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1st Colonial Bancorp (1st Colonial Bancorp) Goodwill : $0.00 Mil (As of Dec. 2017)


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What is 1st Colonial Bancorp 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. 1st Colonial Bancorp's goodwill for the quarter that ended in Dec. 2017 was $0.00 Mil.


1st Colonial Bancorp Goodwill Historical Data

The historical data trend for 1st Colonial Bancorp'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.

* Premium members only.

1st Colonial Bancorp Goodwill Chart

1st Colonial Bancorp Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Goodwill
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1st Colonial Bancorp Semi-Annual Data
Jun07 Dec07 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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1st Colonial Bancorp 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.


1st Colonial Bancorp  (OTCPK:FCOB) 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.

1st Colonial Bancorp's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Goodwill-to-Asset (A: Dec. 2017 )=Goodwill/Total Assets
=0/540.131
=0.00

1st Colonial Bancorp's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

Goodwill-to-Asset (Q: Dec. 2017 )=Goodwill/Total Assets
=0/540.131
=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.


1st Colonial Bancorp Goodwill Related Terms

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1st Colonial Bancorp (1st Colonial Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1000 Atrium Way, Suite 200, Mount Laurel, NJ, USA, 08054
1st Colonial Bancorp Inc owns and supervises the bank, a community-oriented, full-service commercial bank providing commercial and consumer financial services to businesses and individuals in Camden County, NJ, and surrounding areas. It offers personal banking, business banking, residential lending, and other services.

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