GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Capital Bancorp Inc (NAS:FCVA) » Definitions » Effective Interest Rate on Debt %

First Capital Bancorp (First Capital Bancorp) Effective Interest Rate on Debt % : 9.97% (As of Sep. 2015)


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

What is First Capital Bancorp Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. First Capital Bancorp's annualized positive value of Interest Expense for the quarter that ended in Sep. 2015 was $4.98 Mil. First Capital Bancorp's average total debt for the quarter that ended in Sep. 2015 was $50.00 Mil. Therefore, First Capital Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 was 9.97%.


First Capital Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for First Capital Bancorp's Effective Interest Rate on Debt % 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.

First Capital Bancorp Effective Interest Rate on Debt % Chart

First Capital Bancorp Annual Data
Trend Dec04 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.13 14.05 14.95 14.84 11.03

First Capital Bancorp Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.51 9.24 8.96 9.39 9.97

Competitive Comparison of First Capital Bancorp's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, First Capital Bancorp's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Capital Bancorp's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Capital Bancorp's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where First Capital Bancorp's Effective Interest Rate on Debt % falls into.



First Capital Bancorp Effective Interest Rate on Debt % Calculation

First Capital Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2013 )+Total Debt  (A: Dec. 2014 ))/ count )
=-1  *  -5.168/( (37.155+56.559)/ 2 )
=-1  *  -5.168/46.857
=11.03 %

where

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=37.155 + 0
=37.155

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=56.559 + 0
=56.559

First Capital Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2015 )+Total Debt  (Q: Sep. 2015 ))/ count )
=-1  *  -4.984/( (55.011+44.987)/ 2 )
=-1  *  -4.984/49.999
=9.97 %

where

Total Debt  (Q: Jun. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=55.011 + 0
=55.011

Total Debt  (Q: Sep. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=44.987 + 0
=44.987

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


First Capital Bancorp  (NAS:FCVA) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


First Capital Bancorp Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of First Capital Bancorp's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Capital Bancorp (First Capital Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
First Capital Bancorp Inc was incorporated under Virginia law in 2006. The Company is a bank holding company and conducts its operations through its wholly-owned subsidiary, First Capital Bank. The Bank is a community oriented financial institution that offers a range of banking and related financial services to small and medium-sized businesses, professionals and individuals located in its market area, which consists of the Richmond, Virginia metropolitan area, with a current emphasis on western Henrico County, Chesterfield County, the City of Richmond, the Town of Ashland, and the surrounding vicinity. It offers a range of deposit services including checking accounts, NOW accounts, savings accounts and other time deposits of various types, ranging from daily money market accounts to longer-term certificates of deposit. The transaction accounts and time certificates are tailored to its market area at rates competitive to those offered in the area. In addition, it offers certain retirement account services, such as Individual Retirement Accounts, or IRAs. The Bank also offers a range of short-to-medium term commercial and consumer loans. Commercial loans include both secured and unsecured loans for working capital, including inventory and receivables; business expansion, including acquisition of real estate and improvements; and purchase of equipment and machinery; Consumer loans include secured and unsecured loans for financing automobiles, home improvements, education and personal investments. It originates fixed and floating-rate mortgage and real estate construction and acquisition loans. Other services it offers include safe deposit boxes, certain cash management services, traveler's checks, direct deposit of payroll and social security checks and automatic drafts for various accounts, selected on-line banking services and a small and medium-sized businesses courier service. The Company competes with other commercial banks, savings and loan associations, credit unions, mortgage banking firms, consumer finance companies, securities brokerage firms, insurance companies, money market mutual funds and other financial institutions operating in the Richmond metropolitan area and elsewhere. As a bank holding company, the Company is subject to regulation under the Bank Holding Company Act of 1956, as amended, and the examination and reporting requirements of the Board of Governors of the Federal Reserve System.
Executives
Kenneth R Lehman director, 10 percent owner 122 N GORDON ROAD, FT LAUDERDALE FL 33301
John M Presley director, officer: Managing Director 770 NORTH WATER STREET, ATTENTION: CORPORATE SECRETARIES DEPT., MILWAUKEE WI 53202
Gary L. Armstrong officer: Executive Vice President P.O.BOX 1869 KILMARNOCK VA 22482
Katherine K Wagner officer: Senior Vice President 2231 CASTLEBRIDGE ROAD, MIDLOTHIAN VA 23113
Jay M Weinberg director C/O MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060

First Capital Bancorp (First Capital Bancorp) Headlines

No Headlines