The total assets for new Frontier Bank as of December 31, 2008 were 2,009,347 dollars
while in December 31, 2007 the total assets were 1,973,669 dollars.
Return on assets (ROA) as of December 31, 2008 was -0.56% while in December 31,
2007, it was 0.72%. The Return on equity (ROE) as of December 31, 2008 was -6.95%
while in December 31, 2007, it was 8.03%.
As of December 31, 2008, the noncurrent assets plus other real estate owned to assets
was 8.08% while in December 31, 2007, it was 2.65%.The equity capital to assets ratio
was 7.83% in December 31, 2008, while in December 31, 2007, it was 8.21%.
Noncurrent assets are the sum of loans, leases, debt securities and other assets that are 90
days or more past due. In December 2007, the ratio was 2.65% but by the next year it
increased to over 8%. The ratio increased, signaling losses. The equity capital to assets
ratio indicates the company's ability to satisfy long-term debt. This ratio has also
increased. Both ratios indicate the inability of the bank to pay at the right time resulting