GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dearborn Bancorp Inc (OTCPK:DEAR) » Definitions » Tangible Book per Share

Dearborn Bancorp (Dearborn Bancorp) Tangible Book per Share : $3.51 (As of Mar. 2011)


View and export this data going back to 1998. Start your Free Trial

What is Dearborn Bancorp Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Dearborn Bancorp's tangible book value per share for the quarter that ended in Mar. 2011 was $3.51.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Dearborn Bancorp Tangible Book per Share Historical Data

The historical data trend for Dearborn Bancorp's Tangible Book per Share 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.

Dearborn Bancorp Tangible Book per Share Chart

Dearborn Bancorp Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.46 11.35 12.83 5.46 3.51

Dearborn Bancorp Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
Tangible Book per Share 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 3.90 3.92 3.51 3.51 3.69

Competitive Comparison of Dearborn Bancorp's Tangible Book per Share

For the Banks - Regional subindustry, Dearborn Bancorp's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Dearborn Bancorp's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Dearborn Bancorp's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dearborn Bancorp's Price-to-Tangible-Book falls into.



Dearborn Bancorp Tangible Book per Share Calculation

Dearborn Bancorp's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2010 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(26.959-0-0)/7.68571
=3.51

Dearborn Bancorp's Tangible Book Value Per Share for the quarter that ended in Mar. 2011 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(26.994-0-0)/7.68571
=3.51

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Dearborn Bancorp  (OTCPK:DEAR) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Dearborn Bancorp Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Dearborn Bancorp's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Dearborn Bancorp (Dearborn Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Dearborn Bancorp Inc is a holding company for Fidelity Bank, which provides commercial banking services in Michigan.
Executives
Jeffrey L Karafa officer: VP Treasurer Secretary 8004 LAKE HAVEN DRIVE, MECHANICSVILLE VA 23111

Dearborn Bancorp (Dearborn Bancorp) Headlines