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Fauquier Bankshares (Fauquier Bankshares) Goodwill : $0.00 Mil (As of Dec. 2020)


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What is Fauquier Bankshares 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. Fauquier Bankshares's goodwill for the quarter that ended in Dec. 2020 was $0.00 Mil.


Fauquier Bankshares Goodwill Historical Data

The historical data trend for Fauquier Bankshares'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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Fauquier Bankshares Goodwill Chart

Fauquier Bankshares Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Goodwill
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Fauquier Bankshares Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Fauquier Bankshares 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.


Fauquier Bankshares  (NAS:FBSS) 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.

Fauquier Bankshares's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Goodwill-to-Asset (A: Dec. 2020 )=Goodwill/Total Assets
=0/867.173
=0.00

Fauquier Bankshares's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

Goodwill-to-Asset (Q: Dec. 2020 )=Goodwill/Total Assets
=0/867.173
=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.


Fauquier Bankshares Goodwill Related Terms

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Fauquier Bankshares (Fauquier Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
10 Courthouse Square, Warrenton, VA, USA, 20186
Fauquier Bankshares Inc is a bank holding company. The bank provides a range of consumer and commercial banking services to individuals, businesses, and industries. Its basic services offered by the bank include interest and non-interest-bearing demand deposit accounts, money market deposit accounts, negotiable order of withdrawal accounts, time deposits, amongst others. The company also makes secured and unsecured commercial and real estate loans, issues standby letters of credit and grants available credit for installment, unsecured and secured personal loans, residential mortgages and home equity loans, as well as automobile and other types of consumer financing.
Executives
Brian Stuart Montgomery director 10 COURTHOUSE SQ WARRENTON VA 20186
Randolph Tucker Minter director 10 COURTHOUSE SQ WARRENTON VA 20186
Adams John Buchanan Jr director 10 COURTHOUSE SQUARE, WARRENTON VA 20188
Christine Edwards Headly officer: EVP & Chief Financial Officer 10 COURTHOUSE SQUARE WARRENTON VA 20186
P Kurtis Rodgers director 10 COURTHOUSE SQUARE WARRENTON VA 20186
Strange Sterling T Iii director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Jay B Keyser director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Randolph D Frostick director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Donna D Flory director 10 COURTHOUSE SQUARE WARRENTON VA 20186
Kevin T Carter director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Chip S Register officer: EVP & Chief Operating Officer 10 COURTHOUSE SQUARE WARRENTON VA 20186
Marc J Bogan director, officer: President and CEO 10 COURTHOUSE SQUARE, WARRENTON VA 20186
T. Michael York officer: Chief Operating Officer 10 COURTHOUSE SQUARE WARRENTON VA 20186
Eric Peter Graap other: Former CFO & Director 10 COURTHOUSE SQUARE WARRENTON VA 20186
Randy Kent Ferrell director, officer: President and CEO 10 COURTHOUSE SQUARE WARRENTON VA 20188

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