed positively to equity growth.
- Dividend payments of 2,631,885 reduced retained earnings.
- Share repurchases of 3,061,725 reduced equity.
- Other comprehensive income increased equity by 600,401.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.60 Million | +15.33% |
| Dividends Paid | $2.63 Million | -4.2% |
| Share Repurchases | $3.06 Million | -4.89% |
| Other Comprehensive Income | $600.40K | +0.96% |
| Total Change | $- | 7.75% |
Book Value vs Market Value Analysis
This analysis compares Killbuck Bancshares 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: 1.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.91x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $41.23 | $120.08 | x |
| 2000-12-31 | $45.06 | $120.08 | x |
| 2001-12-31 | $47.46 | $120.08 | x |
| 2002-12-31 | $49.77 | $120.08 | x |
| 2003-12-31 | $50.36 | $120.08 | x |
| 2004-12-31 | $53.38 | $120.08 | x |
| 2005-12-31 | $56.63 | $120.08 | x |
| 2006-12-31 | $60.94 | $120.08 | x |
| 2007-12-31 | $64.76 | $120.08 | x |
| 2008-12-31 | $68.57 | $120.08 | x |
| 2009-12-31 | $69.63 | $120.08 | x |
| 2010-12-31 | $70.83 | $120.08 | x |
| 2011-12-31 | $73.53 | $120.08 | x |
| 2013-12-31 | $76.29 | $120.08 | x |
| 2014-12-31 | $0.08 | $120.08 | x |
| 2015-12-31 | $0.09 | $120.08 | x |
| 2019-12-31 | $103.33 | $120.08 | x |
| 2020-12-31 | $111.71 | $120.08 | x |
| 2021-12-31 | $110.08 | $120.08 | x |
| 2022-12-31 | $78.70 | $120.08 | x |
| 2023-12-31 | $96.41 | $120.08 | x |
| 2024-12-31 | $103.88 | $120.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Killbuck Bancshares 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): 15.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.42%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 14.09x
- Recent ROE (15.33%) is above the historical average (9.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 10.38% | 16.95% | 0.07x | 8.41x | $110.00K |
| 2000 | 10.34% | 16.42% | 0.08x | 8.25x | $108.80K |
| 2001 | 8.91% | 14.91% | 0.07x | 8.51x | $-359.18K |
| 2002 | 9.41% | 19.00% | 0.06x | 8.28x | $-202.82K |
| 2003 | 9.42% | 20.83% | 0.05x | 8.34x | $-197.34K |
| 2004 | 9.67% | 22.72% | 0.05x | 8.31x | $-116.49K |
| 2005 | 11.37% | 23.55% | 0.06x | 8.04x | $505.94K |
| 2006 | 13.35% | 24.47% | 0.07x | 8.00x | $1.31 Million |
| 2007 | 11.93% | 21.17% | 0.07x | 8.18x | $792.93K |
| 2008 | 10.38% | 21.56% | 0.06x | 7.95x | $162.07K |
| 2009 | 7.28% | 17.88% | 0.05x | 8.64x | $-1.17 Million |
| 2010 | 6.82% | 17.57% | 0.04x | 9.27x | $-1.39 Million |
| 2011 | 6.36% | 17.59% | 0.04x | 9.65x | $-1.65 Million |
| 2012 | 7.00% | 20.10% | 0.04x | 9.84x | $-1.40 Million |
| 2013 | 0.01% | 25.81% | 0.00x | 9.94x | $-4.64 Million |
| 2014 | 8.28% | 28.22% | 0.03x | 9.71x | $-849.79 |
| 2015 | 8.85% | 28.63% | 0.03x | 9.53x | $-594.23 |
| 2019 | 12.86% | 31.11% | 0.05x | 9.10x | $1.78 Million |
| 2020 | 8.63% | 25.02% | 0.03x | 10.19x | $-920.29K |
| 2021 | 9.07% | 25.29% | 0.03x | 11.46x | $-620.00K |
| 2022 | 14.24% | 26.06% | 0.03x | 17.16x | $2.01 Million |
| 2023 | 14.86% | 23.31% | 0.04x | 14.58x | $2.83 Million |
| 2024 | 15.33% | 32.42% | 0.03x | 14.09x | $3.34 Million |
Industry Comparison
This section compares Killbuck Bancshares 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 |
|---|---|---|---|---|
| Killbuck Bancshares Inc (KLIB) | $51.68 Million | 10.38% | 8.53x | $65.17 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 |