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Community First Bancorp (Community First Bancorp) Effective Interest Rate on Debt % : 28,895.38% (As of Mar. 2024)


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What is Community First 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. Community First Bancorp's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $13,847 Mil. Community First Bancorp's average total debt for the quarter that ended in Mar. 2024 was $48 Mil. Therefore, Community First Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 28,895.38%.


Community First Bancorp Effective Interest Rate on Debt % Historical Data

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

Community First Bancorp Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.38 50.14 5.72 5.77 22.23

Community First Bancorp Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 84.23 28,895.38

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

For the Banks - Regional subindustry, Community First 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.


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

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

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



Community First Bancorp Effective Interest Rate on Debt % Calculation

Community First Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -10.091/( (42.882+47.922)/ 2 )
=-1  *  -10.091/45.402
=22.23 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=39.882 + 3
=42.882

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=47.922 + 0
=47.922

Community First Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -13847.244/( (47.922+0)/ 1 )
=-1  *  -13847.244/47.922
=28,895.38 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=47.922 + 0
=47.922

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Community First Bancorp  (OTCPK:CFOK) Effective Interest Rate on Debt % Explanation

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


Community First Bancorp Effective Interest Rate on Debt % Related Terms

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Community First Bancorp (Community First Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
449 Highway 123 Bypass, Seneca, SC, USA, 29678
Community First Bancorp operates as a bank holding company that engages in the provision of domestic commercial banking services. It offers various deposit products, including regular savings accounts, money market accounts, and term certificate accounts. Its services include cashier's checks, direct deposit, wire transfers, notary services, night depository, and bank by mail.
Executives
Robert H Edwards director 449 HIGHWAY 123 BYPASS, SENECA SC 29678
Frederick D Shepherd director, officer: President PO BOX 1097, WALHALLA SC 29691
James E Mccoy director PO BOX 100, WALHALLA SC 29691
Gary V Thrift director PO BOX 2125, SENECA SC 29679
Charles Winchester director PO BOX 456, SALEM SC 29676
William Brown director PO BOX 794, SENECA SC 29679-0794
Larry Bowman director 10630 CLEMSON BLVD, STE 100, SENECA SC 29678
John R Hamrick director 896 N WALNUT STREET, SENECA SC 29678
James Edward Turner director 449 HIGHWAY 123 BYPASS, SENECA SC 29678
Blake Griffith director PO BOX 1628, WEST UNION SC 29696

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