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Northeast Indiana Bancorp (Northeast Indiana Bancorp) Scaled Net Operating Assets : -0.02 (As of Dec. 2022)


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What is Northeast Indiana 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.

Northeast Indiana Bancorp's operating assets for the quarter that ended in Dec. 2022 was $362.14 Mil. Northeast Indiana Bancorp's operating liabilities for the quarter that ended in Dec. 2022 was $370.40 Mil. Northeast Indiana Bancorp's Total Assets for the quarter that ended in Dec. 2021 was $417.66 Mil. Therefore, Northeast Indiana Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was -0.02.


Northeast Indiana 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.

Northeast Indiana Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(440.408-370.4)/417.657
=0.17

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=445.528 - 5.12
=440.408

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=402.4 - 32 - 0
=370.4

Northeast Indiana Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Dec. 2021 )
=(362.135-370.4)/417.657
=-0.02

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=445.528 - 83.393
=362.135

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=402.4 - 32 - 0
=370.4

* 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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Northeast Indiana Bancorp (Northeast Indiana Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
648 North Jefferson Street, P.O. Box 70, Huntington, IN, USA, 46750
Northeast Indiana Bancorp Inc is a part of the financial services domain. It acts as the holding company for First Federal Savings Bank, which provides commercial and residential real estate loans in the United States. The bank functions through the Residential Mortgage, Commercial Mortgage, Construction and land development, Commercial and Industrial, and Consumer Mortgage segments. The Commercial Mortgage segment accounts for a share of the company revenues. It provides services such as checking, commercial loans, credit cards, merchant services and cash management.
Executives
Dan L Stephan director
Randy J Sizemore officer: Senior Vice President P O BOX 70, HUNTINGTON IN 46750
Michael S Zahn director, officer: Senior Vice President 708 APPLEBY COURT, HUNTINGTON IN 46750
Thomas P Frantz officer: Senior Vice President 648 N JEFFERSON STREET, HUNTINGTON IN 46750
Randall C Rider director
J David Carnes director
Dee Ann Hammel officer: Senior Vice President 3102 ALSTON CT, HUNTINGTON IN 46750
Stephen E Zahn director, 10 percent owner, officer: Chairman, President & CEO 648 NORTH JEFFERSON STREET, HUNTINGTON IN 46750
William A Zimmer director