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CSB Bancorp (CSB Bancorp) Effective Interest Rate on Debt % : 35.63% (As of Dec. 2023)


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What is CSB 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. CSB Bancorp's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $12.50 Mil. CSB Bancorp's average total debt for the quarter that ended in Dec. 2023 was $35.07 Mil. Therefore, CSB Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 35.63%.


CSB Bancorp Effective Interest Rate on Debt % Historical Data

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

CSB Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.69 52.99 49.86 12.99 27.20

CSB Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 19.78 28.22 36.63 35.63 39.64

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

For the Banks - Regional subindustry, CSB 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.


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

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

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



CSB Bancorp Effective Interest Rate on Debt % Calculation

CSB 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  *  -9.875/( (35.011+37.597)/ 2 )
=-1  *  -9.875/36.304
=27.20 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.461 + 32.55
=35.011

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.754 + 35.843
=37.597

CSB Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -12.496/( (32.542+37.597)/ 2 )
=-1  *  -12.496/35.0695
=35.63 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.808 + 30.734
=32.542

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.754 + 35.843
=37.597

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


CSB Bancorp  (OTCPK:CSBB) Effective Interest Rate on Debt % Explanation

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


CSB Bancorp Effective Interest Rate on Debt % Related Terms

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CSB Bancorp (CSB Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
91 North Clay Street, P.O. Box 232, Millersburg, OH, USA, 44654
CSB Bancorp Inc is a registered financial holding company that operates through the Bank and CSB Investment Services LLC, providing a wide range of banking, trust, financial, and brokerage services to corporate, institutional, and individual customers throughout northeast Ohio. The Bank provides retail and commercial banking services to its customers, including checking and savings accounts, time deposits, IRAs, safe deposit facilities, personal loans, commercial loans, real estate mortgage loans, installment loans, night depository facilities, brokerage, and trust services. The Bank provides residential real estate, commercial real estate, and commercial, and consumer loans to customers located in Holmes, Stark, Tuscarawas, Wayne, and portions of surrounding counties in Ohio.
Executives
Eddie L Steiner director 14950 HACKETT ROAD, APPLE CREEK OH 44606
Brett A. Gallion officer: SVP/COO/CIO 91 N. CLAY STREET, MILLERSBURG OH 44654
Julian L Coblentz director 91 NORTH CLAY STREET, MILLERSBURG OH 44654
Vikki G Briggs director 91 N CLAY STREET, MILLERSBURG OH 44654
Robert K Baker director, other: Chairman of the Board P.O. BOX 913, KILLBUCK OH 44637
Cheryl M Kirkbride director 91 N CLAY STREET, MILLERSBURG OH 44654
Jeffery A Robb director 4700 JAEGER DR, THORNVILLE OH 43076
Daniel J Miller director P.O. BOX 143, WALNUT CREEK OH 44687
John R Waltman director 24 HILLSIDE DRIVE, MILLERSBURG OH 44654
Margaret L Conn officer: Corporate Secretary 105 MARK AVENUE, KILLBUCK OH 44637
Steven R Bailey officer: SVP/COO/CIO 91 NORTH CLAY STREET, MILLERSBURG OH 44654
J Thomas Lang director 7109 STATE ROUTE 514, BIG PRAIRIE OH 44611
Manning William R Jr officer: SVP/COO/CIO 91 NORTH CLAY STREET, MILLERSBURG OH 44654
Paula J Meiler officer: Senior Vice President 30186 MOUNTZ RD, SALEM OH 44460
A Lee Miller officer: Senior Vice President 5046 TOWNSHIP ROAD 376, MILLERSBURG OH 44654

CSB Bancorp (CSB Bancorp) Headlines