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PBAM (Private Bancorp of America) Total Assets : $2,386.37 Mil (As of Sep. 2024)


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What is Private Bancorp of America Total Assets?

Private Bancorp of America's Total Assets for the quarter that ended in Sep. 2024 was $2,386.37 Mil.

During the past 12 months, Private Bancorp of America's average Total Assets Growth Rate was 17.00% per year. During the past 3 years, the average Total Assets Growth Rate was 21.30% per year. During the past 5 years, the average Total Assets Growth Rate was 24.60% per year. During the past 10 years, the average Total Assets Growth Rate was 25.50% per year.

During the past 13 years, Private Bancorp of America's highest 3-Year average Total Assets Growth Rate was 102.30%. The lowest was 13.40%. And the median was 25.35%.

Total Assets is connected with ROA %. Private Bancorp of America's annualized ROA % for the quarter that ended in Sep. 2024 was 1.62%. Total Assets is also linked to Revenue through Asset Turnover. Private Bancorp of America's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.


Private Bancorp of America Total Assets Historical Data

The historical data trend for Private Bancorp of America'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.

Private Bancorp of America Total Assets Chart

Private Bancorp of America Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 847.16 1,065.99 1,329.74 1,517.08 1,854.88

Private Bancorp of America Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1,976.74 2,074.22 2,187.78 2,285.68 2,386.37

Private Bancorp of America 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.

Private Bancorp of America's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=143.324+1711.556
=1,854.88

Private Bancorp of America'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 )
=214.213+2172.16
=2,386.37

* 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.


Private Bancorp of America  (OTCPK:PBAM) Total Assets Explanation

Total Assets is connected with ROA %.

Private Bancorp of America'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 )
=37.812/( (2285.684+2386.373)/ 2 )
=37.812/2336.0285
=1.62 %

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.

Private Bancorp of America'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 )
=27.141/( (2285.684+2386.373)/ 2 )
=27.141/2336.0285
=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.

Private Bancorp of America Total Assets Related Terms

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Private Bancorp of America Business Description

Traded in Other Exchanges
N/A
Address
9404 Genesee Avenue, Suite 100, La Jolla, CA, USA, 90237
Private Bancorp of America Inc operates through its bank holding which is a commercial bank chartered by the State of California. The bank provides deposit and loan services and also specializes in making loans on commercial real estate, as well as small to mid-sized business loans. Its offerings also include personal and business banking. The company operates in La Jolla, San Diego, Coronado, Newport Beach, Beverly Hills, El Segundo, San Marcos, Temecula, and Redlands.