Mountain Commerce Bancorp (Mountain Commerce Bancorp) Scaled Net Operating Assets : 0.03 (As of Jun. 2023)

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What is Mountain Commerce Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Mountain Commerce Bancorp's operating assets for the quarter that ended in Jun. 2023 was $1,481.49 Mil. Mountain Commerce Bancorp's operating liabilities for the quarter that ended in Jun. 2023 was $1,427.86 Mil. Mountain Commerce Bancorp's Total Assets for the quarter that ended in Mar. 2023 was $1,697.94 Mil. Therefore, Mountain Commerce Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.03.

Mountain Commerce Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Mountain Commerce Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(1668.889	-	1485.065)	/	1600.06
=	0.11

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1737.77	-	68.881
=	1668.889

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1614.983	-	129.918	-	0
=	1485.065

Mountain Commerce Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Mar. 2023 )
=	(1481.489	-	1427.857)	/	1697.942
=	0.03

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1718.692	-	237.203
=	1481.489

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1597.75	-	169.893	-	0
=	1427.857

* 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.

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Mountain Commerce Bancorp (Mountain Commerce Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mountain Commerce Bancorp Inc (OTCPK:MCBI) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6101 Kingston Pike, P.O. Box 52942, Knoxville, TN, USA, 37919

Website

https://www.mcb.com

Mountain Commerce Bancorp Inc operates as a bank holding company. It offers personal and business banking services. The bank offers checking and savings accounts; certificates of deposit; and loans and lines of credit, such as mortgage loans, personal loans and lines of credit, commercial real estate lending, small business administration loans, equipment lending, operating lines of credit, and credit cards. Its primary lending products are one-to-four family residential, commercial real estate, commercial and industrial, and consumer lending.