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Citizens Community Bancorp (Citizens Community Bancorp) Effective Interest Rate on Debt % : 25.00% (As of Dec. 2023)


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What is Citizens Community Bancorp 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. Citizens Community Bancorp's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $41.12 Mil. Citizens Community Bancorp's average total debt for the quarter that ended in Dec. 2023 was $164.47 Mil. Therefore, Citizens Community Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 25.00%.


Citizens Community Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for Citizens Community Bancorp'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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Citizens Community Bancorp Effective Interest Rate on Debt % Chart

Citizens Community Bancorp Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.90 8.01 5.89 6.77 19.84

Citizens Community Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.02 11.84 16.54 20.76 25.00

Competitive Comparison of Citizens Community Bancorp's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Citizens Community Bancorp'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.


Citizens Community Bancorp's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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



Citizens Community Bancorp Effective Interest Rate on Debt % Calculation

Citizens Community Bancorp'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  *  -35.899/( (214.939+146.995)/ 2 )
=-1  *  -35.899/180.967
=19.84 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=214.939 + 0
=214.939

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=146.995 + 0
=146.995

Citizens Community Bancorp'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  *  -41.116/( (181.937+146.995)/ 2 )
=-1  *  -41.116/164.466
=25.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=181.937 + 0
=181.937

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=146.995 + 0
=146.995

* 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.


Citizens Community Bancorp  (NAS:CZWI) Effective Interest Rate on Debt % Explanation

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


Citizens Community Bancorp Effective Interest Rate on Debt % Related Terms

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Citizens Community Bancorp (Citizens Community Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2174 EastRidge Center, Eau Claire, WI, USA, 54701
Citizens Community Bancorp Inc is a bank holding company that offers traditional community banking services to businesses, Agricultural operators, and consumers, including one-to-four-family residential mortgages. it also offers a variety of loan products including commercial real estate loans, commercial and industrial (C&I) loans, agricultural real estate loans, agricultural operating loans, residential mortgages, home equity lines-of-credit, and consumer loans and offers deposit products through its branches, including demand deposits, various savings and money-market accounts and certificates of deposit. The company's sources of funds are deposits; amortization, prepayments, and maturities of outstanding loans; other short- term investments; and funds provided from operations.
Executives
Stephen M Bianchi officer: CEO and President 225 S. MAIN AVENUE, SIOUX FALLS SD 57104
Kristina M Bourget director 1703 PINE PARK DRIVE, EAU CLAIRE WI 54701
Kathleen Skarvan other: Director of Subsidiary 40 WEST HIGHLAND PARK DR NE, HUTCHINSON MN 55350
James S Broucek officer: Chief Financial Officer
Timothy L Olson director 2727 PINE VIEW ROAD, EAU CLAIRE WI 54703
James D Moll director 400 9TH AVE SW, WELLS MN 56097
Francis E Felber director 754 OAK ST, BARRON WI 54812
William Glen Bertrand other: Director of Subsidiary E3420 N PINECREEK ROAD, ELEVA WI 54738
Richard Mchugh director, other: Chairman C/O CITIZENS COMMUNITY BANCORP, 2174 EASTRIDGE CENTER, EAU CLAIRE WI 54701
Nicholas William Amundsen other: Director of Subsidiary S4443 RYGG ROAD, EAU CLAIRE WI 54701
Martin S. Friedman 10 percent owner 7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
James R Lang director 2194 EASTRIDGE CENTER, EAU CLAIRE WI 54701
Michael R Conner other: Director of Subsidiary 1124 CUMMINGS COURT, EAU CLAIRE WI 54701
Brian R Schilling director C/O CITIZENS COMMUNITY BANCORP, 2174 EASTRIDGE CENTER, EAU CLAIRE WI 54701
Michael L Swenson director 1414 WEST HAMILTON AVE., STE 3, EAU CLAIRE WI 54701