GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Croghan Bancshares Inc (OTCPK:CHBH) » Definitions » Net Interest Margin (Bank Only) %

Croghan Bancshares (Croghan Bancshares) Net Interest Margin (Bank Only) % : 3.36% (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Croghan Bancshares Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Croghan Bancshares's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $33.60 Mil. Croghan Bancshares's average earning assets for the quarter that ended in Mar. 2024 was $1,001.17 Mil. Therefore, Croghan Bancshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 3.36%.


Croghan Bancshares Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Croghan Bancshares's Net Interest Margin (Bank Only) % 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 Net Interest Margin (Bank Only) % Chart

Croghan Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.25 4.14 3.93 3.72 3.55

Croghan Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % 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 3.64 3.51 3.57 3.51 3.36

Competitive Comparison of Croghan Bancshares's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Croghan Bancshares's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Croghan Bancshares's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Croghan Bancshares's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Croghan Bancshares's Net Interest Margin (Bank Only) % falls into.



Croghan Bancshares Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Croghan Bancshares's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=36.102/( (1027.064 + 1006.139)/ 2 )
=36.102/1016.6015
=3.55 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=6.055 + 690.773 + 330.236
=1027.064

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=5.976 + 704.14 + 296.023
=1006.139

Croghan Bancshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=33.6/( (1006.139 + 996.2)/ 2 )
=33.6/1001.1695
=3.36 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=5.976 + 704.14 + 296.023
=1006.139

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 699.818 + 296.382
=996.2

* 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.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Croghan Bancshares  (OTCPK:CHBH) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Croghan Bancshares Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of Croghan Bancshares's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Croghan Bancshares (Croghan Bancshares) Business Description

Industry
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

From GuruFocus