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CCFN (Muncy Columbia Financial) Intangible Assets : $36.20 Mil (As of Sep. 2024)


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What is Muncy Columbia Financial Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Muncy Columbia Financial's intangible assets for the quarter that ended in Sep. 2024 was $36.20 Mil.


Muncy Columbia Financial Intangible Assets Historical Data

The historical data trend for Muncy Columbia Financial's Intangible 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.

Muncy Columbia Financial Intangible Assets Chart

Muncy Columbia Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.03 9.30 9.36 7.94 37.50

Muncy Columbia Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Intangible 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 7.94 37.50 36.96 36.76 36.20

Muncy Columbia Financial Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Muncy Columbia Financial  (OTCPK:CCFN) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Muncy Columbia Financial Intangible Assets Related Terms

Thank you for viewing the detailed overview of Muncy Columbia Financial's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Muncy Columbia Financial Business Description

Traded in Other Exchanges
N/A
Address
232 East Street, Bloomsburg, PA, USA, 17815
Muncy Columbia Financial Corp is a registered financial holding company. It has one subsidiary bank, Journey Bank, which is a full-service commercial bank providing a range of services and products, including time and demand deposit accounts, consumer, commercial and mortgage loans to individuals and small to medium-sized businesses in its Northcentral Pennsylvania market area. The Bank also operates a full-service trust department and offers brokerage services through a third-party networking agreement. It serves individuals, families, nonprofits and business clients throughout Clinton, Columbia, Lycoming, Montour, and Northumberland counties through its branch banking offices.
Executives
Steven H Shannon director PO BOX 803, BLOOMSBURG PA 17815
Jeffrey Thomas Arnold officer: Treasurer, CFO 1414 BRUSHY RIDGE ROAD, MONTOURSVILLE PA 17754
Paul K Page officer: Senior Vice President 11 WEST MAIN STREET, BLOOMSBURG PA 17815
Robert W Dillon director PO BOX 180, BLOOMSBURG PA 17815
Kile Willard H Jr director
Charles B Pursel director 120 WEST MAIN STREET, BLOOMSBURG PA 17815
P Jeffrey Hill director 2204 SHASTA DRIVE, BLOOMSBURG PA 17815
Gittler William F Jr director PMB 288, SUITE 1, 150 EAST NINTH ST., BLOOMSBURG PA 17815
Shirley K Alters officer: Senior Vice President & CFO 19 APPLE LANE, BLOOMSBURG PA 17815
Glenn E Halterman director 1417 TREELINE DRIVE, BLOOMSBURG PA 17815
Naugle Mary Ann B director 68 VISTA ROAD, BERWICK PA 18603
Joanne I Keenan director 2 BITTERSWEET DRIVE, BLOOMSBURG PA 17815
Andrew B Pruden director THE INN AT TURKEY HILL, 991 CENTRAL ROAD, BLOOMSBURG PA 17815
Harding Elwood R Jr director
Mcmichael W Bruce Jr director 83 DEER PATH DR, BERWICK PA 18603

Muncy Columbia Financial Headlines

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