Southeastern Banking Corp
Southeastern Banking Corporation operates as a bank holding company for Southeastern Bank that provides commercial and consumer banking products and services in the United States. The company offers checking, savings, and money market accounts, as well as certificates of deposit. It also provides home equity, construction, auto, personal, boat and recreational vehicle, business term, real estate,… Read more
Southeastern Banking Corp (SEBC) - Net Assets
Latest net assets as of September 2025: $83.22 Million USD
Based on the latest financial reports, Southeastern Banking Corp (SEBC) has net assets worth $83.22 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 ($605.57 Million) and total liabilities ($522.34 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 | $83.22 Million |
| % of Total Assets | 13.74% |
| Annual Growth Rate | 3.1% |
| 5-Year Change | 14.42% |
| 10-Year Change | 61.48% |
| Growth Volatility | 7.55 |
Southeastern Banking Corp - Net Assets Trend (1995–2024)
This chart illustrates how Southeastern Banking Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Southeastern Banking Corp (1995–2024)
The table below shows the annual net assets of Southeastern Banking Corp from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $74.56 Million | +6.79% |
| 2023-12-31 | $69.82 Million | +17.00% |
| 2022-12-31 | $59.68 Million | -9.30% |
| 2021-12-31 | $65.80 Million | +0.97% |
| 2020-12-31 | $65.17 Million | +9.50% |
| 2019-12-31 | $59.51 Million | +7.77% |
| 2018-12-31 | $55.22 Million | +9.25% |
| 2017-12-31 | $50.54 Million | +3.53% |
| 2016-12-31 | $48.82 Million | +5.72% |
| 2015-12-31 | $46.18 Million | +3.91% |
| 2014-12-31 | $44.44 Million | +10.75% |
| 2011-12-31 | $40.12 Million | -10.45% |
| 2010-12-31 | $44.81 Million | -20.78% |
| 2009-12-31 | $56.56 Million | -1.09% |
| 2008-12-31 | $57.18 Million | +0.79% |
| 2007-12-31 | $56.74 Million | +8.72% |
| 2006-12-31 | $52.19 Million | +5.64% |
| 2005-12-31 | $49.40 Million | +0.32% |
| 2004-12-31 | $49.24 Million | +3.09% |
| 2003-12-31 | $47.77 Million | +0.50% |
| 2002-12-31 | $47.53 Million | +4.24% |
| 2001-12-31 | $45.60 Million | +2.84% |
| 2000-12-31 | $44.34 Million | +7.74% |
| 1999-12-31 | $41.15 Million | +0.01% |
| 1998-12-31 | $41.15 Million | +8.67% |
| 1997-12-31 | $37.87 Million | +11.37% |
| 1996-12-31 | $34.00 Million | +10.50% |
| 1995-12-31 | $30.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Southeastern Banking Corp'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 252.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $87.13 Million | 116.85% |
| Common Stock | $4.48 Million | 6.00% |
| Total Equity | $74.56 Million | 100.00% |
Southeastern Banking Corp Competitors by Market Cap
The table below lists competitors of Southeastern Banking Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Precision System Science Co. Ltd.
PINK:PCNEF
|
$44.57 Million |
|
Twinhead International Corp
TW:2364
|
$44.59 Million |
|
Kunyue Development Co Ltd
TWO:5206
|
$44.60 Million |
|
Ok Biotech Co Ltd
TW:4155
|
$44.61 Million |
|
Commencement Bancorp Inc
OTCQX:CBWA
|
$44.57 Million |
|
Megasoft Limited
NSE:MEGASOFT
|
$44.57 Million |
|
Shih Kuen Plastics Co Ltd
TWO:4305
|
$44.57 Million |
|
SYN prop e tech S.A.
SA:SYNE3
|
$44.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southeastern Banking Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,822,132 to 74,562,976, a change of 4,740,844 (6.8%).
- Net income of 10,635,600 contributed positively to equity growth.
- Dividend payments of 5,611,856 reduced retained earnings.
- Other comprehensive income increased equity by 9,682,999.
- Other factors decreased equity by 9,965,899.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $10.64 Million | +14.26% |
| Dividends Paid | $5.61 Million | -7.53% |
| Other Comprehensive Income | $9.68 Million | +12.99% |
| Other Changes | $-9.97 Million | -13.37% |
| Total Change | $- | 6.79% |
Book Value vs Market Value Analysis
This analysis compares Southeastern Banking Corp'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: 0.95x
- 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 2.62x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $8.58 | $22.48 | x |
| 1996-12-31 | $9.48 | $22.48 | x |
| 1997-12-31 | $10.59 | $22.48 | x |
| 1998-12-31 | $11.52 | $22.48 | x |
| 1999-12-31 | $11.46 | $22.48 | x |
| 2000-12-31 | $12.76 | $22.48 | x |
| 2001-12-31 | $13.47 | $22.48 | x |
| 2002-12-31 | $14.15 | $22.48 | x |
| 2003-12-31 | $14.35 | $22.48 | x |
| 2004-12-31 | $14.88 | $22.48 | x |
| 2005-12-31 | $15.03 | $22.48 | x |
| 2006-12-31 | $16.19 | $22.48 | x |
| 2007-12-31 | $17.71 | $22.48 | x |
| 2008-12-31 | $18.00 | $22.48 | x |
| 2009-12-31 | $17.92 | $22.48 | x |
| 2010-12-31 | $14.31 | $22.48 | x |
| 2011-12-31 | $12.82 | $22.48 | x |
| 2013-12-31 | $11.39 | $22.48 | x |
| 2014-12-31 | $14.20 | $22.48 | x |
| 2015-12-31 | $14.76 | $22.48 | x |
| 2016-12-31 | $15.60 | $22.48 | x |
| 2017-12-31 | $16.11 | $22.48 | x |
| 2018-12-31 | $17.59 | $22.48 | x |
| 2019-12-31 | $18.93 | $22.48 | x |
| 2020-12-31 | $20.68 | $22.48 | x |
| 2021-12-31 | $20.88 | $22.48 | x |
| 2022-12-31 | $18.94 | $22.48 | x |
| 2023-12-31 | $22.16 | $22.48 | x |
| 2024-12-31 | $23.61 | $22.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southeastern Banking Corp 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): 14.26%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.60%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 8.07x
- Recent ROE (14.26%) is above the historical average (8.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 13.93% | 29.23% | 0.05x | 9.65x | $1.21 Million |
| 1996 | 14.13% | 27.99% | 0.05x | 9.88x | $1.40 Million |
| 1997 | 12.47% | 26.96% | 0.05x | 9.19x | $935.03K |
| 1998 | 10.67% | 27.23% | 0.05x | 8.21x | $277.57K |
| 1999 | 11.78% | 16.46% | 0.09x | 8.28x | $733.87K |
| 2000 | 11.13% | 16.10% | 0.09x | 7.88x | $501.08K |
| 2001 | 8.99% | 14.09% | 0.08x | 7.79x | $-462.61K |
| 2002 | 10.01% | 17.88% | 0.07x | 7.96x | $5.88K |
| 2003 | 10.89% | 20.98% | 0.07x | 7.84x | $424.50K |
| 2004 | 11.79% | 23.56% | 0.06x | 8.14x | $879.29K |
| 2005 | 13.11% | 24.52% | 0.07x | 7.87x | $1.53 Million |
| 2006 | 12.60% | 21.74% | 0.07x | 7.86x | $1.36 Million |
| 2007 | 12.39% | 20.50% | 0.08x | 7.69x | $1.36 Million |
| 2008 | 6.21% | 12.08% | 0.07x | 7.61x | $-2.17 Million |
| 2009 | 1.30% | 2.87% | 0.06x | 7.44x | $-4.92 Million |
| 2010 | -28.22% | -59.22% | 0.05x | 9.54x | $-17.13 Million |
| 2011 | -12.44% | -25.96% | 0.05x | 10.38x | $-9.00 Million |
| 2013 | 3.18% | 8.15% | 0.04x | 10.38x | $-2.43 Million |
| 2014 | 17.84% | 57.22% | 0.04x | 8.77x | $3.48 Million |
| 2015 | 5.77% | 16.67% | 0.04x | 8.73x | $-1.95 Million |
| 2016 | 7.93% | 21.34% | 0.04x | 8.48x | $-1.01 Million |
| 2017 | 5.78% | 15.74% | 0.04x | 8.53x | $-2.13 Million |
| 2018 | 12.39% | 31.53% | 0.05x | 7.60x | $1.32 Million |
| 2019 | 11.18% | 31.04% | 0.05x | 7.74x | $703.19K |
| 2020 | 8.77% | 26.73% | 0.04x | 8.33x | $-804.24K |
| 2021 | 11.40% | 33.76% | 0.03x | 9.76x | $922.40K |
| 2022 | 15.19% | 34.89% | 0.04x | 11.26x | $3.10 Million |
| 2023 | 15.16% | 34.04% | 0.05x | 8.84x | $3.61 Million |
| 2024 | 14.26% | 31.60% | 0.06x | 8.07x | $3.18 Million |
Industry Comparison
This section compares Southeastern Banking Corp'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 |
|---|---|---|---|---|
| Southeastern Banking Corp (SEBC) | $83.22 Million | 13.93% | 6.28x | $44.57 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 |