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Hamlin Bank and Trust Co (Hamlin Bank and Trust Co) Total Assets : $349.63 Mil (As of Sep. 2007)


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What is Hamlin Bank and Trust Co Total Assets?

Hamlin Bank and Trust Co's Total Assets for the quarter that ended in Sep. 2007 was $349.63 Mil.

Total Assets is connected with ROA %. Hamlin Bank and Trust Co's annualized ROA % for the quarter that ended in Sep. 2007 was 1.59%. Total Assets is also linked to Revenue through Asset Turnover. Hamlin Bank and Trust Co's Asset Turnover for the quarter that ended in Sep. 2007 was 0.01.


Hamlin Bank and Trust Co Total Assets Historical Data

The historical data trend for Hamlin Bank and Trust Co'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.

* Premium members only.

Hamlin Bank and Trust Co Total Assets Chart

Hamlin Bank and Trust Co Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06
Total Assets
308.97 356.79 392.69 372.35 356.24

Hamlin Bank and Trust Co Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
Total Assets 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 357.19 356.24 351.92 354.67 349.63

Hamlin Bank and Trust Co 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.

Hamlin Bank and Trust Co's Total Assets for the fiscal year that ended in Dec. 2006 is calculated as

Total Assets=Total Equity (A: Dec. 2006 )+Total Liabilities (A: Dec. 2006 )
=73.751+282.491
=356.24

Hamlin Bank and Trust Co's Total Assets for the quarter that ended in Sep. 2007 is calculated as

Total Assets=Total Equity (Q: Sep. 2007 )+Total Liabilities (Q: Sep. 2007 )
=70.148+279.483
=349.63

* 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.


Hamlin Bank and Trust Co  (OTCPK:HMLN) Total Assets Explanation

Total Assets is connected with ROA %.

Hamlin Bank and Trust Co's annualized ROA % for the quarter that ended in Sep. 2007 is

ROA %=Net Income (Q: Sep. 2007 )/( (Total Assets (Q: Jun. 2007 )+Total Assets (Q: Sep. 2007 ))/ count )
=5.616/( (354.669+349.631)/ 2 )
=5.616/352.15
=1.59 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Hamlin Bank and Trust Co's Asset Turnover for the quarter that ended in Sep. 2007 is

Asset Turnover
=Revenue (Q: Sep. 2007 )/( (Total Assets (Q: Jun. 2007 )+Total Assets (Q: Sep. 2007 ))/ count )
=3.639/( (354.669+349.631)/ 2 )
=3.639/352.15
=0.01

* 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.

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.

Hamlin Bank and Trust Co Total Assets Related Terms

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Hamlin Bank and Trust Co (Hamlin Bank and Trust Co) Business Description

Traded in Other Exchanges
N/A
Address
333 West Main Street, PO Box 367, Smethport, PA, USA, 16749
Hamlin Bank and Trust Co are a United States-based state charted commercial bank. It offers a variety of financial and trust services. The company provides services such as personal banking services, business banking services, trust services, and other banking services. Its services include estate settlement, investment management, custodial services, savings facility, certificate of deposit, loan products, among others.

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