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Community West Bancshares (Community West Bancshares) Effective Interest Rate on Debt % : 20.80% (As of Dec. 2023)


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What is Community West Bancshares Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Community West Bancshares's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $22.82 Mil. Community West Bancshares's average total debt for the quarter that ended in Dec. 2023 was $109.73 Mil. Therefore, Community West Bancshares's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 20.80%.


Community West Bancshares Effective Interest Rate on Debt % Historical Data

The historical data trend for Community West Bancshares's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Community West Bancshares Effective Interest Rate on Debt % Chart

Community West Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.66 15.39 5.84 4.41 15.07

Community West Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.06 33.20 34.09 20.80 18.30

Competitive Comparison of Community West Bancshares's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Community West Bancshares's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Community West Bancshares's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Community West Bancshares's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Community West Bancshares's Effective Interest Rate on Debt % falls into.



Community West Bancshares Effective Interest Rate on Debt % Calculation

Community West Bancshares's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -19.989/( (115.599+149.744)/ 2 )
=-1  *  -19.989/132.6715
=15.07 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=69.599 + 46
=115.599

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=69.744 + 80
=149.744

Community West Bancshares's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -22.824/( (69.708+149.744)/ 2 )
=-1  *  -22.824/109.726
=20.80 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=69.708 + 0
=69.708

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=69.744 + 80
=149.744

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Community West Bancshares  (NAS:CWBC) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Community West Bancshares Effective Interest Rate on Debt % Related Terms

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Community West Bancshares (Community West Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
7100 N. Financial Drive, Suite 101, Fresno, CA, USA, 93720
Central Valley Community Bancorp offers a full range of commercial banking services to small and medium size businesses, their owners, managers, and employees in the central valley area of California. It conducts a commercial banking business, which includes accepting demand, savings and time deposits and making commercial, real estate, and consumer loans. The company also provides domestic and international wire transfer services and provides safe deposit boxes and other customary banking services. It is also engaged in internet banking which consists of inquiry, account status, bill paying, account transfers, and cash management.
Executives
Dawn M Cagle officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Jeffrey Michael Martin officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Shannon R Avrett officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
James J Kim officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Daniel J Doyle director, officer: PRESIDENT & CEO 10335 N. ARCHIE, FRESNO CA 93720
Andriana D Majarian director 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Blaine Lauhon officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Patrick A Luis officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Louis C Mcmurray director, 10 percent owner 2520 NORTH ARGYLE, FRESNO CA 93727
Daniel N Cunningham director 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Anthony Kenneth Ramos officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Teresa Gilio officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Dawn P Crusinberry officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
David A Kinross officer: Executive Vice President 600 POLLASKY AVENUE, CLOVIS CA 93612
Robert J Flautt director 905 SUTTER ST #100, FOLSOM CA 95630

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