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DSBX (Dogwood State Bank) Total Assets : $2,214.73 Mil (As of Sep. 2024)


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What is Dogwood State Bank Total Assets?

Dogwood State Bank's Total Assets for the quarter that ended in Sep. 2024 was $2,214.73 Mil.

During the past 12 months, Dogwood State Bank's average Total Assets Growth Rate was 63.50% per year. During the past 3 years, the average Total Assets Growth Rate was 33.50% per year. During the past 5 years, the average Total Assets Growth Rate was 61.70% per year.

During the past 7 years, Dogwood State Bank's highest 3-Year average Total Assets Growth Rate was 97.70%. The lowest was 33.50%. And the median was 68.75%.

Total Assets is connected with ROA %. Dogwood State Bank's annualized ROA % for the quarter that ended in Sep. 2024 was -1.03%. Total Assets is also linked to Revenue through Asset Turnover. Dogwood State Bank's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.


Dogwood State Bank Total Assets Historical Data

The historical data trend for Dogwood State Bank's Total Assets 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.

Dogwood State Bank Total Assets Chart

Dogwood State Bank Annual Data
Trend Dec05 Dec06 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 347.55 611.53 925.09 1,118.26 1,431.69

Dogwood State Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets 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 1,468.46 1,431.69 1,448.51 1,510.75 2,214.73

Dogwood State Bank Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Dogwood State Bank's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=164.503+1267.185
=1,431.69

Dogwood State Bank's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=225.074+1989.654
=2,214.73

* 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.


Dogwood State Bank  (OTCPK:DSBX) Total Assets Explanation

Total Assets is connected with ROA %.

Dogwood State Bank's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-19.12/( (1510.751+2214.728)/ 2 )
=-19.12/1862.7395
=-1.03 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Dogwood State Bank's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=22.173/( (1510.751+2214.728)/ 2 )
=22.173/1862.7395
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Dogwood State Bank Total Assets Related Terms

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Dogwood State Bank Business Description

Traded in Other Exchanges
N/A
Address
5401 Six Forks Road, Suite 100, Raleigh, NC, USA, 27609
Dogwood State Bank is a North Carolina state-chartered community bank. the bank provides a wide range of banking products and services through its digital offerings and seven branch offices in Charlotte, Fayetteville, Greenville, Morehead city, Raleigh, Sanford, and Wilmington, North Carolina. It also specializes in providing lending services to small businesses through its Dogwood State Bank small business lending division.