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AMBK (American Bank) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2021)


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What is American Bank 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. American Bank's annualized positive value of Interest Expense for the quarter that ended in Dec. 2021 was $0.00 Mil. American Bank's average total debt for the quarter that ended in Dec. 2021 was $81.20 Mil. Therefore, American Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 was 0.00%.


American Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for American Bank'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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American Bank Effective Interest Rate on Debt % Chart

American Bank Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.95 8.06 8.59 6.78 6.37

American Bank Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Dec22
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 - 6.93 - - -

Competitive Comparison of American Bank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, American Bank'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.


American Bank's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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



American Bank Effective Interest Rate on Debt % Calculation

American Bank's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -6.467/( (81.199+121.961)/ 2 )
=-1  *  -6.467/101.58
=6.37 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=81.199 + 0
=81.199

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=121.961 + 0
=121.961

American Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2021 )+Total Debt  (Q: Dec. 2021 ))/ count )
=-1  *  0/( (0+81.199)/ 1 )
=-1  *  0/81.199
=0.00 %

where

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=81.199 + 0
=81.199

* 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. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


American Bank  (OTCPK:AMBK) Effective Interest Rate on Debt % Explanation

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


American Bank Effective Interest Rate on Debt % Related Terms

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American Bank Business Description

Industry
Traded in Other Exchanges
N/A
Address
4029 West Tilghman Street, Allentown, PA, USA, 18104
American Bank Inc is a United States-based holding company for American Bank. The bank offers deposit and loan products for consumer, business, institutional and governmental customers, including interest-bearing checking, money market accounts, and retirement accounts. It generates revenue from interest and dividend income on loans and investments.
Executives
John C Long director 2400 BERNVILLE ROAD, READING PA 19612

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