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CNB (CNBW) Net Interest Margin (Bank Only) % : 3.60% (As of Mar. 2012)


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What is CNB Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. CNB's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2012 was $29.08 Mil. CNB's average earning assets for the quarter that ended in Mar. 2012 was $808.61 Mil. Therefore, CNB's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2012 was 3.60%.


CNB Net Interest Margin (Bank Only) % Historical Data

The historical data trend for CNB's Net Interest Margin (Bank Only) % 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.

CNB Net Interest Margin (Bank Only) % Chart

CNB Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Net Interest Margin (Bank Only) %
3.80 3.91 3.89 3.67 3.66

CNB Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
Net Interest Margin (Bank Only) % 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 3.58 3.75 3.75 3.65 3.60

Competitive Comparison of CNB's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, CNB's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CNB's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CNB's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where CNB's Net Interest Margin (Bank Only) % falls into.



CNB Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

CNB's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2011 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2011 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2010 ) + Earning Assets (A: Dec. 2011 ))/ count )
=30.17/( (835.347 + 815.24)/ 2 )
=30.17/825.2935
=3.66 %

where

Earning Assets(A: Dec. 2010 )
=Money Market Investments + Net Loan + Securities & Investments
=14 + 522.559 + 298.788
=835.347

Earning Assets(A: Dec. 2011 )
=Money Market Investments + Net Loan + Securities & Investments
=10 + 471.649 + 333.591
=815.24

CNB's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2012 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2012 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2011 ) + Earning Assets (Q: Mar. 2012 ))/ count )
=29.08/( (815.24 + 801.983)/ 2 )
=29.08/808.6115
=3.60 %

where

Earning Assets(Q: Dec. 2011 )
=Money Market Investments + Net Loan + Securities & Investments
=10 + 471.649 + 333.591
=815.24

Earning Assets(Q: Mar. 2012 )
=Money Market Investments + Net Loan + Securities & Investments
=13 + 457.094 + 331.889
=801.983

* 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.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2012) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


CNB  (OTCPK:CNBW) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


CNB Net Interest Margin (Bank Only) % Related Terms

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CNB (CNBW) Business Description

Industry
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Address
1400 Third Avenue, P.O. Box 320, Conway, SC, USA, 29526
CNB Corp is an independent community bank engaged in the general commercial banking business. Some of the major services provided include checking accounts, money market deposit accounts, IRA accounts, Health Savings Accounts, savings and time deposits of various types and loans to individuals for personal use, home mortgages, home improvement, automobiles, real estate, agricultural purposes and business needs. The majority of the Bank's customers are individuals and small to medium-sized businesses.

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