Mifflinburg Bancorp Inc
Mifflinburg Bancorp, Inc. operates as a bank holding company for Mifflinburg Bank and Trust Company that provides commercial, mortgage, residential real estate, consumer loan financing, and deposit services in Pennsylvania. The company offers checking, savings, and sweep accounts; certificates of deposits; health savings accounts; home, personal, automobile, medical/professional, farm/agricultura… Read more
Mifflinburg Bancorp Inc (MIFF) - Total Assets
Latest total assets as of March 2025: $607.90 Million USD
Based on the latest financial reports, Mifflinburg Bancorp Inc (MIFF) holds total assets worth $607.90 Million USD as of March 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.
Mifflinburg Bancorp Inc - Total Assets Trend (2015–2024)
This chart illustrates how Mifflinburg Bancorp Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mifflinburg Bancorp Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Mifflinburg Bancorp Inc's total assets of $607.90 Million consist of 6.9% current assets and 93.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.0% |
| Accounts Receivable | $1.80 Million | 0.3% |
| 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 (2015–2024)
This chart illustrates how Mifflinburg Bancorp 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: Mifflinburg Bancorp Inc's current assets represent 6.9% of total assets in 2024, an increase from 5.9% in 2015.
- Cash Position: Cash and equivalents constituted 3.0% of total assets in 2024, up from -0.9% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
Mifflinburg Bancorp Inc Competitors by Total Assets
Key competitors of Mifflinburg Bancorp 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 |
Mifflinburg Bancorp 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 - Mifflinburg Bancorp Inc generates 0.03x 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, Mifflinburg Bancorp Inc generates $ 0.75 in net profit.
Mifflinburg Bancorp 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 | 0.13 | 0.38 | 20.31 |
| Quick Ratio | 0.13 | 0.38 | -241.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-70.62 Million | $ -49.05 Million | $ 15.70 Million |
Mifflinburg Bancorp Inc - Advanced Valuation Insights
This section examines the relationship between Mifflinburg Bancorp 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 | 0.86 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 6.4% |
| Total Assets | $596.70 Million |
| Market Capitalization | $42.41 Million USD |
Valuation Analysis
Below Book Valuation: The market values Mifflinburg Bancorp Inc's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Mifflinburg Bancorp Inc's assets grew by 6.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Mifflinburg Bancorp Inc (2015–2024)
The table below shows the annual total assets of Mifflinburg Bancorp Inc from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $596.70 Million | +6.44% |
| 2023-12-31 | $560.59 Million | +2.06% |
| 2022-12-31 | $549.26 Million | -1.17% |
| 2021-12-31 | $555.78 Million | +8.58% |
| 2020-12-31 | $511.86 Million | +10.77% |
| 2019-12-31 | $462.09 Million | +5.31% |
| 2018-12-31 | $438.79 Million | +3.24% |
| 2017-12-31 | $425.03 Million | +4.27% |
| 2016-12-31 | $407.61 Million | +4.95% |
| 2015-12-31 | $388.38 Million | -- |