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Evans Bancorp (Evans Bancorp) Scaled Net Operating Assets : -0.05 (As of Mar. 2024)


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What is Evans Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Evans Bancorp's operating assets for the quarter that ended in Mar. 2024 was $1,813.12 Mil. Evans Bancorp's operating liabilities for the quarter that ended in Mar. 2024 was $1,918.91 Mil. Evans Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $2,108.66 Mil. Therefore, Evans Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.05.


Evans Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Evans Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(2085.196-1750.081)/2178.51
=0.15

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2108.663 - 23.467
=2085.196

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1930.444 - 180.363 - 0
=1750.081

Evans Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1813.116-1918.905)/2108.663
=-0.05

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2259.944 - 446.828
=1813.116

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2085.349 - 166.444 - 0
=1918.905

* 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.


Evans Bancorp Scaled Net Operating Assets Related Terms

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Evans Bancorp (Evans Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
6460 Main Street, Williamsville, NY, USA, 14221
Evans Bancorp Inc is a financial holding company. Through its subsidiaries, it provides various banking services to consumers and commercial customers in the USA. The firm operates in two segments, Banking Activities and Insurance Agency Activities. The banking business segment includes both commercial and consumer banking services, including lending and depository services and offering non-deposit investment products, such as annuities and mutual funds. The insurance agency segment includes the activities of selling various premium-based insurance policies on a commission basis, including business and personal insurance, employee benefits, surety bonds, risk management, life, disability and long-term care coverage, and providing claims adjusting services to various insurance companies.
Executives
Miller Robert G Jr director, officer: Pres. M&W Agency/ENB Assoc. 1845 LAKE ROAD, SILVER CREEK NY 14136
David J Nasca director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Lee C Wortham director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Jody L Lomeo director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Robert A James director 6460 MAIN STREET, WILLIAMSVILLE NY 14221
Dawn Deperrior director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Kevin D Maroney director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
John B Connerton officer: Vice President/Controller ONE GRIMSBY DRIVE, HAMBURG NY 14075
Waring Thomas H Jr director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Aaron Whitehouse officer: President, The Evans Agency ONE GRIMSBY DRIVE, HAMBURG NY 14075
Oliver Sommer director ONE GRIMSBY DRIVE, HAMBURG NY 14075
St. George Mark G. officer: President, The Evans Agency ONE GRIMSBY DRIVE, HAMBURG NY 14075
Kimberley A Minkel director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Christina P Orsi director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Michael A Battle director ONE GRIMSBY DRIVE, HAMBURG NY 14075