Cincinnati Bancorp (Cincinnati Bancorp) Scaled Net Operating Assets : 0.26 (As of Jun. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Cincinnati Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cincinnati Bancorp's operating assets for the quarter that ended in Jun. 2023 was $288.73 Mil. Cincinnati Bancorp's operating liabilities for the quarter that ended in Jun. 2023 was $210.42 Mil. Cincinnati Bancorp's Total Assets for the quarter that ended in Mar. 2023 was $304.72 Mil. Therefore, Cincinnati Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.26.

Cincinnati Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cincinnati Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(288.03	-	234.322)	/	251.464
=	0.21

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	303.155	-	15.125
=	288.03

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	263.322	-	29	-	0
=	234.322

Cincinnati Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Mar. 2023 )
=	(288.731	-	210.422)	/	304.724
=	0.26

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	306.318	-	17.587
=	288.731

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	266.422	-	56	-	0
=	210.422

* 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.

Cincinnati Bancorp Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Cincinnati Bancorp's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Cincinnati Bancorp (Cincinnati Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cincinnati Bancorp Inc (OTCPK:CNNB) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6581 Harrison Avenue, Cincinnati, OH, USA, 45247

Website

https://www.cincinnatifederal.com

Cincinnati Bancorp Inc provides banking and financial services to individual and corporate customers in Hamilton County, Ohio, and surrounding areas. It provides mortgage banking services. Its business consists of taking deposits from the public and investing those deposits, together with borrowings and funds generated from operations, in one to four-family residential real estate loans, and, to a lesser extent, nonresidential real estate, and multi-family loans, home equity loans and lines of credit and construction and land loans.

Executives

Robert A. Bedinghaus	director, officer: Executive Chairman	6581 HARRISON AVENUE, CINCINNATI OH 45247
Andrew J. Nurre	director	6581 HARRISON AVENUE, CINCINNATI OH 45247
Harold L. Anness	director	6581 HARRISON AVENUE, CINCINNATI OH 45247
Stuart H. Anness	director	6581 HARRISON AVENUE, CINCINNATI OH 45247
Charles G. Skidmore	director	6581 HARRISON AVENUE, CINCINNATI OH 45247
Philip E Wehrman	director	6581 HARRISON AVENUE, CINCINNATI OH 45247
Joseph V. Bunke	officer: President	6581 HARRISON AVENUE, CINCINNATI OH 45247
Gregory W Meyers	officer: Chief Lending Officer	FIRST FRANKLIN CORPORATION, 4750 ASHWOOD DRIVE, CINCINNATI OH 45241
Herbert C. Brinkman	officer: Chief Financial Officer	6581 HARRISON AVENUE, CINCINNATI OH 45247
Henry C. Dolive	other: Director of Subsidiary	6581 HARRISON AVENUE, CINCINNATI OH 45247
Deborah A Pastura	other: Advisory Board Member	6581 HARRISON AVENUE, CINCINNATI OH 45247
Jay P Thelen	other: Advisory Board Member	6581 HARRISON AVENUE, CINCINNATI OH 45247
Mark Anthe	other: Advisory Board Member	6581 HARRISON AVENUE, CINCINNATI OH 45247