Ohio Legacy Corporation (OLCB)
Ohio Legacy Corporation Beneish M-Score: -2.999
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OLCB Beneish M-Score Rankings
| Overall | 74th percentile | 967 of 3771 |
| Sector | 30th percentile | 467 of 676 in Financial |
| Industry | 4th percentile | 20 of 21 in Money Center Banks |
OLCB Beneish M-Score Range, Past 5 Years
| Minimum | -4.196 | Dec 2008 |
| Maximum | 41.64 | Dec 2010 |
| Average | 5.811 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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OLCB News
Premier Bank & Trust to sell Wooster branches to Commercial and Savings Bank
Jun 24, 9:23AM FlyOnTheWall
Jun 24, 9:23AM FlyOnTheWall
The Commercial and Savings Bank Announces Agreement to Acquire Wooster Branches of Premier Bank & Trust
Jun 24, 8:20AM Business Wire
Jun 24, 8:20AM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| OLCB | 1.08 | +0.07 | +6.98% | 21.30M |
| OLBK | 10.54 | -0.01 | -0.14% | 71.74M |
| OKSB | 9.51 | +0.01 | +0.11% | 184.78M |
| OKS | 54.65 | -1.05 | -1.89% | 11.35B |
| OKE | 82.99 | -0.22 | -0.26% | 8.647B |
| SBR | 49.15 | -0.27 | -0.55% | 720.54M |
| SBNY | 61.44 | -0.52 | -0.84% | 2.861B |
| SBLK | 0.80 | +0.01 | +1.27% | 63.48M |
| SBI | 10.34 | -0.23 | -2.18% | |
| SAH | 14.89 | -0.01 | -0.07% | 784.48M |
