Athens Bancshares (Athens Bancshares) Accounts Payable & Accrued Expense : $5.65 Mil (As of Sep. 2017)

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What is Athens Bancshares Accounts Payable & Accrued Expense?

Athens Bancshares's quarterly accounts payable & accrued expense declined from Mar. 2017 ($5.47 Mil) to Jun. 2017 ($5.21 Mil) but then increased from Jun. 2017 ($5.21 Mil) to Sep. 2017 ($5.65 Mil).

Athens Bancshares's annual accounts payable & accrued expense increased from Dec. 2014 ($4.64 Mil) to Dec. 2015 ($4.85 Mil) and increased from Dec. 2015 ($4.85 Mil) to Dec. 2016 ($5.45 Mil).

Athens Bancshares Accounts Payable & Accrued Expense Historical Data

The historical data trend for Athens Bancshares's Accounts Payable & Accrued 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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Athens Bancshares Accounts Payable & Accrued Expense Chart

Athens Bancshares Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Accounts Payable & Accrued Expense

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4.27

4.23

4.64

4.85

5.45

Athens Bancshares Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5.42	5.45	5.47	5.21	5.65

Athens Bancshares Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Athens Bancshares (Athens Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Athens Bancshares Corp (OTCPK:AFCB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.athensfederal.com

Athens Bancshares Corp is a bank holding company of Athens Federal Community Bank. It provides financial services to individuals and corporate customers. The company's deposit products include checking, savings, certificates of deposit and IRA accounts. The primary lending products are one-to-four family residential, commercial real estate, and consumer loans. The company's loan portfolio divides into five segments commercial, residential 1-4 family, commercial real estate and multi-family, construction and land and consumer and other.

Executives

Jeffrey L Cunningham	director, officer: President & CEO	ATHENS BANCSHARES CORPORATION, 106 WASHINGTON AVENUE PO BOX 869, ATHENS TN 37371
Myra Nandora Jenne	director	106 WASHINGTON AVENUE, PO BOX 869, ATHENS TN 37371