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CNB Financial Services (CNB Financial Services) Goodwill : $0.00 Mil (As of Sep. 2010)


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What is CNB Financial Services 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. CNB Financial Services's goodwill for the quarter that ended in Sep. 2010 was $0.00 Mil.


CNB Financial Services Goodwill Historical Data

The historical data trend for CNB Financial Services'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.

* Premium members only.

CNB Financial Services Goodwill Chart

CNB Financial Services Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Goodwill
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CNB Financial Services Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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CNB Financial Services 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.


CNB Financial Services  (OTCPK:CBFC) 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.

CNB Financial Services's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2009 is calculated as

Goodwill-to-Asset (A: Dec. 2009 )=Goodwill/Total Assets
=0/289.498
=0.00

CNB Financial Services's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2010 is calculated as

Goodwill-to-Asset (Q: Sep. 2010 )=Goodwill/Total Assets
=0/281.292
=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.


CNB Financial Services Goodwill Related Terms

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CNB Financial Services (CNB Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
101 S. Washington Street, Berkeley Springs, WV, USA, 25411
CNB Financial Services Inc operates as the bank holding company for CNB Bank, Inc which is a full-service commercial bank conducting general banking and trust activities through various full-service offices and automated teller machines located in Morgan and Berkeley Counties, West Virginia and Washington County, Maryland among others. The sources of revenue for the Bank are interest income from loans and investments and non-interest income.

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