Elmer Bancorp (Elmer Bancorp) Total Assets : $212.27 Mil (As of Dec. 2007)

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What is Elmer Bancorp Total Assets?

Elmer Bancorp's Total Assets for the quarter that ended in Dec. 2007 was $212.27 Mil.

Total Assets is connected with ROA %. Elmer Bancorp's annualized ROA % for the quarter that ended in Dec. 2007 was 0.55%. Total Assets is also linked to Revenue through Asset Turnover. Elmer Bancorp's Asset Turnover for the quarter that ended in Dec. 2007 was 0.01.

Elmer Bancorp Total Assets Historical Data

The historical data trend for Elmer Bancorp's Total Assets 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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Elmer Bancorp Total Assets Chart

Elmer Bancorp Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Total Assets

180.41

197.39

203.41

211.16

212.27

Elmer Bancorp Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
Total Assets	Get a 7-Day Free Trial											211.16	211.42	215.98	215.55	212.27

Elmer Bancorp Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Elmer Bancorp's Total Assets for the fiscal year that ended in Dec. 2007 is calculated as

Total Assets	=	Total Equity (A: Dec. 2007 )	+	Total Liabilities (A: Dec. 2007 )
	=	17.834	+	194.431
	=	212.27

Elmer Bancorp's Total Assets for the quarter that ended in Dec. 2007 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2007 )	+	Total Liabilities (Q: Dec. 2007 )
	=	17.834	+	194.431
	=	212.27

Elmer Bancorp (OTCPK:ELMA) Total Assets Explanation

Total Assets is connected with ROA %.

Elmer Bancorp's annualized ROA % for the quarter that ended in Dec. 2007 is

ROA %	=	Net Income (Q: Dec. 2007 )	/	( (Total Assets (Q: Sep. 2007 )	+	Total Assets (Q: Dec. 2007 ))	/ count )
	=	1.168	/	( (215.545	+	212.265)	/ 2 )
	=	1.168	/	213.905
	=	0.55 %

Note: The Net Income data used here is four times the quarterly (Dec. 2007) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Elmer Bancorp's Asset Turnover for the quarter that ended in Dec. 2007 is

	Asset Turnover
=	Revenue (Q: Dec. 2007 )	/	( (Total Assets (Q: Sep. 2007 )	+	Total Assets (Q: Dec. 2007 ))	/ count )
=	2.593	/	( (215.545	+	212.265)	/ 2 )
=	2.593	/	213.905
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Elmer Bancorp Total Assets Related Terms

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Elmer Bancorp (Elmer Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Elmer Bancorp Inc (OTCPK:ELMA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 South Main Street, P. O. Box 980, Elmer, NJ, USA, 08318

Website

https://www.elmerbank.com

Elmer Bancorp Inc is a bank holding company incorporated in the State of New Jersey. Its First National Bank of Elmer (the Bank) operates under a national bank charter and provides a complete line of business and personal banking products. The Bank operates through its six full-service offices located in Cumberland, Gloucester and Salem counties in New Jersey. The majority of the Bank's activities are with customers located within Southern New Jersey.