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Timberland Bancorp (Timberland Bancorp) Effective Interest Rate on Debt % : 88.53% (As of Dec. 2023)


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What is Timberland 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. Timberland Bancorp's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $25.97 Mil. Timberland Bancorp's average total debt for the quarter that ended in Dec. 2023 was $29.33 Mil. Therefore, Timberland Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 88.53%.


Timberland Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for Timberland 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.

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Timberland Bancorp Effective Interest Rate on Debt % Chart

Timberland Bancorp Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 37.22 31.06 56.74 59.55

Timberland Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 269.29 454.47 137.97 70.34 88.53

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

For the Banks - Regional subindustry, Timberland 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.


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

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

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



Timberland Bancorp Effective Interest Rate on Debt % Calculation

Timberland Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -11.592/( (2.066+36.867)/ 2 )
=-1  *  -11.592/19.4665
=59.55 %

where

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.867 + 0
=36.867

Timberland Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -25.968/( (36.867+21.796)/ 2 )
=-1  *  -25.968/29.3315
=88.53 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.867 + 0
=36.867

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=21.796 + 0
=21.796

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Timberland Bancorp  (NAS:TSBK) Effective Interest Rate on Debt % Explanation

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


Timberland Bancorp Effective Interest Rate on Debt % Related Terms

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Timberland Bancorp (Timberland Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
624 Simpson Avenue, Hoquiam, WA, USA, 98550
Timberland Bancorp Inc is a bank holding company. The bank offers a variety of services such as checking accounts, online and mobile banking, savings accounts, home loans, consumer loans, construction loans, business rewards, cash management, small business solutions, and business checking accounts among others. Company also offers loans to real estate, including residential and commercial / multi-family construction loans, one- to four-family residential loans, multi-family loans, commercial real estate loans and land loans. The company mainly operates in the United States.
Executives
Matthew J Debord officer: Chief Lending Officer/EVP 624 SIMPSON AVENUE, HOQUIAM WA 98550
David Alan Smith director 18 WESTVIEW DR, HOQUIAM WA 98550
Breanne D Antich officer: Chief Technology Officer/EVP 624 SIMPSON AVENUE, HOQUIAM WA 98550
Marci A Basich officer: Treasurer 409 FIR STREET, MCLEARY WA 98557
Andrea M Clinton director 4520 GREEN COVE CT NW, OLYMPIA WA 98502
Michael R Sand director, officer: President 128 BEACON HILL DRIVE, HOGUIAM WA 98550
Jonathan Arthur Fischer officer: Senior Vice President PO BOX 1156, COSMOPOLIS WA 98537
Jon C Parker director P O BOX 700, HOGUIAM WA 98550
Parul Bhandari director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Foster Edward Colman officer: Senior Vice President 624 SIMPSON AVENUE, HOQUIAM WA 98550
Larry David Goldberg director 1801 SHERWOOD LANE, ABERDEEN WA 98520
Michael John Stoney director P.O. BOX 226, MCCLEARY WA 98557
Dean J Brydon officer: CFO 55 BAY BERRY DRIVE, HOGUIAM WA 98550
Daniel D Yerrington director 624 SIMPSON AVENUE, HOQUIAM WA 98550
Kelly Suter director 624 SIMPSON AVENUE, HOQUIAM WA 98550