Catalyst Bancorp (Catalyst Bancorp) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2023)

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What is Catalyst Bancorp Long-Term Capital Lease Obligation?

Catalyst Bancorp's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Catalyst Bancorp Long-Term Capital Lease Obligation Historical Data

The historical data trend for Catalyst 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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Catalyst Bancorp Long-Term Capital Lease Obligation Chart

Catalyst Bancorp Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Catalyst Bancorp Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial													-	-	-	-	-

Catalyst Bancorp (NAS:CLST) 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.

Catalyst Bancorp Long-Term Capital Lease Obligation Related Terms

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Catalyst Bancorp (Catalyst Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Catalyst Bancorp Inc (NAS:CLST) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

235 N. Court Street, Opelousas, LA, USA, 70570

Website

https://www.catalystbank.com

Catalyst Bancorp Inc is a federally-chartered community-oriented savings bank. The bank is engaged in attracting deposits from the general public and using those funds to invest in loans and securities. The sources of funds are customer deposits, repayments of loans, maturities of investments and funds borrowed from outside sources which are used for the origination of loans. The Bank derives its income principally from interest earned on loans and investment securities and, to a lesser extent, from fees received in connection with the origination of loans, service charges on deposit accounts and other services.

Executives

Kirk E. Kleiser	director	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Ted D. Bellard	director, other: Secretary	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Joseph B Zanco	director, officer: President and CEO	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Bourque Jacques L.j.	officer: Chief Financial Officer	CATALYST BANCORP, INC., 235 NORTH COURT STREET, OPELOUSAS LA 70570
Jutta Codori	officer: Chief Financial Officer	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Matthew L. Scruggins	director	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Amanda B. Quebedeaux	officer: Director of Operations	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Simone S. Perry	officer: Chief Credit Officer	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Craig C. Lebouef	director	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Frederick R. Lafleur	director	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Todd A. Kidder	director, officer: Chairman of the Board	CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570

Catalyst Bancorp (Catalyst Bancorp) Headlines

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