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SSB Bancorp (SSB Bancorp) Scaled Net Operating Assets : 0.04 (As of Mar. 2024)


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What is SSB 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.

SSB Bancorp's operating assets for the quarter that ended in Mar. 2024 was $272.52 Mil. SSB Bancorp's operating liabilities for the quarter that ended in Mar. 2024 was $260.77 Mil. SSB Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $295.82 Mil. Therefore, SSB Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.04.


SSB 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.

SSB Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(269.108-248.376)/251.181
=0.08

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=295.824 - 26.716
=269.108

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=268.626 - 20.25 - 0
=248.376

SSB Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(272.516-260.768)/295.824
=0.04

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=308.721 - 36.205
=272.516

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=281.018 - 20.25 - 0
=260.768

* 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.


SSB Bancorp Scaled Net Operating Assets Related Terms

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SSB Bancorp (SSB Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
8700 Perry Highway, Pittsburgh, PA, USA, 15237
SSB Bancorp Inc is engaged in the provision of financial services to individuals and corporate customers. The bank offers deposits, loans, consumer financing, certificate of deposits, mortgage loans, card services, internet banking, insurance, and other related services.
Executives
Moon Joseph Daniel Iv director, officer: President, CEO & CFO 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Gretchen Givens Generett director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Kenneth J. Broadbent director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Benjamin Contrucci officer: Vice President of Subsidiary 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Peter F. Stires officer: VP of Comm Lending 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Docchio David H. Jr. director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Mark C. Joseph director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Bernie M. Simons director 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Bancorp, Mhc Ssb 10 percent owner 8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Jennifer R. Harris officer: Chief Lending Officer of Sub 8700 PERRY HIGHWAY, PITTSBURGH PA 15237