Patriot Federal Bank NY (Patriot Federal Bank NY) Total Assets : $34.05 Mil (As of Sep. 2007)

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What is Patriot Federal Bank NY Total Assets?

Patriot Federal Bank NY's Total Assets for the quarter that ended in Sep. 2007 was $34.05 Mil.

Total Assets is connected with ROA %. Patriot Federal Bank NY's annualized ROA % for the quarter that ended in Sep. 2007 was -2.58%. Total Assets is also linked to Revenue through Asset Turnover. Patriot Federal Bank NY's Asset Turnover for the quarter that ended in Sep. 2007 was 0.01.

Patriot Federal Bank NY Total Assets Historical Data

The historical data trend for Patriot Federal Bank NY'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.

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Patriot Federal Bank NY Total Assets Chart

Patriot Federal Bank NY Annual Data

Trend

Total Assets

Patriot Federal Bank NY Quarterly Data
	Mar07	Jun07	Sep07
Total Assets	24.21	30.18	34.05

Patriot Federal Bank NY 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.

Patriot Federal Bank NY's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets	=	Total Equity (A: . 20 )	+	Total Liabilities (A: . 20 )
	=	N/A	+	N/A
	=	N/A

Patriot Federal Bank NY's Total Assets for the quarter that ended in Sep. 2007 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2007 )	+	Total Liabilities (Q: Sep. 2007 )
	=	5.94	+	28.109
	=	34.05

Patriot Federal Bank NY (OTCPK:PFDB) Total Assets Explanation

Total Assets is connected with ROA %.

Patriot Federal Bank NY's annualized ROA % for the quarter that ended in Sep. 2007 is

ROA %	=	Net Income (Q: Sep. 2007 )	/	( (Total Assets (Q: Jun. 2007 )	+	Total Assets (Q: Sep. 2007 ))	/ count )
	=	-0.828	/	( (30.176	+	34.049)	/ 2 )
	=	-0.828	/	32.1125
	=	-2.58 %

Note: The Net Income data used here is four times the quarterly (Sep. 2007) 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.

Patriot Federal Bank NY's Asset Turnover for the quarter that ended in Sep. 2007 is

	Asset Turnover
=	Revenue (Q: Sep. 2007 )	/	( (Total Assets (Q: Jun. 2007 )	+	Total Assets (Q: Sep. 2007 ))	/ count )
=	0.298	/	( (30.176	+	34.049)	/ 2 )
=	0.298	/	32.1125
=	0.01

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.

Patriot Federal Bank NY Total Assets Related Terms

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Patriot Federal Bank NY (Patriot Federal Bank NY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Patriot Federal Bank NY (OTCPK:PFDB) » Definitions » Total Assets

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Address

Website

http://www.patriotfederalbank.com

Patriot Federal Bank NY was established in December 2005. It offers a variety of products tailored to the people of the Mohawk Valley and surrounding areas. Patriot Federal Bank offers an array of personal checking account options. The Bank offers home equity loans and lines of credit at extremely competitive rates. Patriot Federal Bank also offers a variety of personal loans at highly competitive rates. The Bank's goal is to provide quality financial services in a personal, professional manner.

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