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FDBC (Fidelity D & D Bancorp) Goodwill : $19.63 Mil (As of Sep. 2024)


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What is Fidelity D & D 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. Fidelity D & D Bancorp's goodwill for the quarter that ended in Sep. 2024 was $19.63 Mil.


Fidelity D & D Bancorp Goodwill Historical Data

The historical data trend for Fidelity D & D 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.

Fidelity D & D Bancorp Goodwill Chart

Fidelity D & D Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 7.05 19.63 19.63 19.63

Fidelity D & D Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Goodwill 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 19.63 19.63 19.63 19.63 19.63

Fidelity D & D 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.


Fidelity D & D Bancorp  (NAS:FDBC) 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.

Fidelity D & D Bancorp's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=19.63/2503.159
=0.01

Fidelity D & D Bancorp's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Goodwill-to-Asset (Q: Sep. 2024 )=Goodwill/Total Assets
=19.63/2615.933
=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.

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.


Fidelity D & D Bancorp Goodwill Related Terms

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Fidelity D & D Bancorp Business Description

Traded in Other Exchanges
N/A
Address
Blakely and Drinker Streets, Dunmore, PA, USA, 18512
Fidelity D & D Bancorp Inc is a bank holding company. Through its wholly-owned state-chartered commercial bank subsidiary, The Fidelity Deposit and Discount Bank (the Bank), it offers a full range of traditional banking services. The Bank has a personal and corporate trust department and also provides alternative financial and insurance products with asset management services. Its primary market areas are Lackawanna, Luzerne and Northampton Counties, Pennsylvania. The company's primary deposit products are demand deposits and interest-bearing time, money market and savings accounts. It offers a full array of loan products to meet the needs of retail and commercial customers.
Executives
Brian J Cali director 1241 DECEMBER DRIVE, DUNMORE PA 18512
Daniel J Santaniello officer: EVP/Chief Operating Officer 307 RELDA ROAD, ROARING BROOK TWP PA 18444
Alan Silverman director 100 FAIRINGTON LANE, WAVERLY PA 18471
Pacyna Michael J Jr officer: Executive VP & CLO 202 WHITETAIL LN, CLARKS SUMMIT PA 18411
Eugene J Walsh officer: Executive Vice President 6 CARTEL LANE, SPRINGBROOK TOWNSHIP PA 18444
Defrancesco Salvatore R Jr officer: Treasurer & CFO 117 ILAINA DR, MOOSIC PA 18507
Helenbeth Garofalo Vilcek director P.O. BOX 179, BANGOR PA 18013
Ruth G. Turkington officer: Chief Consumer Banking Officer 98 GORDON ROAD, ESSEX FELLS NJ 07021
Theresa M Hinton officer: General Counsel 513 WEDGE DRIVE, DICKSON CITY PA 18519
Paul C. Woelkers director 916 OLD LOGGER ROAD, MOSCOW PA 18444
Kristin D O'donnell director 31 SUNSET DRIVE, JEFFERSON TOWNSHIP PA 18436
Joyce William J. Sr. director 414 SOUTH STREET, AVOCA PA 18641
Richard M. Hotchkiss director 575 SOUTH 4TH STREET, BANGOR PA 18013-2547
Michael J Mcdonald director 2016 GREEN RIDGE ST., DUNMORE PA 18512
Timothy P O'brien officer: EVP/Chief Commercial Bk Off 1013 SUMMERFIELD DRIVE, DALTON PA 18414