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WCF Bancorp (WCF Bancorp) Effective Interest Rate on Debt % : 5.49% (As of Dec. 2018)


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What is WCF 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. WCF Bancorp's annualized positive value of Interest Expense for the quarter that ended in Dec. 2018 was $1.04 Mil. WCF Bancorp's average total debt for the quarter that ended in Dec. 2018 was $19.00 Mil. Therefore, WCF Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2018 was 5.49%.


WCF Bancorp Effective Interest Rate on Debt % Historical Data

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

WCF Bancorp Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.93 6.93 9.47 6.71 5.49

WCF Bancorp Semi-Annual Data
Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
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 24.93 6.93 9.47 6.71 5.49

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

For the Banks - Regional subindustry, WCF 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.


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

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

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



WCF Bancorp Effective Interest Rate on Debt % Calculation

WCF 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  *  -1.044/( (14+24)/ 2 )
=-1  *  -1.044/19
=5.49 %

where

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2017 )+Total Debt  (Q: Dec. 2018 ))/ count )
=-1  *  -1.044/( (14+24)/ 2 )
=-1  *  -1.044/19
=5.49 %

where

* 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 one times the annual (Dec. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


WCF Bancorp  (OTCPK:WCFB) Effective Interest Rate on Debt % Explanation

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


WCF Bancorp Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of WCF Bancorp's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


WCF Bancorp (WCF Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
401 Fair Meadow Drive, P.O. Box 638, Webster City, IA, USA, 50595
WCF Bancorp Inc is a bank holding company. It is engaged in the ownership and operation of banks. The business activities of the bank involve accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in real estate loans secured by one-to-four family residences. The bank also originates consumer loans and non-owner occupied one-to-four family residential real estate loans. Its primary sources of funds are deposits, principal and interest payments on loans and securities and advances. It derives revenue principally from the interest on loans and securities, and from loan origination and servicing fees.
Executives
Michelle Zahn officer: Chief Financial Officer 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Bradley Mickelson director 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Paul L Moen officer: Chief Financial Officer 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Michael R Segner director, officer: President and CEO 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Thomas J Hromatka director C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVENUE, FORT DODGE IA 50501
Kevin Eason officer: EVP and CCO 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
C Thomas Chalstrom director C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVE PO BOX 1237, FORT DODGE IA 50501
Kyle R Swon director, officer: SVP 220 DES MOINES ST, PO BOX 638, WEBSTER CITY IA 50595
Stephen L Mourlam director, officer: President and CEO 220 DES MOINES ST, PO BOX 638, WEBSTER CITY IA 50595
Leo Moriarity director 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Harold J Pursley director, other: Chairman 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Kasie L Doering officer: CFO 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595

WCF Bancorp (WCF Bancorp) Headlines

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