Harford Bank
Harford Bank provides commercial and retail banking products and services for individuals, businesses, and governmental units. It offers various deposit services, including checking, savings, money market, and individual retirement accounts, as well as certificates of deposit. The company also offers various commercial loans, including secured and unsecured loans for working capital, business exp… Read more
Harford Bank (HFBK) - Total Assets
Latest total assets as of September 2025: $735.38 Million USD
Based on the latest financial reports, Harford Bank (HFBK) holds total assets worth $735.38 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.
Harford Bank - Total Assets Trend (2003–2024)
This chart illustrates how Harford Bank’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harford Bank - Asset Composition Analysis
Current Asset Composition (December 2024)
Harford Bank's total assets of $735.38 Million consist of 16.2% current assets and 83.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.7% |
| Accounts Receivable | $1.68 Million | 0.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $671.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2003–2024)
This chart illustrates how Harford Bank'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: Harford Bank's current assets represent 16.2% of total assets in 2024, an increase from 4.6% in 2003.
- Cash Position: Cash and equivalents constituted 13.7% of total assets in 2024, up from 4.2% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Harford Bank Competitors by Total Assets
Key competitors of Harford Bank 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 |
Harford Bank - 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 - Harford Bank generates 0.05x 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, Harford Bank generates $ 0.98 in net profit.
Harford Bank - 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 | 0.18 | 0.16 | 0.13 |
| Quick Ratio | 0.18 | 0.16 | 0.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-544.60 Million | $ -528.75 Million | $ -379.29 Million |
Harford Bank - Advanced Valuation Insights
This section examines the relationship between Harford Bank'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 | 0.93 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 7.2% |
| Total Assets | $713.43 Million |
| Market Capitalization | $46.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Harford Bank's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Harford Bank's assets grew by 7.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Harford Bank (2003–2024)
The table below shows the annual total assets of Harford Bank from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $713.43 Million | +7.18% |
| 2023-12-31 | $665.62 Million | +11.78% |
| 2022-12-31 | $595.47 Million | +3.53% |
| 2021-12-31 | $575.18 Million | +18.36% |
| 2020-12-31 | $485.95 Million | +28.80% |
| 2019-12-31 | $377.29 Million | +3.49% |
| 2018-12-31 | $364.57 Million | +3.47% |
| 2017-12-31 | $352.33 Million | +5.05% |
| 2016-12-31 | $335.40 Million | +6.24% |
| 2015-12-31 | $315.69 Million | +4.01% |
| 2014-12-31 | $303.51 Million | -2.51% |
| 2013-12-31 | $311.31 Million | +5.01% |
| 2012-12-31 | $296.45 Million | +47.14% |
| 2006-12-31 | $201.48 Million | +6.10% |
| 2005-12-31 | $189.89 Million | +5.30% |
| 2004-12-31 | $180.33 Million | +12.51% |
| 2003-12-31 | $160.28 Million | -- |