Consumers Bancorp (Consumers Bancorp) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2024)

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What is Consumers Bancorp Long-Term Capital Lease Obligation?

Consumers Bancorp's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.

Consumers Bancorp Long-Term Capital Lease Obligation Historical Data

The historical data trend for Consumers 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.

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Consumers Bancorp Long-Term Capital Lease Obligation Chart

Consumers Bancorp Annual Data

Trend

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Long-Term Capital Lease Obligation

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Consumers Bancorp Quarterly Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Consumers Bancorp (OTCPK:CBKM) 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.

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Consumers Bancorp (Consumers Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

614 East Lincoln Way, P.O. Box 256, Minerva, OH, USA, 44657

Website

https://www.consumers.bank

Consumers Bancorp Inc is engaged in the financial services sector. It is a bank holding company for Consumers National Bank and performs commercial and retail banking tasks. Its business involves attracting deposits from businesses and individual customers and using such deposits to originate a commercial, mortgage and consumer loans in the United States market. The company's business banking division provides checking, including business entree checking, business savings, loans and cash management services. Its personal banking services include checking, mortgage loans, loans and credit and savings, CDS and IRAS.

Executives

Lober Ralph J Ii	director, officer: CEO/President	9084 EMERALD ISLE ST NW, CANAL FULTON OH 44614
Frank L Paden	director	7465 JAGUAR DR, BOARDMAN OH 44512
Suzanne N Mikes	officer: VP, Chief Credit Officer	4028 TROON DR, UNIONTOWN OH 44685
Bradley Goris	director	3075 SOUTH UNION AVE, ALLIANCE OH 44601-5362
John W Parkinson	director	199 ORLANDO MANOR, WINTERSVILLE OH 43953
Kiko Richard T Jr	director	103 OVERWOOD RD, AKRON OH 44313
Derek G Williams	officer: SVP, Training & Sales Develop	1221 CENTURY HILL STREET, LOUISVILLE OH 44641-2720
Shawna L'italien	director	617 BRICKER FARMS LANE, SALEM OH 44460
Ann M Gano	director	2053 MAY VALLEY RD SW, NEW PHILADELPHIA OH 44663
Laurie L Mcclellan	director, 10 percent owner, officer: CHAIRMAN OF BOD	28 TEPEE DR, MINERVA OH 44644
Schmuck Harry W Jr	director	7200 RAVENNA AVE, LOUISVILLE OH 44641
Scott E Dodds	officer: EVP, Senior Loan Officer	2669 MT PLEASANT ST NE, NORTH CANTON OH 44721
John P/ Furey	director	8050 AVALON RD NW, MALVERN OH 44644
Kimberly K Chuckalovchak	officer: SVP, Chief Information Officer	10020 LINDEN RD NW, MINERVA OH 44657
Hillary A Hudak	officer: SVP, Chief People Officer	3037 KINGSTON CIR, SILVER LAKE OH 44224

Consumers Bancorp (Consumers Bancorp) Headlines

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