Mountain Pacific Bancorp (Mountain Pacific Bancorp) Long-Term Capital Lease Obligation : $0.00 Mil (As of . 20)

View and export this data going back to 2019. Start your Free Trial

What is Mountain Pacific Bancorp Long-Term Capital Lease Obligation?

Mountain Pacific Bancorp's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil.

Mountain Pacific Bancorp Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mountain Pacific Bancorp'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.

* Premium members only.

Mountain Pacific Bancorp Long-Term Capital Lease Obligation Chart

Mountain Pacific Bancorp Annual Data

Trend

Long-Term Capital Lease Obligation

Mountain Pacific Bancorp Semi-Annual Data

Long-Term Capital Lease Obligation

Mountain Pacific Bancorp (OTCPK:MPCB) 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.

Mountain Pacific Bancorp Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Mountain Pacific Bancorp's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Mountain Pacific Bancorp (Mountain Pacific Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mountain Pacific Bancorp Inc (OTCPK:MPCB) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

3732 Broadway, Everett, WA, USA, 98201

Website

https://www.mp.bank

Mountain Pacific Bancorp Inc provides services to individual and corporate customers. It has branches in Lynnwood, Washington, and Ballard, Washington. The bank offers deposit products; checking and term certificate accounts and lending products which include commercial loans and commercial real estate loans.

Mountain Pacific Bancorp (Mountain Pacific Bancorp) Headlines

No Headlines