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Citizens First (Citizens First) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2019)


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What is Citizens First Long-Term Capital Lease Obligation?

Citizens First's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2019 was $0.00 Mil.


Citizens First Long-Term Capital Lease Obligation Historical Data

The historical data trend for Citizens First's Long-Term Capital Lease Obligation 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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Citizens First Long-Term Capital Lease Obligation Chart

Citizens First Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Long-Term Capital Lease Obligation
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Citizens First Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Citizens First  (NAS:CZFC) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Citizens First Long-Term Capital Lease Obligation Related Terms

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Citizens First (Citizens First) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1065 Ashley Street, Bowling Green, KY, USA, 42103
Citizens First Corp is the bank holding company for Citizens First Bank, operational in the United States. The Bank conducts full-service community banking operations and is primarily engaged in the business of accepting demand, savings and time deposits insured by the Federal Deposit Insurance Corporation (FDIC) and providing commercial, consumer, and mortgage loans to the general public. The Bank also provides debit cards, credit cards, safekeeping and safe deposit boxes, automated clearing house (ACH) and other direct deposit services, savings bond redemptions, cashier's checks, travelers' checks and letters of credit.
Executives
Jack Sheidler director 1065 ASHLEY STREET, SUITE 200, BOWLING GREEN KY 42130
Charles Bradford Harris officer: Exe VP and Corp Gen Counsel 2500 EASTPOINT PARKWAY, LOUISVILLE KY 40223
Maria L Bouvette director, officer: President and CEO 162 S BUCKMAN STREET, SHEPHERDSVILLE KY 40165
J Chester Porter 10 percent owner 162 S. BUCKMAN STREET, SHEPHERDSVILLE KY 40165