Spirit of Texas Bancshares (Spirit of Texas Bancshares) Accounts Payable & Accrued Expense : $0.8 Mil (As of Dec. 2021)

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What is Spirit of Texas Bancshares Accounts Payable & Accrued Expense?

Spirit of Texas Bancshares's quarterly accounts payable & accrued expense declined from Jun. 2021 ($0.9 Mil) to Sep. 2021 ($0.8 Mil) but then increased from Sep. 2021 ($0.8 Mil) to Dec. 2021 ($0.8 Mil).

Spirit of Texas Bancshares's annual accounts payable & accrued expense increased from Dec. 2019 ($1.2 Mil) to Dec. 2020 ($1.3 Mil) but then declined from Dec. 2020 ($1.3 Mil) to Dec. 2021 ($0.8 Mil).

Spirit of Texas Bancshares Accounts Payable & Accrued Expense Historical Data

The historical data trend for Spirit of Texas Bancshares's Accounts Payable & Accrued 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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Spirit of Texas Bancshares Accounts Payable & Accrued Expense Chart

Spirit of Texas Bancshares Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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0.41

0.70

1.22

1.30

0.78

Spirit of Texas Bancshares Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.30	1.16	0.86	0.78	0.78

Spirit of Texas Bancshares Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Spirit of Texas Bancshares (Spirit of Texas Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Spirit of Texas Bancshares Inc (NAS:STXB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

MIL:BDB BEY:BYB XNEP:PCBL FLIC CCNE CARE XTUN:BT OSTO:TFBANK GCBC XNEP:NMB

Traded in Other Exchanges

N/A

Address

1836 Spirit of Texas Way, Conroe, TX, USA, 77301

Website

https://www.sotb.com

Spirit of Texas Bancshares Inc offers a broad range of commercial and retail banking services. The company offers business checking accounts, lending, treasury management, mortgages, personal financial security, and mobile and online banking services. Its only reportable segment being the business, community banking, provides a broad range of retail and commercial banking services.

Executives

David M Mcguire	director, officer: President	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
H. D. Patel	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Robert S Beall	director	1836 SPIRIT OF TEXAS WAY, CONROE TX 77301
Metcalf, Iii Leo T.	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Akash J. Patel	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Dean O. Bass	director, officer: Chairman & CEO	1836 SPIRIT OF TEXAS WAY, CONROE TX 77301
Thomas Jr. Jones	director	ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Steven Gregory Kidd	director, 10 percent owner	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Steven M Morris	director	801 CHERRY STREET SUITE 3700, UNIT 19 FORT WORTH TX 76102
Jerry D. Golemon	officer: Executive Vice President & COO	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Thomas C. Sooy	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
William K. Nix	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Jones Allen C Iv	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Nelda Luce Blair	director	1836 SPIRIT OF TEXAS WAY CONROE TX 77301
Allison Johnson	officer: CAO and Interim CFO	2407 PARK DRIVE, HARRISBURG PA 17110