First Seacoast Bancorp
First Seacoast Bancorp, Inc. operates as the holding company for First Seacoast Bank that provides banking and wealth management services for individuals and businesses. The company offers interest-bearing and non-interest-bearing checking, savings, and money market accounts, as well as time deposits. It also provides various lending products comprising one- to four-family residential real estate… Read more
First Seacoast Bancorp (FSEA) - Total Assets
Latest total assets as of September 2025: $609.63 Million USD
Based on the latest financial reports, First Seacoast Bancorp (FSEA) holds total assets worth $609.63 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
First Seacoast Bancorp - Total Assets Trend (2017–2024)
This chart illustrates how First Seacoast Bancorp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Seacoast Bancorp - Asset Composition Analysis
Current Asset Composition (December 2024)
First Seacoast Bancorp's total assets of $609.63 Million consist of 22.3% current assets and 77.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.2% |
| Accounts Receivable | $2.10 Million | 0.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $629.00K | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how First Seacoast Bancorp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Seacoast Bancorp's current assets represent 22.3% of total assets in 2024, an increase from 11.3% in 2017.
- Cash Position: Cash and equivalents constituted 1.2% of total assets in 2024, down from 3.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
First Seacoast Bancorp Competitors by Total Assets
Key competitors of First Seacoast Bancorp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
First Seacoast Bancorp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - First Seacoast Bancorp generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - First Seacoast Bancorp is currently not profitable relative to its asset base.
First Seacoast Bancorp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.34 | 0.34 | 0.20 |
| Quick Ratio | 0.34 | 0.34 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-315.76 Million | $ -295.81 Million | $ -262.01 Million |
First Seacoast Bancorp - Advanced Valuation Insights
This section examines the relationship between First Seacoast Bancorp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.94 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 1.7% |
| Total Assets | $580.78 Million |
| Market Capitalization | $43.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values First Seacoast Bancorp's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: First Seacoast Bancorp's assets grew by 1.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for First Seacoast Bancorp (2017–2024)
The table below shows the annual total assets of First Seacoast Bancorp from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $580.78 Million | +1.71% |
| 2023-12-31 | $571.03 Million | +6.25% |
| 2022-12-31 | $537.42 Million | +10.34% |
| 2021-12-31 | $487.07 Million | +9.93% |
| 2020-12-31 | $443.06 Million | +8.20% |
| 2019-12-31 | $409.49 Million | +5.78% |
| 2018-12-31 | $387.11 Million | +7.61% |
| 2017-12-31 | $359.75 Million | -- |