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Croghan Bancshares (Croghan Bancshares) Intangible Assets : $0.00 Mil (As of Mar. 2024)


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What is Croghan Bancshares Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Croghan Bancshares's intangible assets for the quarter that ended in Mar. 2024 was $0.00 Mil.


Croghan Bancshares Intangible Assets Historical Data

The historical data trend for Croghan Bancshares'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.

Croghan Bancshares Intangible Assets Chart

Croghan Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.23 22.90 22.66 22.50 22.42

Croghan Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 22.42 -

Croghan Bancshares 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.


Croghan Bancshares  (OTCPK:CHBH) 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.


Croghan Bancshares Intangible Assets Related Terms

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Croghan Bancshares (Croghan Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
323 Croghan Street, Fremont, OH, USA, 43420
Croghan Bancshares Inc operates as a bank holding company. It operates in one segment, Commercial Banking. The company offers a diverse range of commercial and retail banking services through its banking centers. Its products are comprised of traditional banking services such as consumer, commercial, agricultural, and real estate loans, personal and business checking accounts, savings accounts, time deposit accounts, safe deposit box services and trust department services.
Executives
James E Bowlus director 460 KINGSGATE DRIVE, FREMONT OH 43420
Barry F Luse officer: Vice President/Trust Officer 1927 ROBERT AVENUE, FREMONT OH 43420
Claire F Johansen director 5600 SOUTH CR 19, TIFFIN OH 44883
Allen Michael D Sr director 5639 SR 113, BELLEVUE OH 44811
James R Faist director 119 CANTERBURY DRIVE, FREMONT OH 43420
Kendall W Rieman officer: Vice President/CFO and COO 3339 CR 223, FREMONT OH 43420
Rick M Robertson director, officer: President and CEO 1687 TOMAHAWK TRACE, FREMONT OH 43420
Stephen A Kemper director 455 WEST MAIN STREET, BELLEVUE OH 44811
Daniel W Lease director 2276 EAST STATE STREET, FREMONT OH 43420
Allan E Mehlow director 2569 FANGBONER ROAD, FREMONT OH 43420
Thomas W Mclaughlin director 2221 COLE CREEK DRIVE, NORWALK OH 44857
Elder Thomas J Jr officer: Vice President 3584 SOUTH LINKER PORTAGE ROAD, ELMORE OH 43416-9730
Claude E Young director 2242 SOUTH SR 19, GREEN SPRINGS OH 44836
John C Hoffman officer: Controller 1207 JUNE STREET, FREMONT OH 43420
Robert H Moyer director 519 SMITH ROAD, FREMONT OH 43420

Croghan Bancshares (Croghan Bancshares) Headlines

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