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CBOBA (Bay Community Bancorp) Effective Interest Rate on Debt % : 8.67% (As of Dec. 2022)


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What is Bay Community 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. Bay Community Bancorp's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $4.68 Mil. Bay Community Bancorp's average total debt for the quarter that ended in Dec. 2022 was $54.00 Mil. Therefore, Bay Community Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 8.67%.


Bay Community Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for Bay Community 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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Bay Community Bancorp Effective Interest Rate on Debt % Chart

Bay Community Bancorp Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.87 20.73 9.02 5.00 8.67

Bay Community Bancorp Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.87 20.73 9.02 5.00 8.67

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

For the Banks - Regional subindustry, Bay Community 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.


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

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

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



Bay Community Bancorp Effective Interest Rate on Debt % Calculation

Bay Community Bancorp'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  *  -4.684/( (33.5+74.5)/ 2 )
=-1  *  -4.684/54
=8.67 %

where

Bay Community Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2021 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -4.684/( (33.5+74.5)/ 2 )
=-1  *  -4.684/54
=8.67 %

where

* 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 one times the annual (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Bay Community Bancorp  (OTCPK:CBOBA) Effective Interest Rate on Debt % Explanation

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


Bay Community Bancorp Effective Interest Rate on Debt % Related Terms

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Bay Community Bancorp Business Description

Industry
Traded in Other Exchanges
N/A
Address
180 Grand Avenue, Suite 1550, Oakland, CA, USA, 94612
Bay Community Bancorp is a community banking institution headquartered in Oakland. It provides a range of loans such as business loans, property loans, construction loans, personal loans and other deposit products. Further, it offers business banking, personal banking, non-profit banking and merchant banking services. The Bank's primary source of revenue is generated from providing loans to customers who are predominately small and middle market businesses and individuals residing in the surrounding areas.

Bay Community Bancorp Headlines

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