GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern Connecticut Bancorp (DELISTED:SSE) » Definitions » Liabilities-to-Assets

Southern Connecticut Bancorp (Southern Connecticut Bancorp) Liabilities-to-Assets : 0.91 (As of Mar. 2013)


View and export this data going back to . Start your Free Trial

What is Southern Connecticut Bancorp Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Southern Connecticut Bancorp's Total Liabilities for the quarter that ended in Mar. 2013 was $110.31 Mil. Southern Connecticut Bancorp's Total Assets for the quarter that ended in Mar. 2013 was $121.77 Mil. Therefore, Southern Connecticut Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2013 was 0.91.


Southern Connecticut Bancorp Liabilities-to-Assets Historical Data

The historical data trend for Southern Connecticut Bancorp's Liabilities-to-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.

Southern Connecticut Bancorp Liabilities-to-Assets Chart

Southern Connecticut Bancorp Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.89 0.91 0.92 0.91

Southern Connecticut Bancorp Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
Liabilities-to-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 0.91 0.91 0.90 0.91 0.91

Competitive Comparison of Southern Connecticut Bancorp's Liabilities-to-Assets

For the Banks - Regional subindustry, Southern Connecticut Bancorp's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Southern Connecticut Bancorp's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southern Connecticut Bancorp's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Southern Connecticut Bancorp's Liabilities-to-Assets falls into.



Southern Connecticut Bancorp Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Southern Connecticut Bancorp's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2012 is calculated as:

Liabilities-to-Assets (A: Dec. 2012 )=Total Liabilities/Total Assets
=109.899/121.447
=0.90

Southern Connecticut Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2013 is calculated as

Liabilities-to-Assets (Q: Mar. 2013 )=Total Liabilities/Total Assets
=110.307/121.768
=0.91

* 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.


Southern Connecticut Bancorp  (DELISTED:SSE) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Southern Connecticut Bancorp Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Southern Connecticut Bancorp's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Southern Connecticut Bancorp (Southern Connecticut Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Website
Southern Connecticut Bancorp, Inc., a Connecticut corporation was incorporated on November 8, 2000. It is a bank holding company The Company owns 100% of the capital stock of The Bank of Southern Connecticut (the 'Bank'), a Connecticut-chartered bank. The Bank operates branches at four locations, including downtown New Haven, the Amity/Westville section of New Haven, Branford and North Haven. It focuses on serving the banking needs of small to medium-sized businesses, professionals and professional corporations, and their owners and employees in the Greater New Haven Market. The Bank offers loans to businesses and individuals in its service area, including commercial and business loans, industrial loans, personal loans, commercial and home mortgage loans, home equity loans and automobile loans. The Bank has attracted a base of core deposits, including interest bearing and non-interest bearing checking accounts, money market accounts, savings accounts, sweep accounts, NOW accounts, repurchase agreements, and a variety of certificates of deposits and IRA accounts. The primary sources of deposits have been and are expected to continue to be small to medium-sized businesses, professionals (lawyers, doctors, accountants, etc.) and professional corporations, and their owners and employees. The Bank obtains these deposits through personal solicitation by its officers and directors, outside programs and advertisements published and/or broadcasted in the local media. It offers internet-banking services to its customers, including commercial cash management services and personal banking services. The Bank offers remote deposit capture, which offers check deposit capabilities for customers from their place of business. It also offers drive-in teller services, automated teller services, wire transfer, lock box and safe deposit services. The Bank provides a range of other services and products, including cashier's checks, money orders, travelers' checks, bank-by-mail, direct deposit and U.S. Savings Bonds. It is associated with a shared network of automated teller machines that its customers are able to use throughout Connecticut and other regions. The Company operates in a heavily regulated industry and is subject to increasing regulatory review and scrutiny from the Federal Reserve Board, the Connecticut Banking Commissioner, and the FDIC. There are numerous banks and other financial institutions serving the Greater New Haven Market posing significant competition to attract deposits and loans. The Banks and bank holding companies are extensively regulated under both federal and state law.

Southern Connecticut Bancorp (Southern Connecticut Bancorp) Headlines

No Headlines