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State Investors Bancorp (State Investors Bancorp) Interest Expense : $-2.58 Mil (TTM As of Sep. 2015)


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What is State Investors Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. State Investors Bancorp's interest expense for the three months ended in Sep. 2015 was $ -0.64 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was $-2.58 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. State Investors Bancorp's Operating Income for the three months ended in Sep. 2015 was $ Mil. State Investors Bancorp's Interest Expense for the three months ended in Sep. 2015 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


State Investors Bancorp Interest Expense Historical Data

The historical data trend for State Investors Bancorp's Interest Expense 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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State Investors Bancorp Interest Expense Chart

State Investors Bancorp Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Interest Expense
-4.43 -3.41 -2.72 -2.58 -2.61

State Investors Bancorp Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Interest Expense 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 -0.66 -0.66 -0.64 -0.64 -0.64

State Investors Bancorp Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.58 Mil.

* 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.


State Investors Bancorp (State Investors Bancorp) Business Description

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State Investors Bancorp Inc was organized by State-Investors Bank in February 2011. The Company is a savings and loan holding company regulated by the Board of Governors of the Federal Reserve System. State-Investors Bank is a federally chartered savings bank located in Metairie, Louisiana, which is in Jefferson Parish. State-Investors Bank's business consists of attracting deposits from the general public and using those funds to originate residential and commercial loans in Jefferson, Orleans and St. Tammany Parishes within the seven parish New Orleans-Metairie-Kenner Metropolitan Statistical Area. It lending activities are; loan portfolio composition, origination and purchase of loans, loan originations, contractual terms to final maturities, one- to four-family residential real estate loans, commercial real estate loans, land loans, multi-family residential loans, residential construction loans, home equity loans and lines of credit, consumer non-real estate loans, commercial business loans, loan origination and other fees. The Company competes with commercial banks, other savings banks and savings associations, mortgage-banking companies, short-term money market funds and other corporate and government securities funds, mutual funds and from other non-depository financial institutions such as brokerage firms and insurance companies. The types of loans that State Investors Bancorp may originate or purchase are subject to federal and state laws and regulations.

State Investors Bancorp (State Investors Bancorp) Headlines

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