OTCPK:YRKB

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York Traditions Bank

Executive Summary

York Traditions Bank, a community bank, provides commercial and consumer banking services in the Central Pennsylvania market.


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has York Traditions Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: YRKB has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

YRKB

7.1%

US Banks

-0.04%

US Market


1 Year Return

-16.9%

YRKB

-14.6%

US Banks

17.1%

US Market

Return vs Industry: YRKB matched the US Banks industry which returned -17.7% over the past year.

Return vs Market: YRKB underperformed the US Market which returned 16.8% over the past year.


Shareholder returns

YRKBIndustryMarket
7 Day0%7.1%-0.04%
30 Day0%8.7%5.1%
90 Day-3.2%22.8%19.5%
1 Year-16.9%-16.9%-11.6%-14.6%19.6%17.1%
3 Year-4.1%-4.1%-7.4%-14.9%42.5%33.3%
5 Year41.0%41.0%18.3%3.9%75.1%56.2%

Price Volatility Vs. Market

How volatile is York Traditions Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is York Traditions Bank undervalued compared to its fair value and its price relative to the market?

39.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: YRKB ($15) is trading below our estimate of fair value ($24.7)

Significantly Below Fair Value: YRKB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: YRKB is good value based on its PE Ratio (7.9x) compared to the US Banks industry average (10x).

PE vs Market: YRKB is good value based on its PE Ratio (7.9x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate YRKB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: YRKB's PB Ratio (0.8x) is in line with the US Banks industry average.


Next Steps

Future Growth

How is York Traditions Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as York Traditions Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Examine whether York Traditions Bank is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access York Traditions Bank's filings and announcementshere.
  • Explore growth companies in the Banks industry.

Past Performance

How has York Traditions Bank performed over the past 5 years?

22.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YRKB has high quality earnings.

Growing Profit Margin: YRKB's current net profit margins (23.4%) are lower than last year (23.8%).


Past Earnings Growth Analysis

Earnings Trend: YRKB's earnings have grown significantly by 22.6% per year over the past 5 years.

Accelerating Growth: YRKB's earnings growth over the past year (16.4%) is below its 5-year average (22.6% per year).

Earnings vs Industry: YRKB earnings growth over the past year (16.4%) exceeded the Banks industry -3%.


Return on Equity

High ROE: YRKB's Return on Equity (9.6%) is considered low.


Next Steps

Financial Health

How is York Traditions Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: YRKB's Assets to Equity ratio (10.1x) is moderate.

Allowance for Bad Loans: YRKB has a sufficient allowance for bad loans (330%).

Low Risk Liabilities: 97% of YRKB's liabilities are made up of primarily low risk sources of funding.

Loan Level: YRKB has an appropriate level of Loans to Assets ratio (76%).

Low Risk Deposits: YRKB's Loans to Deposits ratio (87%) is appropriate.

Level of Bad Loans: YRKB has an appropriate level of bad loans (0.3%).


Next Steps

Dividend

What is York Traditions Bank current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate YRKB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate YRKB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if YRKB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if YRKB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of YRKB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Gene Draganosky (56 yo)

3.58yrs

Tenure

US$348,011

Compensation

Mr. Eugene J. Draganosky, also known as Gene, has been the President of York Traditions Bank since April 1, 2015 and its the Chief Executive Officer since January 1, 2017. Mr. Draganosky served as Managing ...


CEO Compensation Analysis

Compensation vs Market: Gene's total compensation ($USD348.01K) is below average for companies of similar size in the US market ($USD589.17K).

Compensation vs Earnings: Gene's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Eugene Draganosky
President3.58yrsUS$348.01k0.28%
$ 129.4k
John Blecher
Founderno dataUS$238.80k0.56%
$ 260.4k
Michael Kochenour
Founder & Chairman of the Board18.58yrsUS$316.81k1.14%
$ 531.2k
Suzanne Becker
Director of Marketing & Communications1.58yrsno datano data
Patricia Martin
Director of Human Resources & Organization Development1.17yrsno datano data
Teresa Gregory
President of Traditions Mortgage10.58yrsno datano data
Michael Huson
Managing Director of Business Servicesno datano datano data
J. Poliski
Chief Credit Officer3.83yrsno datano data
Bradley Willow
Managing Director of Personal & Signature Banking3.42yrsno datano data
Justin Mann
Treasurerno datano datano data
Thomas Sposito
Strategic Revenue Officer0.17yrno datano data
Carolyn Schaefer
Consultant & Advisor3.08yrsno datano data

3.3yrs

Average Tenure

56yo

Average Age

Experienced Management: YRKB's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eugene Draganosky
President3.58yrsUS$348.01k0.28%
$ 129.4k
Michael Kochenour
Founder & Chairman of the Board18.58yrsUS$316.81k1.14%
$ 531.2k
Bertram Elsner
Member of Hanover Advisory Board3.75yrsno datano data
John Polli
Independent Director18.58yrsno data1.46%
$ 680.7k
Wanda Filer
Independent Director18.58yrsno data0.99%
$ 462.5k
John Brown
Independent Director18.58yrsno data6.47%
$ 3.0m
William Shorb
Independent Director18.58yrsno data0.93%
$ 433.3k
David Bode
Independent Director6.17yrsno data0.28%
$ 129.6k
Elizabeth Carson
Independent Director5.58yrsno data0.45%
$ 209.8k
Michael Kelly
Chairman of Hanover Advisory Board3.75yrsno datano data
Andrew Brough
Member of Hanover Advisory Board3.33yrsno datano data
R. Menzer
Director1.83yrsno data0.024%
$ 11.4k

5.9yrs

Average Tenure

61yo

Average Age

Experienced Board: YRKB's board of directors are considered experienced (5.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

York Traditions Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: York Traditions Bank
  • Ticker: YRKB
  • Exchange: OTCPK
  • Founded: 2002
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$46.777m
  • Shares outstanding: 3.12m
  • Website: https://www.yorktraditionsbank.com

Location

  • York Traditions Bank
  • 226 Pauline Drive
  • PO Box 3658
  • York
  • Pennsylvania
  • 17402
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YRKBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2014

Biography

York Traditions Bank, a community bank, provides commercial and consumer banking services in the Central Pennsylvania market. The company offers personal banking products and services, such as checking, sa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 00:11
End of Day Share Price2020/07/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.