SSB Bancorp Inc
SSB Bancorp, Inc. operates as the holding company for SSB Bank that provides various financial services to individuals and corporate customers in Pennsylvania. Its primary deposit products include passbook savings accounts, checking accounts, money market accounts, time deposits, interest-bearing and non-interest bearing demand accounts, and certificates of deposit; and lending products consist o… Read more
SSB Bancorp Inc (SSBP) - Total Assets
Latest total assets as of September 2025: $367.30 Million USD
Based on the latest financial reports, SSB Bancorp Inc (SSBP) holds total assets worth $367.30 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.
SSB Bancorp Inc - Total Assets Trend (2015–2024)
This chart illustrates how SSB Bancorp Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SSB Bancorp Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
SSB Bancorp Inc's total assets of $367.30 Million consist of 9.2% current assets and 90.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.68 Million | 1.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how SSB 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: SSB Bancorp Inc's current assets represent 9.2% of total assets in 2024, a decrease from 12.7% in 2015.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 11.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2015.
- Asset Diversification: The largest asset category is intangible assets at 1.2% of total assets.
SSB Bancorp Inc Competitors by Total Assets
Key competitors of SSB 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 |
SSB 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 - SSB Bancorp Inc 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, SSB Bancorp Inc generates $ 0.59 in net profit.
SSB 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 | 0.25 | 0.12 | 0.37 |
| Quick Ratio | 0.25 | 0.13 | 0.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-228.24 Million | $ -225.78 Million | $ -108.22 Million |
SSB Bancorp Inc - Advanced Valuation Insights
This section examines the relationship between SSB 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 | 0.97 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 7.8% |
| Total Assets | $318.80 Million |
| Market Capitalization | $7.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values SSB Bancorp Inc's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: SSB Bancorp Inc's assets grew by 7.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for SSB Bancorp Inc (2015–2024)
The table below shows the annual total assets of SSB Bancorp Inc from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $318.80 Million | +7.77% |
| 2023-12-31 | $295.82 Million | +17.77% |
| 2022-12-31 | $251.18 Million | +6.80% |
| 2021-12-31 | $235.18 Million | +0.42% |
| 2020-12-31 | $234.21 Million | +15.58% |
| 2019-12-31 | $202.63 Million | +7.33% |
| 2018-12-31 | $188.79 Million | +9.82% |
| 2017-12-31 | $171.91 Million | +21.70% |
| 2016-12-31 | $141.25 Million | +10.36% |
| 2015-12-31 | $127.99 Million | -- |