First Bank (First Bank) Accounts Payable & Accrued Expense : $2.8 Mil (As of Dec. 2023)

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What is First Bank Accounts Payable & Accrued Expense?

First Bank's quarterly accounts payable & accrued expense increased from Jun. 2023 ($1.6 Mil) to Sep. 2023 ($3.2 Mil) but then declined from Sep. 2023 ($3.2 Mil) to Dec. 2023 ($2.8 Mil).

First Bank's annual accounts payable & accrued expense increased from Dec. 2021 ($0.4 Mil) to Dec. 2022 ($1.2 Mil) and increased from Dec. 2022 ($1.2 Mil) to Dec. 2023 ($2.8 Mil).

First Bank Accounts Payable & Accrued Expense Historical Data

The historical data trend for First Bank'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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First Bank Accounts Payable & Accrued Expense Chart

First Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.08

0.56

0.40

1.22

2.81

First Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.22	1.97	1.61	3.22	2.81

First Bank 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.

First Bank (First Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Bank (NAS:FRBA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2465 Kuser Road, Hamilton, NJ, USA, 08690

Website

https://www.firstbanknj.com

First Bank is a full-service commercial bank, with an emphasis on providing personal and business financial services to individuals and small to mid-sized businesses in Gloucester, Atlantic and Camden Counties in New Jersey. The Bank provides its customers with a variety of financial services targeting all segments of the retail and corporate market. Its Business Banking offers commercial deposit accounts, business loans, online banking, cash management.

Executives

Terrance M Mccarthy

director, officer: Senior EVP/COO

550 MONTGOMERY ST, SAN FRANCISCO CA 94111