Piedmont Community Bank Group Inc
Piedmont Community Bank Group, Inc. operates as the bank holding company for Piedmont Community Bank, which offers various commercial banking services to residents and small businesses in Georgia. The company offers various deposit products, including checking, money market, savings, individual retirement, time deposit accounts, demand deposits, and certificates of deposit. The company loan portf… Read more
Piedmont Community Bank Group Inc (PCBN) - Net Assets
Latest net assets as of June 2009: $13.83 Million USD
Based on the latest financial reports, Piedmont Community Bank Group Inc (PCBN) has net assets worth $13.83 Million USD as of June 2009.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($259.98 Million) and total liabilities ($246.15 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 | $13.83 Million |
| % of Total Assets | 5.32% |
| Annual Growth Rate | 1.84% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.97 |
Piedmont Community Bank Group Inc - Net Assets Trend (2005–2008)
This chart illustrates how Piedmont Community Bank Group 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 Piedmont Community Bank Group Inc (2005–2008)
The table below shows the annual net assets of Piedmont Community Bank Group Inc from 2005 to 2008.
| Year | Net Assets | Change |
|---|---|---|
| 2008-12-31 | $16.07 Million | -6.42% |
| 2007-12-31 | $17.17 Million | +6.31% |
| 2006-12-31 | $16.15 Million | +6.16% |
| 2005-12-31 | $15.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Piedmont Community Bank Group 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 decreased by 14393300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2008)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $16.33 Million | 101.66% |
| Other Comprehensive Income | $204.35K | 1.27% |
| Total Equity | $16.07 Million | 100.00% |
Piedmont Community Bank Group Inc Competitors by Market Cap
The table below lists competitors of Piedmont Community Bank Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Here Media Inc
PINK:HRDIL
|
$1.98 |
|
1st Prestige Wealth Management Inc
PINK:FPWM
|
$1.98 |
|
Zhaoheng Hydropower Ltd
PINK:ZHYLF
|
$1.98 |
|
Chester Mining Company
PINK:CHMN
|
$1.98 |
|
Sanwire Corporation
PINK:SNWR
|
$1.98 |
|
ORHub Inc
PINK:ORHB
|
$1.98 |
|
Beneficial Holdings Inc
PINK:BFHJ
|
$1.98 |
|
TransGlobal Assets Inc
PINK:TMSH
|
$1.97 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Piedmont Community Bank Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2007 to 2008, total equity changed from 17,170,467 to 16,067,975, a change of -1,102,492 (-6.4%).
- Net loss of 1,544,000 reduced equity.
- Other comprehensive income increased equity by 196,730.
- Other factors increased equity by 244,778.
Equity Change Factors (2007 to 2008)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.54 Million | -9.61% |
| Other Comprehensive Income | $196.73K | +1.22% |
| Other Changes | $244.78K | +1.52% |
| Total Change | $- | -6.42% |
Book Value vs Market Value Analysis
This analysis compares Piedmont Community Bank Group 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: 0.00x
- 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 |
|---|---|---|---|
| 2006-12-31 | $11.67 | $0.00 | x |
| 2007-12-31 | $10.37 | $0.00 | x |
| 2008-12-31 | $9.85 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Piedmont Community Bank Group 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): -9.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -32.62%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 16.06x
- Recent ROE (-9.61%) is below the historical average (1.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 6.90% | 36.57% | 0.03x | 6.13x | $-470.30K |
| 2006 | 4.53% | 16.37% | 0.03x | 8.73x | $-883.53K |
| 2007 | 3.90% | 11.22% | 0.03x | 12.41x | $-1.05 Million |
| 2008 | -9.61% | -32.62% | 0.02x | 16.06x | $-3.15 Million |
Industry Comparison
This section compares Piedmont Community Bank Group 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 |
|---|---|---|---|---|
| Piedmont Community Bank Group Inc (PCBN) | $13.83 Million | 6.90% | 17.80x | $1.98 |
| 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 |