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Crystal Valley Financial

OTCPK:CYVF
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CYVF
OTCPK
$81M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

Crystal Valley Financial Corporation operates as the holding company for First State Bank that provides various personal and business banking products and services in Northern Indiana. The last earnings update was 61 days ago. More info.


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CYVF Share Price and Events
7 Day Returns
-0%
OTCPK:CYVF
-1.1%
US Banks
0.1%
US Market
1 Year Returns
4%
OTCPK:CYVF
-9.1%
US Banks
1.2%
US Market
CYVF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Crystal Valley Financial (CYVF) -0% 0.9% 2.2% 4% 55.6% 138%
US Banks -1.1% -1.1% -3.3% -9.1% 43.9% 38.4%
US Market 0.1% 0.6% 0.9% 1.2% 36.7% 37.9%
1 Year Return vs Industry and Market
  • CYVF outperformed the Banks industry which returned -9.1% over the past year.
  • CYVF outperformed the Market in United States of America which returned 1.2% over the past year.
Price Volatility
CYVF
Industry
5yr Volatility vs Market

CYVF Value

 Is Crystal Valley Financial undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Crystal Valley Financial to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Crystal Valley Financial.

OTCPK:CYVF Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $38.67 * 11.4%
$4.40
Book Value of Equity per Share Median Book Value from the past 5 years. $38.67
Discount Rate (Cost of Equity) See below 10%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:CYVF
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.59 (1 + (1- 21%) (31.32%))
1.227
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.23
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.227 * 5.96%)
10.04%

Discounted Cash Flow Calculation for OTCPK:CYVF using Excess Returns Model Model

The calculations below outline how an intrinsic value for Crystal Valley Financial is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

OTCPK:CYVF Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (11.4% – 10.04%) * $38.67)
$0.52
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.52 / (10.04% - 2.73%)
$7.05
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $38.67 + $7.05
$45.72
OTCPK:CYVF Discount to Share Price
Calculation Result
Value per share (USD) From above. $45.72
Current discount Discount to share price of $52.50
= -1 x ($52.50 - $45.72) / $45.72
-14.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Crystal Valley Financial is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Crystal Valley Financial's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Crystal Valley Financial's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:CYVF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $5.54
OTCPK:CYVF Share Price ** OTCPK (2019-06-18) in USD $52.5
United States of America Banks Industry PE Ratio Median Figure of 600 Publicly-Listed Banks Companies 12.66x
United States of America Market PE Ratio Median Figure of 3,092 Publicly-Listed Companies 17.63x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Crystal Valley Financial.

OTCPK:CYVF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:CYVF Share Price ÷ EPS (both in USD)

= 52.5 ÷ 5.54

9.47x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Crystal Valley Financial is good value based on earnings compared to the US Banks industry average.
  • Crystal Valley Financial is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Crystal Valley Financial's expected growth come at a high price?
Raw Data
OTCPK:CYVF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
1.8%per year
United States of America Banks Industry PEG Ratio Median Figure of 272 Publicly-Listed Banks Companies 1.36x
United States of America Market PEG Ratio Median Figure of 2,126 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Crystal Valley Financial, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Crystal Valley Financial's assets?
Raw Data
OTCPK:CYVF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $44.77
OTCPK:CYVF Share Price * OTCPK (2019-06-18) in USD $52.5
United States of America Banks Industry PB Ratio Median Figure of 603 Publicly-Listed Banks Companies 1.19x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
OTCPK:CYVF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:CYVF Share Price ÷ Book Value per Share (both in USD)

= 52.5 ÷ 44.77

1.17x

* Primary Listing of Crystal Valley Financial.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Crystal Valley Financial is good value based on assets compared to the US Banks industry average.
X
Value checks
We assess Crystal Valley Financial's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Crystal Valley Financial has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CYVF Future Performance

 How is Crystal Valley Financial expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Crystal Valley Financial, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Crystal Valley Financial expected to grow at an attractive rate?
  • Crystal Valley Financial's earnings growth is positive but not above the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Crystal Valley Financial's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Crystal Valley Financial's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:CYVF Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:CYVF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 1.8%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 3.8%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:CYVF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:CYVF Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 27 9
2018-12-31 26 9
2018-09-30 26 8
2018-06-30 26 8
2018-03-31 26 7
2017-12-31 25 7
2017-09-30 24 7
2017-06-30 23 7
2017-03-31 23 6
2016-12-31 22 6
2016-09-30 22 6
2016-06-30 22 5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Crystal Valley Financial's earnings are expected to grow by 1.8% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Crystal Valley Financial is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:CYVF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Crystal Valley Financial Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CYVF Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 5.54
2018-12-31 5.54
2018-09-30 5.23
2018-06-30 5.07
2018-03-31 4.74
2017-12-31 4.41
2017-09-30 4.40
2017-06-30 4.24
2017-03-31 4.03
2016-12-31 3.85
2016-09-30 3.65
2016-06-30 3.37

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Crystal Valley Financial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Crystal Valley Financial's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Crystal Valley Financial has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CYVF Past Performance

  How has Crystal Valley Financial performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Crystal Valley Financial's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Crystal Valley Financial's year on year earnings growth rate has been positive over the past 5 years.
  • Crystal Valley Financial's 1-year earnings growth is less than its 5-year average (16.9% vs 18.2%)
  • Crystal Valley Financial's earnings growth has not exceeded the US Banks industry average in the past year (16.9% vs 40.4%).
Earnings and Revenue History
Crystal Valley Financial's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Crystal Valley Financial Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CYVF Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 26.55 8.62 13.96
2018-12-31 26.28 8.62 13.78
2018-09-30 26.38 8.14 13.71
2018-06-30 26.03 7.90 13.50
2018-03-31 25.50 7.38 13.38
2017-12-31 24.86 6.86 13.21
2017-09-30 23.87 6.85 12.95
2017-06-30 23.46 6.59 12.82
2017-03-31 22.92 6.26 12.67
2016-12-31 22.45 5.96 12.52
2016-09-30 22.44 5.65 11.82
2016-06-30 21.78 5.23 11.76
2016-03-31 21.59 5.01 11.71
2015-12-31 21.34 4.89 11.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Crystal Valley Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Crystal Valley Financial used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if Crystal Valley Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Crystal Valley Financial's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Crystal Valley Financial has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CYVF Health

 How is Crystal Valley Financial's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Crystal Valley Financial's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Crystal Valley Financial Company Filings, last reported 2 months ago.

OTCPK:CYVF Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 69.23 25.42 14.65
2018-12-31 66.38 30.70 23.40
2018-09-30 63.65 31.26 15.09
2018-06-30 62.79 36.31 19.40
2018-03-31 61.11 26.01 24.13
2017-12-31 60.96 26.84 30.34
2017-09-30 60.18 27.54 42.56
2017-06-30 58.89 26.69 21.80
2017-03-31 56.17 25.81 28.05
2016-12-31 54.28 26.57 22.16
2016-09-30 55.60 26.97 23.80
2016-06-30 54.31 25.15 17.50
2016-03-31 52.36 26.10 31.72
2015-12-31 51.04 27.86 18.65
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Crystal Valley Financial has an acceptable proportion of non-loan assets held.
  • Crystal Valley Financial's liabilities are made up of primarily low risk sources of funding.
  • Loans at Crystal Valley Financial are broadly funded by customer deposits.
  • Crystal Valley Financial's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Crystal Valley Financial has a sufficient allowance for bad loans without relevant financial data.
  • Unable to establish if Crystal Valley Financial has an acceptable level of bad loans without bad loans data.
X
Financial health checks
We assess Crystal Valley Financial's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Crystal Valley Financial has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CYVF Dividends

 What is Crystal Valley Financial's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.36%
Current annual income from Crystal Valley Financial dividends.
If you bought $2,000 of Crystal Valley Financial shares you are expected to receive $47 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Crystal Valley Financial's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Crystal Valley Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:CYVF Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 478 Stocks 2.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:CYVF Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-18 1.240 2.385
2019-01-17 1.200 2.405
2018-10-16 1.200 2.405
2018-07-16 1.200 2.268
2018-04-16 1.120 2.217
2018-01-16 1.040 2.043
2017-10-16 0.960 1.897
2017-07-25 0.880 1.840
2017-04-18 0.800 1.840
2017-01-20 0.720 1.730
2016-10-17 0.640 1.657
2016-07-18 0.640 1.804
2016-04-19 0.560 1.665
2016-01-15 0.520 1.557
2014-10-31 0.440 1.536

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Crystal Valley Financial has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Crystal Valley Financial only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Crystal Valley Financial's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.7x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Crystal Valley Financial's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Crystal Valley Financial afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Crystal Valley Financial has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CYVF Management

 What is the CEO of Crystal Valley Financial's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
D. Caffee
TENURE AS CEO 5.4 years
CEO Bio

Mr. D. Joe Caffee serves as President, Chief Executive Officer and Director at Crystal Valley Financial Corporation and First State Bank of Middlebury. Raised as a farm boy and trained to be an educator, D. Joe Caffee began his banking career in 2001. He had been working as a Credit Analyst at a Community Bank for three months. Following that inspiring training, he spent 13 years advancing from Consumer Lender to Chief Lender and a Board of Directors seat. He came to Michiana in 2014 as President and CEO of First State Bank of Middlebury and hasn’t looked back. He is passionate about community banking and loves to make a positive difference in the communities where First State Bank does business.

CEO Compensation
  • Insufficient data for D. to compare compensation growth.
  • Insufficient data for D. to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

D. Caffee

TITLE
President
TENURE
5.4 yrs

Greg Krider

TITLE
Senior VP & CFO
AGE
62

Sam Hoover

TITLE
Executive VP

Jared Sponseller

TITLE
VP & Controller
Board of Directors Tenure

Average tenure of the Crystal Valley Financial board of directors in years:

14.4
Average Tenure
  • The average tenure for the Crystal Valley Financial board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

R. Lord

TITLE
Chairman of the Board
TENURE
16.4 yrs

D. Caffee

TITLE
President
TENURE
5.4 yrs

Sam Hoover

TITLE
Executive VP
TENURE
22.4 yrs

Derald Bontrager

TITLE
Director
TENURE
12.4 yrs

Carl Eash

TITLE
Secretary & Director

Cynthia Gillard

TITLE
Director
TENURE
12.4 yrs

R. Myers

TITLE
Director
TENURE
17.4 yrs

Joe Smucker

TITLE
Director
TENURE
16.4 yrs

John Gardner

TITLE
Director
TENURE
9.4 yrs

Jim Hiatt

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Crystal Valley Financial's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Crystal Valley Financial has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CYVF News

Simply Wall St News

CYVF Company Info

Description

Crystal Valley Financial Corporation operates as the holding company for First State Bank that provides various personal and business banking products and services in Northern Indiana. Its deposits products include checking, savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit. The company also provides auto, home, personal, mortgage, construction, and home equity loans; and commercial loans and lines, term loans, lines of credit, agricultural loans, commercial real estate, letters of credit, and small business administration loans. In addition, it offers trust, wealth management, and investment services; and various insurance services, including automobile, homeowners, renters/tenants, mobile home coverage, agriculture, general liability, property, workmen’s compensation, life, and health insurance. Further, the company offers credit cards, telephone banking, reorder checks, merchant card, cash management, remote deposit, online and mobile banking, and bill payment services. It serves customers through a network of six offices located in Elkhart and St. Joseph counties of Northern Indiana. Crystal Valley Financial Corporation was founded in 1910 and is based in Middlebury, Indiana.

Details
Name: Crystal Valley Financial Corporation
CYVF
Exchange: OTCPK
Founded: 1910
$81,179,280
1,546,272
Website: http://www.bfirst.bank
Address: Crystal Valley Financial Corporation
111 South Main Street,
Middlebury,
Indiana, 46540,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK CYVF Common Stock Pink Sheets LLC US USD 25. Mar 2004
Number of employees
Current staff
Staff numbers
0
Crystal Valley Financial employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 23:52
End of day share price update: 2019/06/18 00:00
Last earnings filing: 2019/04/18
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.