SFSB (SFBI) Effective Interest Rate on Debt % : 14.71% (As of Mar. 2009)

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What is SFSB 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. SFSB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2009 was $5.22 Mil. SFSB's average total debt for the quarter that ended in Mar. 2009 was $35.48 Mil. Therefore, SFSB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2009 was 14.71%.

SFSB Effective Interest Rate on Debt % Historical Data

The historical data trend for SFSB'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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SFSB Effective Interest Rate on Debt % Chart

SFSB Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Effective Interest Rate on Debt %

11.60

12.14

14.50

16.48

16.18

SFSB Quarterly Data
	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												17.50	17.76	18.23	16.40	14.71

Competitive Comparison of SFSB's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, SFSB'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.

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

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

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

SFSB Effective Interest Rate on Debt % Calculation

SFSB's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2008 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2007 )	+	Total Debt (A: Dec. 2008 ))	/ count )
=	-1 * -5.722	/	( (35.077	+	35.633)	/ 2 )
=	-1 * -5.722	/	35.355
=	16.18 %

where

	Total Debt (A: Dec. 2007 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34	+	1.077
=	35.077

	Total Debt (A: Dec. 2008 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25	+	10.633
=	35.633

SFSB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2009 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2008 )	+	Total Debt (Q: Mar. 2009 ))	/ count )
=	-1 * -5.22	/	( (35.633	+	35.319)	/ 2 )
=	-1 * -5.22	/	35.476
=	14.71 %

where

	Total Debt (Q: Dec. 2008 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25	+	10.633
=	35.633

	Total Debt (Q: Mar. 2009 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25	+	10.319
=	35.319

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 (Mar. 2009) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

SFSB (OTCPK:SFBI) Effective Interest Rate on Debt % Explanation

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

SFSB Effective Interest Rate on Debt % Related Terms

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SFSB (SFBI) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

1614 Churchville Road, Bel Air, MD, USA, 21015

Website

http://www.slavie.com

SFSB Inc is a holding company engaged in the business of attracting deposits and investing those funds, together with funds generated from operations and borrowings in residential real estate & commercial mortgage loans.

SFSB (SFBI) Headlines

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