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First South Bancorp (First South Bancorp) Total Assets : $1,073.48 Mil (As of Sep. 2017)


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What is First South Bancorp Total Assets?

First South Bancorp's Total Assets for the quarter that ended in Sep. 2017 was $1,073.48 Mil.

Total Assets is connected with ROA %. First South Bancorp's annualized ROA % for the quarter that ended in Sep. 2017 was 1.09%. Total Assets is also linked to Revenue through Asset Turnover. First South Bancorp's Asset Turnover for the quarter that ended in Sep. 2017 was 0.01.


First South Bancorp Total Assets Historical Data

The historical data trend for First South Bancorp'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.

First South Bancorp Total Assets Chart

First South Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 707.71 674.72 885.43 946.28 990.70

First South Bancorp Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 Premium Member Only 985.80 990.70 1,039.42 1,061.38 1,073.48

First South Bancorp 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.

First South Bancorp's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (A: Dec. 2016 )+Total Liabilities (A: Dec. 2016 )
=87.184+903.518
=990.70

First South Bancorp's Total Assets for the quarter that ended in Sep. 2017 is calculated as

Total Assets=Total Equity (Q: Sep. 2017 )+Total Liabilities (Q: Sep. 2017 )
=94.608+978.872
=1,073.48

* 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.


First South Bancorp  (NAS:FSBK) Total Assets Explanation

Total Assets is connected with ROA %.

First South Bancorp's annualized ROA % for the quarter that ended in Sep. 2017 is

ROA %=Net Income (Q: Sep. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=11.664/( (1061.379+1073.48)/ 2 )
=11.664/1067.4295
=1.09 %

Note: The Net Income data used here is four times the quarterly (Sep. 2017) 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.

First South Bancorp's Asset Turnover for the quarter that ended in Sep. 2017 is

Asset Turnover
=Revenue (Q: Sep. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=13.145/( (1061.379+1073.48)/ 2 )
=13.145/1067.4295
=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.

First South Bancorp Total Assets Related Terms

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First South Bancorp (First South Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
First South Bancorp Inc is a bank holding company. The bank has one significant operating segment, Commercial Banking Services. The bank provides both personal and business online banking services. The bank's principal business consists of attracting deposits from the general public and investing these funds in commercial real estate loans, commercial and industrial business loans, equipment leases, consumer loans and loans secured by first and second mortgages on owner-occupied, single-family residences in its market area.
Executives
William L Wall officer: Secretary 1131 CAROLINA AVE, WASHINGTON NC 27889

First South Bancorp (First South Bancorp) Headlines