Lakeside Bancshares Inc
Lakeside Bancshares, Inc. operates as the bank holding company for Lakeside Bank that provides various banking products and services in Southwest Louisiana. The company accepts various deposits, such as checking and savings accounts. Its loan products include construction, mortgage, property, home equity lines of credit personal, auto, recreational vehicle, and business loans. The company also of… Read more
Lakeside Bancshares Inc (LKSB) - Net Assets
Latest net assets as of : $- USD
Based on the latest financial reports, Lakeside Bancshares Inc (LKSB) 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 | 5.71% |
| 5-Year Change | 26.76% |
| 10-Year Change | N/A |
| Growth Volatility | 1.79 |
Lakeside Bancshares Inc - Net Assets Trend (2019–2024)
This chart illustrates how Lakeside 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 Lakeside Bancshares Inc (2019–2024)
The table below shows the annual net assets of Lakeside Bancshares Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $33.98 Million | +4.27% |
| 2023-12-31 | $32.59 Million | +7.90% |
| 2022-12-31 | $30.20 Million | +7.94% |
| 2021-12-31 | $27.98 Million | +4.38% |
| 2020-12-31 | $26.81 Million | +4.13% |
| 2019-12-31 | $25.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lakeside 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 0.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.95 Million | 8.69% |
| Common Stock | $2.10 Million | 6.17% |
| Other Components | $28.93 Million | 85.13% |
| Total Equity | $33.98 Million | 100.00% |
Lakeside Bancshares Inc Competitors by Market Cap
The table below lists competitors of Lakeside Bancshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARBUTHNOT BANKING
BE:RX2
|
$103.56K |
|
Cobra Venture Corporation
PINK:CBVTF
|
$103.58K |
|
Blue Acquisition Corp. Unit
NASDAQ:BACCU
|
$103.62K |
|
Medinah Minerals Inc
PINK:MDMN
|
$103.66K |
|
Canadian Large Cap Leaders
TO:NPS
|
$103.46K |
|
FNSTech Co. Ltd.
KO:083500
|
$103.39K |
|
Loop Media Inc
PINK:LPTV
|
$103.38K |
|
Sprott Physical Copper Trust
TO:COP-UN
|
$103.36K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lakeside Bancshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,624,922 to 33,978,782, a change of 1,353,860 (4.1%).
- Net income of 1,537,772 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.54 Million | +4.53% |
| Other Changes | $-183.91K | -0.54% |
| Total Change | $- | 4.15% |
Book Value vs Market Value Analysis
This analysis compares Lakeside 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: 0.65x
- 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 0.85x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $12.29 | $10.50 | x |
| 2020-12-31 | $12.78 | $10.50 | x |
| 2021-12-31 | $13.34 | $10.50 | x |
| 2022-12-31 | $14.39 | $10.50 | x |
| 2023-12-31 | $15.55 | $10.50 | x |
| 2024-12-31 | $16.19 | $10.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lakeside 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): 4.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.84%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 10.76x
- Recent ROE (4.53%) is below the historical average (5.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 3.50% | 11.15% | 0.02x | 12.58x | $-1.74 Million |
| 2021 | 4.66% | 12.93% | 0.03x | 11.78x | $-1.49 Million |
| 2022 | 7.33% | 17.86% | 0.04x | 11.68x | $-806.22K |
| 2023 | 7.38% | 20.73% | 0.03x | 10.98x | $-854.28K |
| 2024 | 4.53% | 8.84% | 0.05x | 10.76x | $-1.86 Million |
Industry Comparison
This section compares Lakeside 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 |
|---|---|---|---|---|
| Lakeside Bancshares Inc (LKSB) | $- | 3.50% | N/A | $103.49K |
| 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 |