Towne Bancorp Inc
Towne Bancorp, Inc. operates as the holding company for Towne Bank of Arizona, which provides banking products and services to individual and business customers in Mesa, Arizona. The company's deposit products include checking accounts, money market accounts, savings accounts, IOLTA accounts, certificates of deposits, and individual retirement accounts. Its loan portfolio comprises business loans… Read more
Towne Bancorp Inc (TWNE) - Total Assets
Latest total assets as of December 2007: $201.35 Million USD
Based on the latest financial reports, Towne Bancorp Inc (TWNE) holds total assets worth $201.35 Million USD as of December 2007.
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.
Towne Bancorp Inc - Total Assets Trend (2004–2007)
This chart illustrates how Towne Bancorp Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Towne Bancorp Inc - Asset Composition Analysis
Current Asset Composition (December 2007)
Towne Bancorp Inc's total assets of $201.35 Million consist of 6.6% current assets and 93.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.9% |
| Accounts Receivable | $1.10 Million | 0.6% |
| 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 (2004–2007)
This chart illustrates how Towne 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: Towne Bancorp Inc's current assets represent 6.6% of total assets in 2007, a decrease from 18.6% in 2004.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2007, down from 4.7% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.
Towne Bancorp Inc Competitors by Total Assets
Key competitors of Towne 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 |
Towne 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 - Towne Bancorp Inc generates 0.08x 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, Towne Bancorp Inc generates $ 0.18 in net profit.
Towne 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 | 0.08 | 0.05 | 0.15 |
| Quick Ratio | 0.08 | 0.05 | 0.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-145.70 Million | $ -113.29 Million | $ -22.33 Million |
Towne Bancorp Inc - Advanced Valuation Insights
This section examines the relationship between Towne 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 30.0% |
| Total Assets | $201.35 Million |
| Market Capitalization | $0.94 USD |
Valuation Analysis
Below Book Valuation: The market values Towne Bancorp Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Towne Bancorp Inc's assets grew by 30.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Towne Bancorp Inc (2004–2007)
The table below shows the annual total assets of Towne Bancorp Inc from 2004 to 2007.
| Year | Total Assets | Change |
|---|---|---|
| 2007-12-31 | $201.35 Million | +29.97% |
| 2006-12-31 | $154.92 Million | +105.60% |
| 2005-12-31 | $75.35 Million | +194.17% |
| 2004-12-31 | $25.61 Million | -- |