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Town Center Bank IL (Town Center Bank IL) Equity-to-Asset : 0.13 (As of Jun. 2023)


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What is Town Center Bank IL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Town Center Bank IL's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $16.23 Mil. Town Center Bank IL's Total Assets for the quarter that ended in Jun. 2023 was $129.96 Mil. Therefore, Town Center Bank IL's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.13.

The historical rank and industry rank for Town Center Bank IL's Equity-to-Asset or its related term are showing as below:

TCNB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.11   Max: 0.13
Current: 0.12

During the past 11 years, the highest Equity to Asset Ratio of Town Center Bank IL was 0.13. The lowest was 0.09. And the median was 0.11.

TCNB's Equity-to-Asset is ranked better than
75.6% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs TCNB: 0.12

Town Center Bank IL Equity-to-Asset Historical Data

The historical data trend for Town Center Bank IL's Equity-to-Asset 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.

Town Center Bank IL Equity-to-Asset Chart

Town Center Bank IL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.10 0.11 0.12 0.12

Town Center Bank IL Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23
Equity-to-Asset 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 0.10 0.12 0.13 0.13 0.12

Competitive Comparison of Town Center Bank IL's Equity-to-Asset

For the Banks - Regional subindustry, Town Center Bank IL's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Town Center Bank IL's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Town Center Bank IL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Town Center Bank IL's Equity-to-Asset falls into.



Town Center Bank IL Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Town Center Bank IL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=16.927/147.582
=0.11

Town Center Bank IL's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=16.228/129.964
=0.12

* 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.


Town Center Bank IL  (OTCPK:TCNB) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Town Center Bank IL Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Town Center Bank IL's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Town Center Bank IL (Town Center Bank IL) Business Description

Traded in Other Exchanges
N/A
Address
1938 E. Lincoln Highway, Unit 201, New Lenox, IL, USA, 60451
Town Center Bank IL provides banking products and services to families, businesses, and organizations in Illinois. Its primary deposit products are checking, savings, and term certificate accounts and its primary lending products are residential mortgages, commercial, commercial real estate, construction, land development, and consumer loans. Other financial instruments offered by the bank include loan commitments, credit lines, letters of credit, and overdraft protection.

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