Traditions Bank (Pennsylvania)
Traditions Bancorp, Inc. operates as a holding company for Traditions Bank that provides various banking products and services in the Central Pennsylvania market. The company offers personal and business checking, personal and business savings and money markets, youth savings, certificates of deposit, and individual retirement accounts; personal debit cards; and business credit cards. It also pro… Read more
Traditions Bank (Pennsylvania) (TRBK) - Total Assets
Latest total assets as of June 2024: $858.59 Million USD
Based on the latest financial reports, Traditions Bank (Pennsylvania) (TRBK) holds total assets worth $858.59 Million USD as of June 2024.
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.
Traditions Bank (Pennsylvania) - Total Assets Trend (2016–2023)
This chart illustrates how Traditions Bank (Pennsylvania)’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Traditions Bank (Pennsylvania) - Asset Composition Analysis
Current Asset Composition (December 2023)
Traditions Bank (Pennsylvania)'s total assets of $858.59 Million consist of 3.4% current assets and 96.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.5% |
| Accounts Receivable | $2.93 Million | 0.4% |
| Inventory | $-15.88 Million | -1.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2023)
This chart illustrates how Traditions Bank (Pennsylvania)'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: Traditions Bank (Pennsylvania)'s current assets represent 3.4% of total assets in 2023, an increase from 1.8% in 2016.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2023, up from -1.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Traditions Bank (Pennsylvania) Competitors by Total Assets
Key competitors of Traditions Bank (Pennsylvania) 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 |
Traditions Bank (Pennsylvania) - 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 - Traditions Bank (Pennsylvania) 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, Traditions Bank (Pennsylvania) generates $ 0.59 in net profit.
Traditions Bank (Pennsylvania) - 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 | 0.03 | 0.14 |
| Quick Ratio | 0.04 | 0.03 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-422.35 Million | $ -297.08 Million | $ -489.22 Million |
Traditions Bank (Pennsylvania) - Advanced Valuation Insights
This section examines the relationship between Traditions Bank (Pennsylvania)'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 | 1.26 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 7.9% |
| Total Assets | $840.07 Million |
| Market Capitalization | $61.65 Million USD |
Valuation Analysis
Below Book Valuation: The market values Traditions Bank (Pennsylvania)'s assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Traditions Bank (Pennsylvania)'s assets grew by 7.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Traditions Bank (Pennsylvania) (2016–2023)
The table below shows the annual total assets of Traditions Bank (Pennsylvania) from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $840.07 Million | +7.92% |
| 2022-12-31 | $778.39 Million | +3.66% |
| 2021-12-31 | $750.93 Million | +16.78% |
| 2020-12-31 | $643.02 Million | +18.24% |
| 2019-12-31 | $543.82 Million | +12.41% |
| 2018-12-31 | $483.78 Million | +9.45% |
| 2017-12-31 | $442.03 Million | +11.13% |
| 2016-12-31 | $397.77 Million | -- |