Temecula Valley Bancorp Inc
Temecula Valley Bancorp Inc. operates as the bank holding company for Temecula Valley Bank that provides various banking products and services in California. Its deposit accounts include demand, savings, money market, and time accounts, as well as certificates of deposit. The company principally originates construction and/or real estate secured loans, including construction loans on one-to-four-… Read more
Temecula Valley Bancorp Inc (TMCV) - Net Assets
Latest net assets as of March 2009: $10.45 Million USD
Based on the latest financial reports, Temecula Valley Bancorp Inc (TMCV) has net assets worth $10.45 Million USD as of March 2009.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.50 Billion) and total liabilities ($1.48 Billion). 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 | $10.45 Million |
| % of Total Assets | 0.7% |
| Annual Growth Rate | 24.17% |
| 5-Year Change | 8.65% |
| 10-Year Change | 573.36% |
| Growth Volatility | 35.55 |
Temecula Valley Bancorp Inc - Net Assets Trend (1998–2008)
This chart illustrates how Temecula Valley Bancorp 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 Temecula Valley Bancorp Inc (1998–2008)
The table below shows the annual net assets of Temecula Valley Bancorp Inc from 1998 to 2008.
| Year | Net Assets | Change |
|---|---|---|
| 2008-12-31 | $46.62 Million | -56.82% |
| 2007-12-31 | $107.96 Million | +4.55% |
| 2006-12-31 | $103.26 Million | +77.49% |
| 2005-12-31 | $58.18 Million | +35.61% |
| 2004-12-31 | $42.90 Million | +44.54% |
| 2003-12-31 | $29.68 Million | +51.32% |
| 2002-12-31 | $19.62 Million | +29.87% |
| 2001-12-31 | $15.10 Million | +69.00% |
| 2000-12-31 | $8.94 Million | +29.10% |
| 1999-12-31 | $6.92 Million | +29.42% |
| 1998-12-31 | $5.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Temecula Valley Bancorp 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 1053600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2008)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.54 Million | 22.60% |
| Common Stock | $36.22 Million | 77.70% |
| Other Comprehensive Income | $-140.00K | -0.30% |
| Total Equity | $46.62 Million | 100.00% |
Temecula Valley Bancorp Inc Competitors by Market Cap
The table below lists competitors of Temecula Valley Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Yanyuan Yuhui National Education Group Inc
PINK:YYYH
|
$0.97 |
|
Digitiliti Inc
PINK:DIGI
|
$0.97 |
|
X-Factor Communications Holdings Inc
PINK:XFCH
|
$0.97 |
|
Snoogoo Corp
PINK:SGOO
|
$0.97 |
|
GBX International Group Inc
PINK:GBXI
|
$0.97 |
|
SED International Holdings Inc
PINK:SEDN
|
$0.97 |
|
AmeriStar Network Inc
PINK:AMWK
|
$0.97 |
|
Medican Enterprises
PINK:MDCN
|
$0.97 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Temecula Valley Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2007 to 2008, total equity changed from 107,959,000 to 46,615,000, a change of -61,344,000 (-56.8%).
- Net loss of 59,039,000 reduced equity.
- Dividend payments of 1,611,000 reduced retained earnings.
- Share repurchases of 2,043,000 reduced equity.
- Other comprehensive income decreased equity by 140,000.
- Other factors increased equity by 1,489,000.
Equity Change Factors (2007 to 2008)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-59.04 Million | -126.65% |
| Dividends Paid | $1.61 Million | -3.46% |
| Share Repurchases | $2.04 Million | -4.38% |
| Other Comprehensive Income | $-140.00K | -0.3% |
| Other Changes | $1.49 Million | +3.19% |
| Total Change | $- | -56.82% |
Book Value vs Market Value Analysis
This analysis compares Temecula Valley Bancorp 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 |
|---|---|---|---|
| 1998-12-31 | $1.02 | $0.00 | x |
| 1999-12-31 | $1.16 | $0.00 | x |
| 2000-12-31 | $1.56 | $0.00 | x |
| 2001-12-31 | $2.14 | $0.00 | x |
| 2002-12-31 | $2.34 | $0.00 | x |
| 2003-12-31 | $3.36 | $0.00 | x |
| 2004-12-31 | $4.58 | $0.00 | x |
| 2005-12-31 | $6.09 | $0.00 | x |
| 2006-12-31 | $10.56 | $0.00 | x |
| 2007-12-31 | $10.03 | $0.00 | x |
| 2008-12-31 | $4.64 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Temecula Valley Bancorp 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): -126.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -62.37%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 32.47x
- Recent ROE (-126.65%) is below the historical average (3.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 9.35% | 14.43% | 0.06x | 10.81x | $-34.85K |
| 1999 | 7.74% | 13.92% | 0.05x | 12.29x | $-156.22K |
| 2000 | 14.10% | 20.89% | 0.05x | 13.18x | $366.58K |
| 2001 | 11.94% | 8.60% | 0.11x | 12.58x | $293.19K |
| 2002 | 21.37% | 12.17% | 0.11x | 15.83x | $2.23 Million |
| 2003 | 26.46% | 16.24% | 0.11x | 14.53x | $4.89 Million |
| 2004 | 24.66% | 16.98% | 0.10x | 14.14x | $6.29 Million |
| 2005 | 23.98% | 17.03% | 0.09x | 14.94x | $8.13 Million |
| 2006 | 16.39% | 14.88% | 0.09x | 11.99x | $6.59 Million |
| 2007 | 14.02% | 11.47% | 0.10x | 12.21x | $4.34 Million |
| 2008 | -126.65% | -62.37% | 0.06x | 32.47x | $-63.70 Million |
Industry Comparison
This section compares Temecula Valley Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $16,924,188,763
- Average return on equity (ROE) among peers: 8.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Temecula Valley Bancorp Inc (TMCV) | $10.45 Million | 9.35% | 142.06x | $0.97 |
| Ameris Bancorp (ABCB) | $293.77 Million | 7.18% | 9.19x | $4.91 Billion |
| ACNB Corporation (ACNB) | $49.44 Million | 14.38% | 8.56x | $474.47 Million |
| Addiko Bank AG (ADBKF) | $851.70 Million | 0.16% | 5.94x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $117.10 Million | 6.09% | 5.76x | $79.30 Million |
| Absa Group Limited (AGRPF) | $85.20 Billion | 14.06% | 10.26x | $6.72 Billion |
| AIB Group plc (AIBGY) | $13.66 Billion | 4.74% | 8.36x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $62.92 Billion | 9.95% | 6.60x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $5.78 Billion | 1.48% | 10.55x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $18.00 Million | 9.85% | 14.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |