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White River Bancshares Company (White River Bancshares Company) Total Assets : $1,176.90 Mil (As of Mar. 2024)


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What is White River Bancshares Company Total Assets?

White River Bancshares Company's Total Assets for the quarter that ended in Mar. 2024 was $1,176.90 Mil.

Warning Sign:

If a company builds assets at 13.6% a year, faster than its revenue growth rate of 8.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, White River Bancshares Company's average Total Assets Growth Rate was 17.80% per year. During the past 3 years, the average Total Assets Growth Rate was 15.30% per year. During the past 5 years, the average Total Assets Growth Rate was 13.60% per year.

During the past 8 years, White River Bancshares Company's highest 3-Year average Total Assets Growth Rate was 15.30%. The lowest was 8.80%. And the median was 11.20%.

Total Assets is connected with ROA %. White River Bancshares Company's annualized ROA % for the quarter that ended in Mar. 2024 was 0.18%. Total Assets is also linked to Revenue through Asset Turnover. White River Bancshares Company's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

White River Bancshares Company Total Assets Historical Data

The historical data trend for White River Bancshares Company'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.

* Premium members only.

White River Bancshares Company Total Assets Chart

White River Bancshares Company Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 702.10 749.94 851.96 982.75 1,133.06

White River Bancshares Company Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Total 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 982.75 1,079.60 1,054.29 1,133.06 1,176.90

White River Bancshares Company 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.

White River Bancshares Company's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=79.549+1053.507
=1,133.06

White River Bancshares Company's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=79.373+1097.525
=1,176.90

* 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.

White River Bancshares Company  (OTCPK:WRIV) Total Assets Explanation

Total Assets is connected with ROA %.

White River Bancshares Company's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=2.036/( (1133.056+1176.899)/ 2 )
=2.036/1154.9775
=0.18 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

White River Bancshares Company's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=9.622/( (1133.056+1176.899)/ 2 )
=9.622/1154.9775
=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.

White River Bancshares Company Total Assets Related Terms

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White River Bancshares Company (White River Bancshares Company) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » White River Bancshares Company (OTCPK:WRIV) » Definitions » Total Assets
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TCBC CCFN OFED TBNK BKSC BRBS FMBM MGYR SFDL CCNB CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
Signature Plaza / 3878 North Crossover Road, P. O. Box 8550, Suite 20, Fayetteville, AR, USA, 72703
Website
https://www.signature.bank
White River Bancshares Company is a bank holding company. Through its subsidiary, it is engaged in providing a full range of financial services to individuals and commercial customers in Washington, Benton, Monroe, and Boone Counties in Arkansas. The Bank's primary deposit products are demand deposit accounts and certificates of deposit. Its primary lending products are real estate and commercial loans.