Surrey Bancorp (Surrey Bancorp) Interest Expense : $-1.00 Mil (TTM As of Dec. 2018)

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What is Surrey Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Surrey Bancorp's interest expense for the three months ended in Dec. 2018 was $ -0.28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 was $-1.00 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. Surrey Bancorp's Operating Income for the three months ended in Dec. 2018 was $ Mil. Surrey Bancorp's Interest Expense for the three months ended in Dec. 2018 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.

Surrey Bancorp Interest Expense Historical Data

The historical data trend for Surrey 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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Surrey Bancorp Interest Expense Chart

Surrey Bancorp Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Interest Expense

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-1.35

-1.14

-0.91

-0.90

-1.00

Surrey Bancorp Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Interest Expense	Get a 7-Day Free Trial															-0.22	-0.23	-0.24	-0.26	-0.28

Surrey 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 Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.00 Mil.

Surrey Bancorp (Surrey Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Surrey Bancorp (OTCPK:SRYB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

145 North Renfro Street, Mount Airy, NC, USA, 27030

Website

https://www.surreybank.com

Surrey Bancorp is engaged in offering comprehensive individual and corporate financial services. The Bank serves Surry County, North Carolina and Patrick County, Virginia and surrounding areas through six banking offices. Its services include demand and time deposits as well as commercial, installment, mortgage and other consumer lending services, insurance and investment services.