Prime Meridian Holding Company
Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides community banking services to individual and corporate clients in the United States. The company offers checking, money market, savings, certificates of deposit, interest-bearing and noninterest-bearing, health savings, and NOW accounts, as well as time deposits. Its loan products include sma… Read more
Prime Meridian Holding Company (PMHG) - Total Assets
Latest total assets as of June 2025: $993.23 Million USD
Based on the latest financial reports, Prime Meridian Holding Company (PMHG) holds total assets worth $993.23 Million 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.
Prime Meridian Holding Company - Total Assets Trend (2011–2023)
This chart illustrates how Prime Meridian Holding Company’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Prime Meridian Holding Company - Asset Composition Analysis
Current Asset Composition (December 2023)
Prime Meridian Holding Company's total assets of $993.23 Million consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.6% |
| Accounts Receivable | $3.11 Million | 0.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2011–2023)
This chart illustrates how Prime Meridian Holding Company'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: Prime Meridian Holding Company's current assets represent 0.0% of total assets in 2023, unchanged from 0.0% in 2011.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2023, up from 1.1% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Prime Meridian Holding Company Competitors by Total Assets
Key competitors of Prime Meridian Holding Company 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 |
Prime Meridian Holding Company - 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 - Prime Meridian Holding Company 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, Prime Meridian Holding Company generates $ 1.02 in net profit.
Prime Meridian Holding Company - 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 | 0.04 | 0.17 | 0.16 |
| Quick Ratio | 0.04 | 0.17 | 0.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-712.53 Million | $ -648.85 Million | $ -297.95 Million |
Prime Meridian Holding Company - Advanced Valuation Insights
This section examines the relationship between Prime Meridian Holding Company'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 | 1.97 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 4.8% |
| Total Assets | $854.53 Million |
| Market Capitalization | $72.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values Prime Meridian Holding Company's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Prime Meridian Holding Company's assets grew by 4.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Prime Meridian Holding Company (2011–2023)
The table below shows the annual total assets of Prime Meridian Holding Company from 2011 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $854.53 Million | +4.83% |
| 2022-12-31 | $815.17 Million | -3.09% |
| 2021-12-31 | $841.12 Million | +29.94% |
| 2020-12-31 | $647.29 Million | +29.24% |
| 2019-12-31 | $500.86 Million | +24.68% |
| 2018-12-31 | $401.70 Million | +15.70% |
| 2017-12-31 | $347.18 Million | +14.23% |
| 2016-12-31 | $303.94 Million | +24.54% |
| 2015-12-31 | $244.04 Million | +16.01% |
| 2014-12-31 | $210.36 Million | +23.99% |
| 2012-12-31 | $169.66 Million | +21.70% |
| 2011-12-31 | $139.40 Million | -- |