First Seacoast Bancorp (FSEA) - Total Assets
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. Explore FSEA debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
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. See First Seacoast Bancorp (FSEA) shareholders funds for net asset value and shareholders' equity analysis.
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. For live market cap, price, and company overview, see First Seacoast Bancorp stock valuation.
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 |
|---|---|---|
|
Deutsche Bank Aktiengesellschaft
F:DBK
|
Germany | €1.48 Trillion |
|
Regions Financial Corporation
NYSE:RF
|
USA | $160.74 Billion |
|
Bank of Hangzhou Co Ltd
SHG:600926
|
China | CN¥2.44 Trillion |
|
Banco Santander Chile
SN:BSANTANDER
|
Chile | CL$69.90 Trillion |
|
Grupo Financiero Inbursa S.A.B. de C.V
MX:GFINBURO
|
Mexico | MX$860.26 Billion |
|
SpareBank 1 Sør-Norge ASA
OL:SB1NO
|
Norway | Nkr519.43 Billion |
|
Synovus Financial Corp
NYSE:SNV
|
USA | $60.49 Billion |
|
Bank of Queensland Ltd
AU:BOQ
|
Australia | AU$98.30 Billion |
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 | 0.10 |
| Asset Growth Rate (YoY) | 1.7% |
| Total Assets | $580.78 Million |
| Market Capitalization | $59.49 Million USD |
Valuation Analysis
Below Book Valuation: The market values First Seacoast Bancorp's assets below their book value (0.10x), 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 | -- |
About 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