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Allegiance Bancshares (Allegiance Bancshares) Gross Property, Plant and Equipment : $58.5 Mil (As of Jun. 2022)


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What is Allegiance Bancshares Gross Property, Plant and Equipment?

Allegiance Bancshares's quarterly gross PPE declined from Dec. 2021 ($83.7 Mil) to Mar. 2022 ($62.2 Mil) and declined from Mar. 2022 ($62.2 Mil) to Jun. 2022 ($58.5 Mil).

Allegiance Bancshares's annual gross PPE increased from Dec. 2019 ($80.3 Mil) to Dec. 2020 ($87.3 Mil) but then declined from Dec. 2020 ($87.3 Mil) to Dec. 2021 ($83.7 Mil).


Allegiance Bancshares Gross Property, Plant and Equipment Historical Data

The historical data trend for Allegiance Bancshares's Gross Property, Plant and Equipment 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.

Allegiance Bancshares Gross Property, Plant and Equipment Chart

Allegiance Bancshares Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 27.70 52.67 80.30 87.32 83.65

Allegiance Bancshares Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Gross Property, Plant and Equipment 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 65.44 65.14 83.65 62.17 58.48

Allegiance Bancshares Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Allegiance Bancshares  (NAS:ABTX) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Allegiance Bancshares Gross Property, Plant and Equipment Related Terms

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Allegiance Bancshares (Allegiance Bancshares) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8847 West Sam Houston Parkway, North, Suite 200, Houston, TX, USA, 77040
Allegiance Bancshares Inc is a Texas-based holding company. The company through its subsidiary provides diversified commercial banking services to Houston metropolitan area-based small to medium-sized businesses and individual customers. Its objective is to grow and strengthen its community banking franchise by deploying its super-community banking strategy and by pursuing select strategic acquisitions in the Houston metropolitan area. The company offers business checking and loans, money market accounts, treasury management, certificates of deposit, and ebanking.
Executives
Roland L. Williams director 8847 W. SAM HOUSTON PKWY, N., SUITE 200 HOUSTON TX 77040
George Martinez director 38 WINCREST FALLS DR, CYPRESS TX 774295154
Aguirre Raimundo Riojas director 8847 W. SAM HOUSTON PKWY. N. SUITE 200 HOUSTON TX 77040
Jon-al Duplantier director C/O PARKER DRILLING COMPANY, 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
Okan I. Akin officer: EVP, Chief Risk Officer 8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040
E. Raimundo Riojas director 8847 W. SAM HOUSTON PARKWAY N., STE. 200 HOUSTON TX 77040
Fred S. Robertson director 8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040
Denise Castillo-rhodes director 8847 W. SAM HOUSTON PKWY. NORTH, SUITE 200, HOUSTON TX 77040
Janet S. Wong director 2510 LAKE FRONT CIRCLE, THE WOODLANDS TX 77380-1576
Umesh Jain director 8847 W. SAM HOUSTON PARKWAY N., STE 200 HOUSTON TX 77040
Nichols, Iii William S. director 8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040
Waters Louis A. Jr. director 8847 W. SAM HOUSTON PKWY. N., SUITE 200 HOUSTON TX 77040
David B. Moulton director 8847 W. SAM HOUSTON PARKWAY N., STE. 200 HOUSTON TX 77040
Robert Ivany director 8847 W. SAM HOUSTON PKWY. N. SUITE 200 HOUSTON TX 77040
Mckee Robert E Iii director 14927 SANDALFOOT, HOUSTON TX 77095

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