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Midsouth Bancorp (Midsouth Bancorp) Effective Interest Rate on Debt % : 14.09% (As of Jun. 2019)


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What is Midsouth 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. Midsouth Bancorp's annualized positive value of Interest Expense for the quarter that ended in Jun. 2019 was $8.12 Mil. Midsouth Bancorp's average total debt for the quarter that ended in Jun. 2019 was $57.68 Mil. Therefore, Midsouth Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 was 14.09%.


Midsouth Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for Midsouth 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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Midsouth Bancorp Effective Interest Rate on Debt % Chart

Midsouth Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.47 7.62 9.44 10.06 12.32

Midsouth Bancorp Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 12.16 14.41 16.89 15.34 14.09

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

For the Banks - Regional subindustry, Midsouth 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.


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

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

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



Midsouth Bancorp Effective Interest Rate on Debt % Calculation

Midsouth Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2017 )+Total Debt  (A: Dec. 2018 ))/ count )
=-1  *  -7.508/( (72.188+49.667)/ 2 )
=-1  *  -7.508/60.9275
=12.32 %

where

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=72.188 + 0
=72.188

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=49.667 + 0
=49.667

Midsouth Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2019 )+Total Debt  (Q: Jun. 2019 ))/ count )
=-1  *  -8.124/( (57.87+57.483)/ 2 )
=-1  *  -8.124/57.6765
=14.09 %

where

Total Debt  (Q: Jun. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=57.483 + 0
=57.483

* 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 (Jun. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Midsouth Bancorp  (NYSE:MSL) Effective Interest Rate on Debt % Explanation

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


Midsouth Bancorp Effective Interest Rate on Debt % Related Terms

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Midsouth Bancorp (Midsouth Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
102 Versailles Boulevard, Lafayette, LA, USA, 70501
Midsouth Bancorp Inc is a financial holding company based in the United States. The company primarily operates through its wholly owned subsidiary and is engaged in the community banking business by providing banking services to commercial and retail customers. It focuses on providing commercial and consumer loan and deposit services to individuals and small to middle market businesses across America. Deposit products and services offered by the firm include interest-bearing and noninterest-bearing checking accounts, investment accounts, cash management services, and electronic banking services, including remote deposit capturing services, internet banking, and debit and credit cards.
Executives
D Michael Kramer director, other: Vice Chairman of the Board P O BOX 868, EVANSVILLE IN 47705-0868
John Arthur Davis officer: Chief Operating Officer 102 VERSAILLES BLVD, LAFAYETTE LA 70501
Keith Avant officer: Chief Credit Officer 102 VERSAILLES BLVD, LAFAYETTE LA 70501
Kade G Peterson officer: SEVP & Chief Operating Officer 102 VERSAILLES BLVD, LAFAYETTE LA 70501
A Dwight Utz officer: Senior VP of subsidiary POST OFFICE BOX 3745, LAFAYETTE LA 70502