Pioneer Bankshares Inc
Pioneer Bankshares, Inc. operates as the bank holding company for Pioneer Bank, Inc. that provides various banking and related financial services to individual consumers, small to medium size businesses, and professional community in the United States. The company offers various deposit products, which include business and personal checking accounts, savings accounts, and time and money market ac… Read more
Pioneer Bankshares Inc (PNBI) - Net Assets
Latest net assets as of September 2025: $40.69 Million USD
Based on the latest financial reports, Pioneer Bankshares Inc (PNBI) has net assets worth $40.69 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($345.65 Million) and total liabilities ($304.96 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 | $40.69 Million |
| % of Total Assets | 11.77% |
| Annual Growth Rate | 5.06% |
| 5-Year Change | 13.22% |
| 10-Year Change | 80.73% |
| Growth Volatility | 5.64 |
Pioneer Bankshares Inc - Net Assets Trend (1999–2024)
This chart illustrates how Pioneer Bankshares 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 Pioneer Bankshares Inc (1999–2024)
The table below shows the annual net assets of Pioneer Bankshares Inc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $37.16 Million | +8.51% |
| 2023-12-31 | $34.25 Million | +5.93% |
| 2022-12-31 | $32.33 Million | -7.16% |
| 2021-12-31 | $34.83 Million | +6.10% |
| 2020-12-31 | $32.82 Million | +5.81% |
| 2019-12-31 | $31.02 Million | +7.48% |
| 2018-12-31 | $28.86 Million | +5.28% |
| 2017-12-31 | $27.41 Million | +5.36% |
| 2016-12-31 | $26.02 Million | +26.53% |
| 2011-12-31 | $20.56 Million | +6.02% |
| 2010-12-31 | $19.39 Million | +8.26% |
| 2009-12-31 | $17.92 Million | +6.61% |
| 2008-12-31 | $16.80 Million | +3.26% |
| 2007-12-31 | $16.27 Million | +6.95% |
| 2006-12-31 | $15.22 Million | +9.13% |
| 2005-12-31 | $13.95 Million | +3.01% |
| 2004-12-31 | $13.54 Million | +2.83% |
| 2003-12-31 | $13.16 Million | +3.87% |
| 2002-12-31 | $12.68 Million | +3.41% |
| 2001-12-31 | $12.26 Million | +4.29% |
| 2000-12-31 | $11.75 Million | +8.53% |
| 1999-12-31 | $10.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pioneer Bankshares 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 280.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $39.08 Million | 105.17% |
| Common Stock | $500.00K | 1.35% |
| Other Comprehensive Income | $-2.42 Million | -6.51% |
| Total Equity | $37.16 Million | 100.00% |
Pioneer Bankshares Inc Competitors by Market Cap
The table below lists competitors of Pioneer Bankshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Voltaic Minerals Corp
V:VLT
|
$21.56 Million |
|
China HK Power Smart Energy Group Limited
OTCGREY:CHNTF
|
$21.56 Million |
|
Crown Seal Public Company Limited
BK:CSC
|
$21.57 Million |
|
SCD Co. Ltd
KQ:042110
|
$21.57 Million |
|
BBIA Co., Ltd.
KQ:451250
|
$21.55 Million |
|
GeneBioTech Co. Ltd
KQ:086060
|
$21.55 Million |
|
Anli International Co Ltd
TWO:5223
|
$21.55 Million |
|
Wotso
AU:WOT
|
$21.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pioneer Bankshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 34,247,000 to 37,163,000, a change of 2,916,000 (8.5%).
- Net income of 2,676,000 contributed positively to equity growth.
- Dividend payments of 997,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,154,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.68 Million | +7.2% |
| Dividends Paid | $997.00K | -2.68% |
| Other Comprehensive Income | $1.15 Million | +3.11% |
| Other Changes | $83.00K | +0.22% |
| Total Change | $- | 8.51% |
Book Value vs Market Value Analysis
This analysis compares Pioneer Bankshares 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: 2.82x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $9.23 | $25.30 | x |
| 2000-12-31 | $10.52 | $25.30 | x |
| 2001-12-31 | $11.00 | $25.30 | x |
| 2002-12-31 | $11.49 | $25.30 | x |
| 2003-12-31 | $12.02 | $25.30 | x |
| 2004-12-31 | $12.57 | $25.30 | x |
| 2005-12-31 | $13.52 | $25.30 | x |
| 2006-12-31 | $15.02 | $25.30 | x |
| 2007-12-31 | $16.07 | $25.30 | x |
| 2008-12-31 | $16.55 | $25.30 | x |
| 2009-12-31 | $17.51 | $25.30 | x |
| 2010-12-31 | $18.81 | $25.30 | x |
| 2011-12-31 | $19.83 | $25.30 | x |
| 2016-12-31 | $26.90 | $25.30 | x |
| 2017-12-31 | $28.22 | $25.30 | x |
| 2018-12-31 | $29.59 | $25.30 | x |
| 2019-12-31 | $31.64 | $25.30 | x |
| 2020-12-31 | $33.28 | $25.30 | x |
| 2021-12-31 | $35.12 | $25.30 | x |
| 2022-12-31 | $32.32 | $25.30 | x |
| 2023-12-31 | $34.63 | $25.30 | x |
| 2024-12-31 | $8.97 | $25.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pioneer Bankshares 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): 7.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.44%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 9.28x
- Recent ROE (7.20%) is below the historical average (8.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 14.24% | 36.61% | 0.04x | 9.33x | $459.46K |
| 2000 | 11.85% | 28.03% | 0.05x | 8.56x | $217.56K |
| 2001 | 10.06% | 11.56% | 0.09x | 9.47x | $7.30K |
| 2002 | 7.66% | 8.98% | 0.09x | 9.87x | $-296.50K |
| 2003 | 9.98% | 13.62% | 0.08x | 9.19x | $-2.50K |
| 2004 | 11.54% | 17.38% | 0.07x | 9.84x | $208.30K |
| 2005 | 10.51% | 15.30% | 0.07x | 10.25x | $70.50K |
| 2006 | 10.92% | 15.08% | 0.07x | 9.96x | $140.20K |
| 2007 | 10.76% | 14.55% | 0.08x | 9.33x | $124.50K |
| 2008 | 6.61% | 10.18% | 0.07x | 9.29x | $-569.50K |
| 2009 | 6.85% | 11.50% | 0.07x | 8.93x | $-563.60K |
| 2010 | 9.58% | 17.62% | 0.06x | 8.67x | $-80.50K |
| 2011 | 8.06% | 15.77% | 0.06x | 8.13x | $-399.30K |
| 2016 | 6.24% | 15.57% | 0.05x | 7.49x | $-978.90K |
| 2017 | 7.45% | 18.19% | 0.06x | 7.42x | $-700.40K |
| 2018 | 7.72% | 19.63% | 0.05x | 7.40x | $-657.20K |
| 2019 | 8.50% | 20.87% | 0.05x | 7.49x | $-466.20K |
| 2020 | 7.80% | 20.44% | 0.05x | 8.06x | $-722.30K |
| 2021 | 10.25% | 25.88% | 0.05x | 8.34x | $85.50K |
| 2022 | 7.94% | 20.42% | 0.04x | 9.07x | $-666.00K |
| 2023 | 5.54% | 12.30% | 0.05x | 9.41x | $-1.53 Million |
| 2024 | 7.20% | 20.44% | 0.04x | 9.28x | $-1.04 Million |
Industry Comparison
This section compares Pioneer Bankshares 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 |
|---|---|---|---|---|
| Pioneer Bankshares Inc (PNBI) | $40.69 Million | 14.24% | 7.50x | $21.56 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 |