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Hamlin Bank and Trust Co (Hamlin Bank and Trust Co) Scaled Net Operating Assets : 0.22 (As of Sep. 2007)


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What is Hamlin Bank and Trust Co 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.

Hamlin Bank and Trust Co's operating assets for the quarter that ended in Sep. 2007 was $341.76 Mil. Hamlin Bank and Trust Co's operating liabilities for the quarter that ended in Sep. 2007 was $265.27 Mil. Hamlin Bank and Trust Co's Total Assets for the quarter that ended in Jun. 2007 was $354.67 Mil. Therefore, Hamlin Bank and Trust Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2007 was 0.22.


Hamlin Bank and Trust Co 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.

Hamlin Bank and Trust Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2006 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2006 )
=(Operating Assets (A: Dec. 2006 )-Operating Liabilities (A: Dec. 2006 ))/Total Assets (A: Dec. 2005 )
=(348.603-258.046)/372.351
=0.24

where

Operating Assets(A: Dec. 2006 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=356.242 - 7.639
=348.603

Operating Liabilities(A: Dec. 2006 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=282.491 - 0.007 - 24.438
=258.046

Hamlin Bank and Trust Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2007 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2007 )
=(Operating Assets (Q: Sep. 2007 )-Operating Liabilities (Q: Sep. 2007 ))/Total Assets (Q: Jun. 2007 )
=(341.757-265.274)/354.669
=0.22

where

Operating Assets(Q: Sep. 2007 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=349.631 - 7.874
=341.757

Operating Liabilities(Q: Sep. 2007 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=279.483 - 0 - 14.209
=265.274

* 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.


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Hamlin Bank and Trust Co (Hamlin Bank and Trust Co) Business Description

Traded in Other Exchanges
N/A
Address
333 West Main Street, PO Box 367, Smethport, PA, USA, 16749
Hamlin Bank and Trust Co are a United States-based state charted commercial bank. It offers a variety of financial and trust services. The company provides services such as personal banking services, business banking services, trust services, and other banking services. Its services include estate settlement, investment management, custodial services, savings facility, certificate of deposit, loan products, among others.