GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Folsom Lake Bank Ca (OTCPK:FOLB) » Definitions » Equity-to-Asset

Folsom Lake Bank Ca (Folsom Lake Bank Ca) Equity-to-Asset : 0.58 (As of Sep. 2007)


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

What is Folsom Lake Bank Ca Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Folsom Lake Bank Ca's Total Stockholders Equity for the quarter that ended in Sep. 2007 was $14.42 Mil. Folsom Lake Bank Ca's Total Assets for the quarter that ended in Sep. 2007 was $24.71 Mil. Therefore, Folsom Lake Bank Ca's Equity to Asset Ratio for the quarter that ended in Sep. 2007 was 0.58.

The historical rank and industry rank for Folsom Lake Bank Ca's Equity-to-Asset or its related term are showing as below:

FOLB's Equity-to-Asset is not ranked *
in the Banks industry.
Industry Median: 0.09
* Ranked among companies with meaningful Equity-to-Asset only.

Folsom Lake Bank Ca Equity-to-Asset Historical Data

The historical data trend for Folsom Lake Bank Ca's Equity-to-Asset 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.

Folsom Lake Bank Ca Equity-to-Asset Chart

Folsom Lake Bank Ca Annual Data
Trend
Equity-to-Asset

Folsom Lake Bank Ca Quarterly Data
Jun07 Sep07
Equity-to-Asset 0.76 0.58

Competitive Comparison of Folsom Lake Bank Ca's Equity-to-Asset

For the Banks - Regional subindustry, Folsom Lake Bank Ca's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Folsom Lake Bank Ca's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Folsom Lake Bank Ca's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Folsom Lake Bank Ca's Equity-to-Asset falls into.



Folsom Lake Bank Ca Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Folsom Lake Bank Ca's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )=Total Stockholders Equity/Total Assets
=/
=

Folsom Lake Bank Ca's Equity to Asset Ratio for the quarter that ended in Sep. 2007 is calculated as

Equity to Asset (Q: Sep. 2007 )=Total Stockholders Equity/Total Assets
=14.416/24.714
=0.58

* 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.


Folsom Lake Bank Ca  (OTCPK:FOLB) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Folsom Lake Bank Ca Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Folsom Lake Bank Ca's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Folsom Lake Bank Ca (Folsom Lake Bank Ca) Business Description

Traded in Other Exchanges
N/A
Address
Folsom Lake Bank opened its doors for the first time on April 3, 2007. Folsom Lake Bank is a full service commercial bank offering a complete range of services to consumers and businesses. The bank focuses on small business clients, professionals and individuals in the communities surrounding Folsom Lake. The bank has a full service ATM located in the courtyard along with a merchant depository for after hours deposits. Folsom Lake Bank also offers online banking and bill pay completely free of charge. Because the bank is new, it utilizes the most current products and the latest technology.

Folsom Lake Bank Ca (Folsom Lake Bank Ca) Headlines

No Headlines