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Lumbee Guaranty Bank (Lumbee Guaranty Bank) Scaled Net Operating Assets : 0.00 (As of Mar. 2024)


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What is Lumbee Guaranty Bank 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.

Lumbee Guaranty Bank's operating assets for the quarter that ended in Mar. 2024 was $474.44 Mil. Lumbee Guaranty Bank's operating liabilities for the quarter that ended in Mar. 2024 was $471.86 Mil. Lumbee Guaranty Bank's Total Assets for the quarter that ended in Dec. 2023 was $519.66 Mil. Therefore, Lumbee Guaranty Bank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.00.

Lumbee Guaranty Bank 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.

Lumbee Guaranty Bank'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 )
=(475.381-477.363)/484.339
=-0.00

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=519.656 - 44.275
=475.381

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=477.375 - 0.012 - 0
=477.363

Lumbee Guaranty Bank'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 )
=(474.436-471.86)/519.656
=0.00

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=513.832 - 39.396
=474.436

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=471.86 - 0 - 0
=471.86

* 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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Lumbee Guaranty Bank (Lumbee Guaranty Bank) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lumbee Guaranty Bank (OTCPK:LUMB) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
403 East Third Street, PO Box 908, Pembroke, NC, USA, 28372
Website
https://www.lumbeeguarantybank.com
Lumbee Guaranty Bank is a state-chartered bank. The bank extends both commercial and consumer loans throughout its market area and offers a wide range of saving, spending, and borrowing products and services. The bank operates through approximately fourteen full-service offices in Robeson, Cumberland, and Hoke Counties.