National Bank of Coxsackie
NBC Bancorp, Inc., through its subsidiary, National Bank of Coxsackie provides various banking products and services to individual and small business customers in the United States. The company offers checking and savings accounts, certificates of deposits, young adult accounts, holiday clubs, and business smart yield money market accounts. It also offers auto, motorcycle, motorhome, camping trai… Read more
National Bank of Coxsackie (NCXS) - Net Assets
Latest net assets as of June 2025: $33.77 Million USD
Based on the latest financial reports, National Bank of Coxsackie (NCXS) has net assets worth $33.77 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($521.85 Million) and total liabilities ($488.09 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 | $33.77 Million |
| % of Total Assets | 6.47% |
| Annual Growth Rate | 1.93% |
| 5-Year Change | -0.91% |
| 10-Year Change | N/A |
| Growth Volatility | 14.25 |
National Bank of Coxsackie - Net Assets Trend (2019–2024)
This chart illustrates how National Bank of Coxsackie's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for National Bank of Coxsackie (2019–2024)
The table below shows the annual net assets of National Bank of Coxsackie from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $31.67 Million | +8.24% |
| 2023-12-31 | $29.26 Million | +16.21% |
| 2022-12-31 | $25.18 Million | -24.33% |
| 2021-12-31 | $33.27 Million | +4.11% |
| 2020-12-31 | $31.96 Million | +11.05% |
| 2019-12-31 | $28.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to National Bank of Coxsackie'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 114.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $18.74 Million | 59.19% |
| Common Stock | $2.37 Million | 7.47% |
| Other Components | $10.56 Million | 33.34% |
| Total Equity | $31.67 Million | 100.00% |
National Bank of Coxsackie Competitors by Market Cap
The table below lists competitors of National Bank of Coxsackie ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Song Ho Industrial Co Ltd
TWO:5016
|
$18.39 Million |
|
Isbir Sentetik Dokuma Sanayi AS
IS:ISSEN
|
$18.40 Million |
|
Shian Yih Electronic Industry Co Ltd
TWO:3531
|
$18.41 Million |
|
Jiangsu Boxin Investing & Holdings Co Ltd
SHG:600083
|
$18.41 Million |
|
A2Z Infra Engineering Limited
NSE:A2ZINFRA
|
$18.39 Million |
|
464680
KQ:464680
|
$18.38 Million |
|
Fiplasto SA
BA:FIPL
|
$18.37 Million |
|
Gayatri Projects Limited
NSE:GAYAPROJ
|
$18.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in National Bank of Coxsackie's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,259,734 to 31,669,724, a change of 2,409,990 (8.2%).
- Net income of 1,216,324 contributed positively to equity growth.
- Dividend payments of 118,310 reduced retained earnings.
- Other comprehensive income increased equity by 8,244,358.
- Other factors decreased equity by 6,932,382.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.22 Million | +3.84% |
| Dividends Paid | $118.31K | -0.37% |
| Other Comprehensive Income | $8.24 Million | +26.03% |
| Other Changes | $-6.93 Million | -21.89% |
| Total Change | $- | 8.24% |
Book Value vs Market Value Analysis
This analysis compares National Bank of Coxsackie'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: 0.72x
- 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 |
|---|---|---|---|
| 2019-12-31 | $60.81 | $48.00 | x |
| 2020-12-31 | $67.54 | $48.00 | x |
| 2021-12-31 | $70.31 | $48.00 | x |
| 2022-12-31 | $53.20 | $48.00 | x |
| 2023-12-31 | $61.83 | $48.00 | x |
| 2024-12-31 | $66.92 | $48.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently National Bank of Coxsackie 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): 3.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.11%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 16.81x
- Recent ROE (3.84%) is below the historical average (7.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 5.97% | 13.85% | 0.04x | 11.33x | $-1.16 Million |
| 2020 | 7.48% | 17.51% | 0.03x | 12.94x | $-806.68K |
| 2021 | 12.41% | 24.69% | 0.04x | 14.03x | $801.10K |
| 2022 | 13.99% | 20.29% | 0.03x | 20.12x | $1.00 Million |
| 2023 | 2.95% | 4.14% | 0.04x | 18.65x | $-2.06 Million |
| 2024 | 3.84% | 5.11% | 0.04x | 16.81x | $-1.95 Million |
Industry Comparison
This section compares National Bank of Coxsackie'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 |
|---|---|---|---|---|
| National Bank of Coxsackie (NCXS) | $33.77 Million | 5.97% | 14.45x | $18.39 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 |