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First Clover Leaf Financial (First Clover Leaf Financial) Equity-to-Asset : 0.12 (As of Jun. 2016)


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What is First Clover Leaf Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Clover Leaf Financial's Total Stockholders Equity for the quarter that ended in Jun. 2016 was $82.20 Mil. First Clover Leaf Financial's Total Assets for the quarter that ended in Jun. 2016 was $665.32 Mil. Therefore, First Clover Leaf Financial's Equity to Asset Ratio for the quarter that ended in Jun. 2016 was 0.12.

The historical rank and industry rank for First Clover Leaf Financial's Equity-to-Asset or its related term are showing as below:

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

First Clover Leaf Financial Equity-to-Asset Historical Data

The historical data trend for First Clover Leaf Financial'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.

First Clover Leaf Financial Equity-to-Asset Chart

First Clover Leaf Financial Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.12 0.13 0.12

First Clover Leaf Financial Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Equity-to-Asset 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 0.13 0.13 0.12 0.13 0.12

Competitive Comparison of First Clover Leaf Financial's Equity-to-Asset

For the Banks - Regional subindustry, First Clover Leaf Financial'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.


First Clover Leaf Financial's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Clover Leaf Financial's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where First Clover Leaf Financial's Equity-to-Asset falls into.



First Clover Leaf Financial 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.

First Clover Leaf Financial's Equity to Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Equity to Asset (A: Dec. 2015 )=Total Stockholders Equity/Total Assets
=80.274/654.874
=0.12

First Clover Leaf Financial's Equity to Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

Equity to Asset (Q: Jun. 2016 )=Total Stockholders Equity/Total Assets
=82.197/665.319
=0.12

* 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.


First Clover Leaf Financial  (NAS:FCLF) 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%.


First Clover Leaf Financial Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of First Clover Leaf Financial's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


First Clover Leaf Financial (First Clover Leaf Financial) Business Description

Traded in Other Exchanges
N/A
Address
First Clover Leaf Financial Corp is a Maryland corporation that was incorporated in March 2006 and was formed by its predecessor company, First Federal Financial Services, Inc., in connection with the second-step conversion of First Federal Financial Services, MHC and the simultaneous acquisition of Clover Leaf Financial Corp. and its wholly owned savings bank subsidiary, Clover Leaf Bank, a former Illinois state bank headquartered in Edwardsville, Illinois. The second-step conversion, stock offering and acquisition of Clover Leaf Financial Corp. were consummated in July 2006. As a result of these transactions, Clover Leaf Financial Corp. was merged with and into First Clover Leaf and Clover Leaf Bank was merged with and into its wholly owned subsidiary, First Federal Savings and Loan Association of Edwardsville, which was renamed First Clover Leaf Bank. Its principal asset is the ownership of 100% of the outstanding common stock of First Clover Leaf Bank, a federal savings bank. It conducts business through its five branch offices located in Edwardsville, Wood River, and Highland, Illinois. Its principal business consists of attracting retail deposits from the general public in the areas surrounding its office locations and investing those deposits, together with funds generated from operations, in one-to-four family residential real estate loans, multi-family real estate loans, commercial real estate loans, construction and land loans, commercial business loans and consumer loans, and in investment securities. It faces intense competition within its market area both in making loans and attracting deposits. It is regulated and supervised by the Office of Comptroller of the Currency and the Federal Deposit Insurance Corporation.
Executives
P David Kuhl director, officer: PRESIDENT AND CEO 201 W MAIN ST, URBANA IL 61801
Mary Westerhold director 6814 GOSHEN ROAD, EDWARDSVILLE IL 62025

First Clover Leaf Financial (First Clover Leaf Financial) Headlines

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