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NewBridge Bancorp (NewBridge Bancorp) Scaled Net Operating Assets : 0.26 (As of Sep. 2015)


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What is NewBridge Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

NewBridge Bancorp's operating assets for the quarter that ended in Sep. 2015 was $2,730.6 Mil. NewBridge Bancorp's operating liabilities for the quarter that ended in Sep. 2015 was $2,019.8 Mil. NewBridge Bancorp's Total Assets for the quarter that ended in Jun. 2015 was $2,778.7 Mil. Therefore, NewBridge Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2015 was 0.26.


NewBridge Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

NewBridge Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2014 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2014 )
=(Operating Assets (A: Dec. 2014 )-Operating Liabilities (A: Dec. 2014 ))/Total Assets (A: Dec. 2013 )
=(2485.863-1850.403)/1965.232
=0.32

where

Operating Assets(A: Dec. 2014 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2520.232 - 34.369
=2485.863

Operating Liabilities(A: Dec. 2014 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2288.877 - 438.474 - 0
=1850.403

NewBridge Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2015 )
=(Operating Assets (Q: Sep. 2015 )-Operating Liabilities (Q: Sep. 2015 ))/Total Assets (Q: Jun. 2015 )
=(2730.574-2019.764)/2778.685
=0.26

where

Operating Assets(Q: Sep. 2015 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2772.444 - 41.87
=2730.574

Operating Liabilities(Q: Sep. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2511.038 - 491.274 - 0
=2019.764

* 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.


NewBridge Bancorp Scaled Net Operating Assets Related Terms

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NewBridge Bancorp (NewBridge Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
NewBridge Bancorp was incorporated in the State of North Carolina on December 6, 1982. The Company is a bank holding company. The Company through its banking subsidiary provides banking products to small to medium-sized businesses and retail clients in its market areas, including interest-bearing and noninterest-bearing demand deposit accounts, certificates of deposits, individual retirement accounts, overdraft protection, personal and corporate trust services, safe deposit boxes, online banking, corporate cash management, brokerage, financial planning and asset management, and secured and unsecured loans. The Company also offers lending services, including construction, real estate, and commercial and consumer loans, to small to medium-sized businesses, middle market businesses, real estate developers and retail clients that are located in or conduct a substantial portion of their business in the market areas. It maintains operations facilities in Lexington and Reidsville, NC. It operated approximately 40 branch offices in its four markets including Charlotte, Raleigh, the Cape Fear Region and the Piedmont Triad Region and eight loan production offices. The Bank focuses its marketing efforts on small to medium-sized businesses, professionals and retail clients, and on achieving certain strategic objectives, including increasing noninterest income and growing core deposits and loans. The Bank promotes its brand through its association with the Greensboro minor league baseball team and ballpark (NewBridge Bank Park), traditional advertising and promotions, sponsorship of local events and other community-focused campaigns. The Bank also invests in bank-hosted events and client hospitality opportunities that foster relationship building and business development. The Company's clients are located in Brunswick, Davidson, Forsyth, Guilford, Mecklenburg, New Hanover, Pender, Rockingham, Sampson, Stokes and Wake Counties. It faces competition from a number of sources, including commercial banks, thrift institutions, credit unions and other financial institutions and financial intermediaries. The Company is subject to examination by the FDIC and the Commissioner. In addition, it is subject to various other state and federal laws and regulations, including state usury laws, laws relating to fiduciaries, consumer credit, equal credit and fair credit reporting laws and laws relating to branch banking.
Executives
Ramsey K Hamadi officer: SEVP and CFO C/O AMERICAN NATIONAL BANK & TRUST CO., 628 MAIN STREET, DANVILLE VA 24541
G Alfred Webster director P. O. BOX 2037, REIDSVILLE NC 27323