1st United Bancorp Net PP&E:
17.33M for March 31, 20131st United Bancorp Historical Net PP&E Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| March 31, 2013 | 17.33M |
| Dec. 31, 2012 | 17.78M |
| Sept. 30, 2012 | 18.17M |
| June 30, 2012 | 17.70M |
| March 31, 2012 | 12.19M |
| Dec. 31, 2011 | 12.38M |
| Sept. 30, 2011 | 10.62M |
| June 30, 2011 | 10.94M |
| March 31, 2011 | 9.808M |
| Dec. 31, 2010 | 9.823M |
| Sept. 30, 2010 | 9.082M |
About Net PP&E
Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.
For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.
Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:
$1,050,000 - $105,000 = $945,000
As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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FUBC Net PP&E Benchmarks
| Companies | |
|---|---|
| Cathay General Bancorp | 102.07M |
| United Bankshares | 72.17M |
| Summit State Bank |
FUBC Net PP&E Rankings
| Overall |
58th percentile 3332 of 8005 |
| Sector |
55th percentile 426 of 955 in Financial Services |
| Industry |
50th percentile 220 of 445 in Banks - Regional - US |
FUBC Net PP&E Range, Past 5 Years
| Minimum | 5.688M | Jun 2008 |
| Maximum | 18.17M | Sep 2012 |
| Average | 11.50M |
