Folsom Lake Bank Ca (Folsom Lake Bank Ca) Effective Interest Rate on Debt % : 62.67% (As of Sep. 2007)

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What is Folsom Lake Bank Ca 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. Folsom Lake Bank Ca's annualized positive value of Interest Expense for the quarter that ended in Sep. 2007 was $0.19 Mil. Folsom Lake Bank Ca's average total debt for the quarter that ended in Sep. 2007 was $0.30 Mil. Therefore, Folsom Lake Bank Ca's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2007 was 62.67%.

Folsom Lake Bank Ca Effective Interest Rate on Debt % Historical Data

The historical data trend for Folsom Lake Bank Ca'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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Folsom Lake Bank Ca Effective Interest Rate on Debt % Chart

Folsom Lake Bank Ca Annual Data

Trend

Effective Interest Rate on Debt %

Folsom Lake Bank Ca Quarterly Data
	Jun07	Sep07
Effective Interest Rate on Debt %	-	62.67

Competitive Comparison of Folsom Lake Bank Ca's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Folsom Lake Bank Ca'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.

Folsom Lake Bank Ca's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Folsom Lake Bank Ca's Effective Interest Rate on Debt % falls into.

Folsom Lake Bank Ca Effective Interest Rate on Debt % Calculation

Folsom Lake Bank Ca's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: . 20 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

Folsom Lake Bank Ca's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2007 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2007 )	+	Total Debt (Q: Sep. 2007 ))	/ count )
=	-1 * -0.188	/	( (0	+	0.3)	/ 1 )
=	-1 * -0.188	/	0.3
=	62.67 %

where

	Total Debt (Q: Jun. 2007 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Sep. 2007 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.3	+	0
=	0.3

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 (Sep. 2007) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Folsom Lake Bank Ca (OTCPK:FOLB) Effective Interest Rate on Debt % Explanation

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

Folsom Lake Bank Ca Effective Interest Rate on Debt % Related Terms

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Folsom Lake Bank Ca (Folsom Lake Bank Ca) Business Description

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Address

Website

http://www.folsomlakebank.com

Folsom Lake Bank opened its doors for the first time on April 3, 2007. Folsom Lake Bank is a full service commercial bank offering a complete range of services to consumers and businesses. The bank focuses on small business clients, professionals and individuals in the communities surrounding Folsom Lake. The bank has a full service ATM located in the courtyard along with a merchant depository for after hours deposits. Folsom Lake Bank also offers online banking and bill pay completely free of charge. Because the bank is new, it utilizes the most current products and the latest technology.

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