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Bridge Bancorp (Bridge Bancorp) Intangible Assets : $109.4 Mil (As of Sep. 2020)


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What is Bridge Bancorp Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Bridge Bancorp's intangible assets for the quarter that ended in Sep. 2020 was $109.4 Mil.


Bridge Bancorp Intangible Assets Historical Data

The historical data trend for Bridge Bancorp's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bridge Bancorp Intangible Assets Chart

Bridge Bancorp Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.77 111.16 110.32 109.63 109.33

Bridge Bancorp Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 109.63 109.42 109.25 109.40 109.33

Bridge Bancorp Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Bridge Bancorp  (NAS:BDGE) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Bridge Bancorp Intangible Assets Related Terms

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Bridge Bancorp (Bridge Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2200 Montauk Highway, PO Box 3005, Bridgehampton, NY, USA, 11932
Bridge Bancorp Inc is a holding company. The Bank, through its subsidiary, engages in full-service commercial and consumer banking business, including accepting time, savings and demand deposits from the consumers, businesses and local municipalities in its market area. It services include business checking; business loan and mortgages; cash management; merchant services; title insurance services; foreign exchange services; equipment financing online banking and bill pay.
Executives
Basswood Capital Management, L.l.c. director, 10 percent owner, officer: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Nathan Lindenbaum 10 percent owner C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C., 645 MADISON AVENUE, NEW YORK NY 10022
Etzioni Partners, Llc 10 percent owner C/O BASSWOOD CAPITAL MANAGEMENT, LLC, 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10598
Raymond A Nielsen director BRIDGE BANCORP INC, 2200 MONTAUK HIGHWAY, BRIDGEHAMPTON NY 11932
Mgs Partners, Llc 10 percent owner C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C, 645 MADISON AVENUE 10TH FLOOR, NEW YORK NY 10022
Basswood Financial Fund, Inc. director, 10 percent owner, other: Director-by-Deputization 3RD FL., HARBOUR CENTRE, P.O. BOX 61, GEORGE TOWN E9 KY1-1102
Bennett D Lindenbaum director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Matthew A Lindenbaum director, 10 percent owner 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Partners, L.l.c. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL, NEW YORK NY 10022
Basswood Co-investment Fund, Ltd. director, 10 percent owner, other: Director-by-Deputization 3RD FLOOR, HARBOUR CENTRE, GEORGETOWN, GRAND CAYMAN E9 KY1-1103
Daniel Rubin director 2200 MONTAUK HIGHWAY, BRIDGEHAMPTON NY 11932
Basswood Enhanced Long Short Fund Lp director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Enhanced Long Short Gp, Llc director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL., NEW YORK NY 10022
Basswood Financial Long Only Fund, L.p. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL., NEW YORK NY 10022
Basswood Financial Fund, L.p. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022