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Chino Commercial Bancorp (Chino Commercial Bancorp) Return-on-Tangible-Equity : 4.98% (As of Dec. 2012)


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What is Chino Commercial Bancorp Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Chino Commercial Bancorp's annualized net income for the quarter that ended in Dec. 2012 was $0.43 Mil. Chino Commercial Bancorp's average shareholder tangible equity for the quarter that ended in Dec. 2012 was $8.67 Mil. Therefore, Chino Commercial Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2012 was 4.98%.

The historical rank and industry rank for Chino Commercial Bancorp's Return-on-Tangible-Equity or its related term are showing as below:

CCBC's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.7
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Chino Commercial Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for Chino Commercial Bancorp's Return-on-Tangible-Equity 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.

Chino Commercial Bancorp Return-on-Tangible-Equity Chart

Chino Commercial Bancorp Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.12 5.55 4.52 6.09 7.29

Chino Commercial Bancorp Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
Return-on-Tangible-Equity 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 10.31 5.89 7.20 4.98 7.75

Competitive Comparison of Chino Commercial Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Chino Commercial Bancorp's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Chino Commercial Bancorp's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Chino Commercial Bancorp's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Chino Commercial Bancorp's Return-on-Tangible-Equity falls into.



Chino Commercial Bancorp Return-on-Tangible-Equity Calculation

Chino Commercial Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=0.59/( (7.472+8.722 )/ 2 )
=0.59/8.097
=7.29 %

Chino Commercial Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2012 )  (Q: Sep. 2012 )(Q: Dec. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2012 )  (Q: Sep. 2012 )(Q: Dec. 2012 )
=0.432/( (8.618+8.722)/ 2 )
=0.432/8.67
=4.98 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2012) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Chino Commercial Bancorp  (OTCPK:CCBC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Chino Commercial Bancorp Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Chino Commercial Bancorp's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Chino Commercial Bancorp (Chino Commercial Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
14245 Pipeline Avenue, Chino, CA, USA, 91710
Chino Commercial Bancorp is a community-oriented bank, the bank offers a wide array of personal, consumer and commercial services. The operating segments are One-to-Four Residential, Residential Income, Construction, Commercial Real Estate, Commercial and Industrial and Other. It provides a broad range of deposit instruments and general banking services, including checking, savings, and money market accounts; certificate of deposit for both business and personal accounts; telebanking (banking by phone); and courier services. The bank also provides a wide variety of lending products for both businesses and consumers.

Chino Commercial Bancorp (Chino Commercial Bancorp) Headlines

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