Folsom Lake Bank Ca (Folsom Lake Bank Ca) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2007)

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What is Folsom Lake Bank Ca LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Folsom Lake Bank Ca's long-term debt to total assests ratio for the quarter that ended in Sep. 2007 was 0.01.

Folsom Lake Bank Ca's long-term debt to total assets ratio increased from . 20 (0.00) to Sep. 2007 (0.01). It may suggest that Folsom Lake Bank Ca is progressively becoming more dependent on debt to grow their business.

Folsom Lake Bank Ca LT-Debt-to-Total-Asset Historical Data

The historical data trend for Folsom Lake Bank Ca's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Folsom Lake Bank Ca Annual Data

Trend

LT-Debt-to-Total-Asset

Folsom Lake Bank Ca Quarterly Data
	Jun07	Sep07
LT-Debt-to-Total-Asset	-	0.01

Folsom Lake Bank Ca LT-Debt-to-Total-Asset Calculation

Folsom Lake Bank Ca's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

Folsom Lake Bank Ca's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2007 is calculated as

LT Debt to Total Assets (Q: Sep. 2007 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2007 )	/	Total Assets (Q: Sep. 2007 )
	=	0.3	/	24.714
	=	0.01

Folsom Lake Bank Ca (OTCPK:FOLB) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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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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