Harbor Bankshares Corporation
Harbor Bankshares Corporation provides various banking services in Maryland. The company offers personal checking, savings and investment, cards, individual retirement plans, certificate of deposits, mortgages, loans and lines of credit, online banking, bill pay, mobile banking, E-statement, telebanc, and interest rate services. It also provides business loans, remote deposit, positive pay, cash … Read more
Harbor Bankshares Corporation (HRBK) - Total Assets
Latest total assets as of September 2006: $256.79 Million USD
Based on the latest financial reports, Harbor Bankshares Corporation (HRBK) holds total assets worth $256.79 Million USD as of September 2006.
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.
Harbor Bankshares Corporation - Total Assets Trend (1995–2024)
This chart illustrates how Harbor Bankshares Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harbor Bankshares Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Harbor Bankshares Corporation's total assets of $256.79 Million consist of 10.0% current assets and 90.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.3% |
| Accounts Receivable | $2.61 Million | 0.7% |
| 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 (1995–2024)
This chart illustrates how Harbor Bankshares Corporation'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: Harbor Bankshares Corporation's current assets represent 10.0% of total assets in 2024, a decrease from 17.0% in 1995.
- Cash Position: Cash and equivalents constituted 9.3% of total assets in 2024, down from 16.3% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
Harbor Bankshares Corporation Competitors by Total Assets
Key competitors of Harbor Bankshares Corporation 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 |
Harbor Bankshares Corporation - 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 - Harbor Bankshares Corporation generates 0.06x 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, Harbor Bankshares Corporation generates $ 0.87 in net profit.
Harbor Bankshares Corporation - 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 | 0.07 | 4.64 | 0.13 |
| Quick Ratio | 0.07 | 4.64 | 0.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-215.13 Million | $ 10.93 Million | $ -153.49 Million |
Harbor Bankshares Corporation - Advanced Valuation Insights
This section examines the relationship between Harbor Bankshares Corporation'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 | 1.17 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 0.5% |
| Total Assets | $394.41 Million |
| Market Capitalization | $11.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values Harbor Bankshares Corporation's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Harbor Bankshares Corporation's assets grew by 0.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Harbor Bankshares Corporation (1995–2024)
The table below shows the annual total assets of Harbor Bankshares Corporation from 1995 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $394.41 Million | +0.47% |
| 2023-12-31 | $392.58 Million | +1.02% |
| 2022-12-31 | $388.60 Million | +17.39% |
| 2021-12-31 | $331.04 Million | +2.59% |
| 2020-12-31 | $322.68 Million | +3.54% |
| 2019-12-31 | $311.63 Million | +3.83% |
| 2007-12-31 | $300.15 Million | +11.87% |
| 2006-12-31 | $268.29 Million | +4.54% |
| 2005-12-31 | $256.64 Million | +8.99% |
| 2004-12-31 | $235.46 Million | +7.25% |
| 2003-12-31 | $219.55 Million | +4.43% |
| 2002-12-31 | $210.23 Million | +12.67% |
| 2001-12-31 | $186.59 Million | +1.12% |
| 2000-12-31 | $184.52 Million | +3.88% |
| 1999-12-31 | $177.62 Million | -3.85% |
| 1998-12-31 | $184.72 Million | +35.95% |
| 1997-12-31 | $135.87 Million | +4.80% |
| 1996-12-31 | $129.65 Million | +14.42% |
| 1995-12-31 | $113.32 Million | -- |