Poage Bankshares (Poage Bankshares) Scaled Net Operating Assets : 0.10 (As of Sep. 2018)

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What is Poage Bankshares 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.

Poage Bankshares's operating assets for the quarter that ended in Sep. 2018 was $414.14 Mil. Poage Bankshares's operating liabilities for the quarter that ended in Sep. 2018 was $370.35 Mil. Poage Bankshares's Total Assets for the quarter that ended in Jun. 2018 was $447.88 Mil. Therefore, Poage Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2018 was 0.10.

Poage Bankshares 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.

Poage Bankshares's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2017 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2017 )
=	(Operating Assets (A: Dec. 2017 )	-	Operating Liabilities (A: Dec. 2017 ))	/	Total Assets (A: Dec. 2016 )
=	(423.393	-	374.856)	/	458.465
=	0.11

where

	Operating Assets		(A: Dec. 2017 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	446.88	-	23.487
=	423.393

	Operating Liabilities		(A: Dec. 2017 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	385.165	-	10.309	-	0
=	374.856

Poage Bankshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2018 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2018 )
=	(Operating Assets (Q: Sep. 2018 )	-	Operating Liabilities (Q: Sep. 2018 ))	/	Total Assets (Q: Jun. 2018 )
=	(414.141	-	370.353)	/	447.877
=	0.10

where

	Operating Assets		(Q: Sep. 2018 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	440.728	-	26.587
=	414.141

	Operating Liabilities		(Q: Sep. 2018 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	379.51	-	9.157	-	0
=	370.353

* 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.

Poage Bankshares Scaled Net Operating Assets Related Terms

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Poage Bankshares (Poage Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Poage Bankshares Inc (NAS:PBSK) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.townsquarebank.com

Poage Bankshares Inc is a holding company for Town square bank. The bank is involved in the business of accepting savings accounts, checking accounts and certificates of deposits from the general public and investing those deposits together with funds generated from operations and borrowings, in family mortgage loans, commercial and multi-family real estate loans, industrial loans, consumer loans and other types of loans. It also purchases investment securities issued by United States Government agencies and government-sponsored enterprises and also obligations of state and political subdivisions. The bank provides financial services to the clients located in and around Ashland, Nicholasville and Mt. Sterling, Kentucky.

Executives

Thomas Burnette	director	1500 CARTER AVENUE, ASHLAND KY 41101
Coffman Ralph E Jr	director, officer: President and CEO