Morris State Bancshares Inc
Morris State Bancshares, Inc. operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia. The company provides checking, savings, negotiable order of withdrawal (NOW), and individual retirement accounts; demand, savings, and other time deposits; and CDARS and ICS. It also offers personal, home, home equity line of c… Read more
Morris State Bancshares Inc (MBLU) - Total Assets
Latest total assets as of June 2025: $1.55 Billion USD
Based on the latest financial reports, Morris State Bancshares Inc (MBLU) holds total assets worth $1.55 Billion USD as of June 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.
Morris State Bancshares Inc - Total Assets Trend (2016–2023)
This chart illustrates how Morris State Bancshares Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Morris State Bancshares Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Morris State Bancshares Inc's total assets of $1.55 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.3% |
| Accounts Receivable | $6.42 Million | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.68 Million | 0.1% |
| Goodwill | $9.36 Million | 0.7% |
Asset Composition Trend (2016–2023)
This chart illustrates how Morris State Bancshares Inc'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: Morris State Bancshares Inc's current assets represent 0.0% of total assets in 2023, a decrease from 6.0% in 2016.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2023, down from 4.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 0.7% of total assets.
Morris State Bancshares Inc Competitors by Total Assets
Key competitors of Morris State Bancshares Inc 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 |
Morris State Bancshares Inc - 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 - Morris State Bancshares Inc generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Morris State Bancshares Inc generates $ 1.36 in net profit.
Morris State Bancshares Inc - 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 | 0.08 | 0.14 | 0.10 |
| Quick Ratio | 0.08 | 0.14 | 0.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.14 Billion | $ -1.01 Billion | $ -808.96 Million |
Morris State Bancshares Inc - Advanced Valuation Insights
This section examines the relationship between Morris State Bancshares Inc'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 | 1.33 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | $1.42 Billion |
| Market Capitalization | $148.42 Million USD |
Valuation Analysis
Below Book Valuation: The market values Morris State Bancshares Inc's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Morris State Bancshares Inc's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Morris State Bancshares Inc (2016–2023)
The table below shows the annual total assets of Morris State Bancshares Inc from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.42 Billion | -0.06% |
| 2022-12-31 | $1.43 Billion | +1.16% |
| 2021-12-31 | $1.41 Billion | +12.78% |
| 2020-12-31 | $1.25 Billion | +24.12% |
| 2019-12-31 | $1.01 Billion | +34.25% |
| 2018-12-31 | $750.07 Million | +10.37% |
| 2017-12-31 | $679.58 Million | +11.26% |
| 2016-12-31 | $610.79 Million | -- |