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Folsom Lake Bank Ca (Folsom Lake Bank Ca) Return-on-Tangible-Equity : -23.24% (As of Sep. 2007)


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What is Folsom Lake Bank Ca Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Folsom Lake Bank Ca's annualized net income for the quarter that ended in Sep. 2007 was $-3.38 Mil. Folsom Lake Bank Ca's average shareholder tangible equity for the quarter that ended in Sep. 2007 was $14.55 Mil. Therefore, Folsom Lake Bank Ca's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2007 was -23.24%.

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

FOLB's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.69
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Folsom Lake Bank Ca Return-on-Tangible-Equity Historical Data

The historical data trend for Folsom Lake Bank Ca's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Folsom Lake Bank Ca Annual Data
Trend
Return-on-Tangible-Equity

Folsom Lake Bank Ca Quarterly Data
Jun07 Sep07
Return-on-Tangible-Equity -12.24 -23.24

Competitive Comparison of Folsom Lake Bank Ca's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Folsom Lake Bank Ca's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Folsom Lake Bank Ca's Return-on-Tangible-Equity falls into.



Folsom Lake Bank Ca Return-on-Tangible-Equity Calculation

Folsom Lake Bank Ca's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Folsom Lake Bank Ca's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2007 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2007 )  (Q: Jun. 2007 )(Q: Sep. 2007 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2007 )  (Q: Jun. 2007 )(Q: Sep. 2007 )
=-3.38/( (14.678+14.416)/ 2 )
=-3.38/14.547
=-23.24 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2007) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Folsom Lake Bank Ca  (OTCPK:FOLB) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Folsom Lake Bank Ca Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Folsom Lake Bank Ca's Return-on-Tangible-Equity 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.

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