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CIBN (Community Investors Bancorp) Effective Interest Rate on Debt % : 16.67% (As of Dec. 2024)


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What is Community Investors 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 Investors Bancorp's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $8.63 Mil. Community Investors Bancorp's average total debt for the quarter that ended in Dec. 2024 was $51.77 Mil. Therefore, Community Investors Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 16.67%.


Community Investors Bancorp Effective Interest Rate on Debt % Historical Data

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

Community Investors Bancorp Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun20 Jun21 Jun22 Jun23 Jun24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.54 4.91 5.23 11.66 15.38

Community Investors Bancorp Quarterly Data
Sep04 Dec04 Mar05 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 13.75 14.52 14.73 16.13 16.67

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

For the Banks - Regional subindustry, Community Investors 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 Investors Bancorp's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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


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Community Investors Bancorp Effective Interest Rate on Debt % Calculation

Community Investors Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2023 )+Total Debt  (A: Jun. 2024 ))/ count )
=-1  *  -7.235/( (38.789+55.298)/ 2 )
=-1  *  -7.235/47.0435
=15.38 %

where

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=38.789 + 0
=38.789

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=55.298 + 0
=55.298

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -8.628/( (49.681+53.853)/ 2 )
=-1  *  -8.628/51.767
=16.67 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=49.681 + 0
=49.681

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=53.853 + 0
=53.853

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


Community Investors Bancorp  (OTCPK:CIBN) Effective Interest Rate on Debt % Explanation

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


Community Investors Bancorp Effective Interest Rate on Debt % Related Terms

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Community Investors Bancorp Business Description

Traded in Other Exchanges
N/A
Address
119 South Sandusky Avenue, P.O. Box 749, Bucyrus, OH, USA, 44820
Community Investors Bancorp Inc operates as a bank holding company engages in the provision of personal and commercial banking services in Ohio. Its banking services include personal, business, loan center, checking accounts, and certificates of deposit, and retirement planning.

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