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Bank of Botetourt Buchanan VA (Bank of Botetourt Buchanan VA) Goodwill : $0.00 Mil (As of Jun. 2015)


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What is Bank of Botetourt Buchanan VA Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Bank of Botetourt Buchanan VA's goodwill for the quarter that ended in Jun. 2015 was $0.00 Mil.


Bank of Botetourt Buchanan VA Goodwill Historical Data

The historical data trend for Bank of Botetourt Buchanan VA's Goodwill 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.

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Bank of Botetourt Buchanan VA Goodwill Chart

Bank of Botetourt Buchanan VA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec13 Dec14
Goodwill
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Bank of Botetourt Buchanan VA Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Dec13 Jun14 Dec14 Jun15
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Bank of Botetourt Buchanan VA Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Bank of Botetourt Buchanan VA  (OTCPK:BORT) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Bank of Botetourt Buchanan VA's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Goodwill-to-Asset (A: Dec. 2014 )=Goodwill/Total Assets
=0/313.001
=0.00

Bank of Botetourt Buchanan VA's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

Goodwill-to-Asset (Q: Jun. 2015 )=Goodwill/Total Assets
=0/314.139
=0.00

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Bank of Botetourt Buchanan VA Goodwill Related Terms

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Bank of Botetourt Buchanan VA (Bank of Botetourt Buchanan VA) Business Description

Traded in Other Exchanges
N/A
Address
19747 Main Street, P.O. Box 339, Buchanan, VA, USA, 24066
Bank of Botetourt Buchanan VA is a banking institution. The bank offers a range of personal banking and business banking services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, cash management, online banking, bill pay, eStatements, mobile banking, insurance services, merchant services, visa card options, visa check card, convenience services, identity theft protection, and financial services. It offers a range of lending solutions, including personal lending, business lending, and mortgage lending.
Executives
Williamson John B Iii director PO BOX 13007, ROANOKE VA 24030

Bank of Botetourt Buchanan VA (Bank of Botetourt Buchanan VA) Headlines