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Square 1 Financial (Square 1 Financial) Scaled Net Operating Assets : -0.02 (As of Jun. 2015)


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What is Square 1 Financial 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.

Square 1 Financial's operating assets for the quarter that ended in Jun. 2015 was $3,524.2 Mil. Square 1 Financial's operating liabilities for the quarter that ended in Jun. 2015 was $3,585.9 Mil. Square 1 Financial's Total Assets for the quarter that ended in Mar. 2015 was $3,337.0 Mil. Therefore, Square 1 Financial's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2015 was -0.02.


Square 1 Financial 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.

Square 1 Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2014 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2014 )
=(Operating Assets (A: Dec. 2014 )-Operating Liabilities (A: Dec. 2014 ))/Total Assets (A: Dec. 2013 )
=(3006.694-2792.162)/2326.427
=0.09

where

Operating Assets(A: Dec. 2014 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3094.866 - 88.172
=3006.694

Operating Liabilities(A: Dec. 2014 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2792.162 - 0 - 0
=2792.162

Square 1 Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2015 )
=(Operating Assets (Q: Jun. 2015 )-Operating Liabilities (Q: Jun. 2015 ))/Total Assets (Q: Mar. 2015 )
=(3524.154-3585.857)/3337.024
=-0.02

where

Operating Assets(Q: Jun. 2015 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3912.503 - 388.349
=3524.154

Operating Liabilities(Q: Jun. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3585.857 - 0 - 0
=3585.857

* 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.


Square 1 Financial Scaled Net Operating Assets Related Terms

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Square 1 Financial (Square 1 Financial) Business Description

Traded in Other Exchanges
N/A
Address
Square 1 Financial Inc is incorporated in Delaware on October, 2004. The Company is a financial services company, providing financial services to entrepreneurs and venture capitalists. The Company is bank holding company for Square 1 Bank. Through Square 1 Bank, the Company provides banking activities on venture capital firms and private equity firms and the portfolio companies funded by such firms. It provides various financial services nationwide to these investors and their portfolio companies, including, among others, term commercial loans, revolving lines of credit, asset-based loans, deposit products and fee-based banking services, including credit cards, foreign exchange, cash management and letters of credit. The Company also provides senior debt facilities to its borrowers that are secured by substantially all of the assets of the borrower client. In some instances, it also obtain the guarantee of the venture firm that provided venture capital to its borrower client or, in the case of a borrower that has not received venture capital funding, a guarantee of individuals associated with the borrower. For early stage companies, the primary source of repayment is typically cash collateral held in accounts with the bank.
Executives
Patrick Timothy Oakes officer: EVP & CFO 406 BLACKWELL STREET SUITE 240 DURHAM NC 27701
John Pietrzak director WEST COAST BANCORP, 5335 MEADOWS ROAD, SUITE 201, LAKE OSWEGO OR 97035
W Kirk Wycoff director PATRIOT FINANCIAL PARTNERS, LP, 2929 ARCH STREET, 27TH FLOOR, PHILADELPHIA PA 19104
Seth Rudnick director 7100 WEST CREDIT AVENUE, SUITE 101, C/O ARALEZ PHARMACEUTICALS, MISSISSAUGA A6 L5N 0E4
Diane Earle officer: EVP -- Chief Credit Officer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Gregory Bruce Thompson officer: EVP -- Shared Services 406 BLACKWELL STREET, SUITE 240, DURHAM NC 27701
Frank Tower officer: EVP -- East Banking PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Paul Robert Burke director PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Douglas H Bowers director, officer: President & CEO 406 BLACKWELL STREET, SUITE 240, DURHAM NC 27701
Daniel Roy Mathis director 2352 ZODIAC ST., CARLSBAD CA 92009
Sam Bhaumik officer: EVP-Silicon Valley Banking 406 BLACKWELL STREET, SUITE 240, DURHAM NC 27701
Norman Creighton director 9601 WILSHIRE BOULEVARD, SUITE 220, BEVERLY HILLS CA 90210
Robert I Usdan director 99 PARK AVENUE, NEW YORK NY 10016