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Third Century Bancorp (Third Century Bancorp) Total Assets : $135.92 Mil (As of Jun. 2007)


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What is Third Century Bancorp Total Assets?

Third Century Bancorp's Total Assets for the quarter that ended in Jun. 2007 was $135.92 Mil.

Total Assets is connected with ROA %. Third Century Bancorp's annualized ROA % for the quarter that ended in Jun. 2007 was 0.21%. Total Assets is also linked to Revenue through Asset Turnover. Third Century Bancorp's Asset Turnover for the quarter that ended in Jun. 2007 was 0.01.


Third Century Bancorp Total Assets Historical Data

The historical data trend for Third Century Bancorp'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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Third Century Bancorp Total Assets Chart

Third Century Bancorp Annual Data
Trend Dec04 Dec05 Dec06
Total Assets
126.16 128.15 133.50

Third Century Bancorp Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 130.18 131.53 133.50 137.15 135.92

Third Century Bancorp 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.

Third Century Bancorp's Total Assets for the fiscal year that ended in Dec. 2006 is calculated as

Total Assets=Total Equity (A: Dec. 2006 )+Total Liabilities (A: Dec. 2006 )
=19.426+114.077
=133.50

Third Century Bancorp's Total Assets for the quarter that ended in Jun. 2007 is calculated as

Total Assets=Total Equity (Q: Jun. 2007 )+Total Liabilities (Q: Jun. 2007 )
=18.831+117.089
=135.92

* 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.


Third Century Bancorp  (OTCPK:TDCB) Total Assets Explanation

Total Assets is connected with ROA %.

Third Century Bancorp's annualized ROA % for the quarter that ended in Jun. 2007 is

ROA %=Net Income (Q: Jun. 2007 )/( (Total Assets (Q: Mar. 2007 )+Total Assets (Q: Jun. 2007 ))/ count )
=0.292/( (137.154+135.92)/ 2 )
=0.292/136.537
=0.21 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Third Century Bancorp's Asset Turnover for the quarter that ended in Jun. 2007 is

Asset Turnover
=Revenue (Q: Jun. 2007 )/( (Total Assets (Q: Mar. 2007 )+Total Assets (Q: Jun. 2007 ))/ count )
=1.394/( (137.154+135.92)/ 2 )
=1.394/136.537
=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.

Third Century Bancorp Total Assets Related Terms

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Third Century Bancorp (Third Century Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
80 East Jefferson Street, Franklin, IN, USA, 46131
Third Century Bancorp operates as a holding company. It provides banking and financial services to individual and corporate customers. The bank offers a variety of deposit products, loans, mortgages, and other products.

Third Century Bancorp (Third Century Bancorp) Headlines