GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Security Group Inc (NAS:FSGI) » Definitions » Equity-to-Asset

First Security Group (First Security Group) Equity-to-Asset : 0.08 (As of Jun. 2015)


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

What is First Security Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Security Group's Total Stockholders Equity for the quarter that ended in Jun. 2015 was $90.62 Mil. First Security Group's Total Assets for the quarter that ended in Jun. 2015 was $1,098.91 Mil. Therefore, First Security Group's Equity to Asset Ratio for the quarter that ended in Jun. 2015 was 0.08.

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

FSGI'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 Security Group Equity-to-Asset Historical Data

The historical data trend for First Security Group'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 Security Group Equity-to-Asset Chart

First Security Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.06 0.03 0.09 0.08

First Security Group Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.09 0.09 0.08 0.09 0.08

Competitive Comparison of First Security Group's Equity-to-Asset

For the Banks - Regional subindustry, First Security Group'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 Security Group's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where First Security Group's Equity-to-Asset falls into.



First Security Group 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 Security Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Equity to Asset (A: Dec. 2014 )=Total Stockholders Equity/Total Assets
=89.98/1070.244
=0.08

First Security Group's Equity to Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

Equity to Asset (Q: Jun. 2015 )=Total Stockholders Equity/Total Assets
=90.622/1098.909
=0.08

* 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 Security Group  (NAS:FSGI) 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 Security Group Equity-to-Asset Related Terms

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


First Security Group (First Security Group) Business Description

Traded in Other Exchanges
N/A
Address
First Security Group Inc was incorporated in Tennessee on February 1, 1999 to serve as a bank holding company, and is regulated and supervised by the Board of Governors of the Federal Reserve System. It currently operates 28 full-service banking offices through its wholly-owned bank subsidiary, FSGBank. It serves the banking and financial needs of various communities in eastern and middle Tennessee, as well as northern Georgia. The Company offers a range of lending services that are mainly secured by single and multi-family real estate, residential construction and owner-occupied commercial buildings. In addition, it makes loans to small and medium-sized businesses, as well as to consumers for a number of purposes. The Companys main source of funds for loans and securities is core deposits gathered through its branch network. The Company offers a range of deposit services, including checking, savings, money market accounts and certificates of deposit, and obtain its deposits from individuals and businesses in its market areas, including the vast majority of its loan customers. The Companys wealth management division offers private client services, financial planning, trust administration, investment management and estate planning services. It also provides mortgage banking and electronic banking services, such as Internet banking, online bill payment, cash management, ACH originations, and remote deposit capture. The Company competes with commercial banks, credit unions, savings and loan associations, mortgage banking firms, consumer finance companies, securities brokerage firms, insurance companies, money market funds and other financial institutions, which operate in its main market areas and elsewhere. The Company and FSGBank are subject to extensive state and federal banking regulations that impose restrictions on and provide for general regulatory oversight of their operations.
Executives
Henchy R Enden director 5335 MEADOWS ROAD, SUITE 201 LAKE OSWEGO OR 97035
Larry D. Mauldin director C/O FIRST SECURITY GROUP, INC. 531 BROAD ST. CHATTANO9OGA TN 37402
D Michael Kramer director, officer: Chief Executive Officer P O BOX 868, EVANSVILLE IN 47705-0868
Adam Gabriel Hurwich director C/O FIRST SECURITY GROUP, INC. 531 BROAD STREET CHATTANOOGA TN 37402
Christopher G Tietz officer: EVP/Chief Credit Officer 185 EAST MARKET STREET, ATTN: LEGAL DEPARTMENT, WARREN OH 44481
Dell Joseph E Jr officer: EVP & Chief Lending Officer C/O FIRST SECURITY GROUP, INC., 531 BROAD STREET, CHATTANOOGA TN 37402
Coffman Ralph E Jr director, officer: President and COO
Terry Morgan Todd officer: Interim Retail Banking Preside C/O FIRST SECURITY GROUP, INC. 531 BROAD STREET CHATTANOOGA TN 37402
William B Kilbride director MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703

First Security Group (First Security Group) Headlines