Hamlin Bank and Trust Co (Hamlin Bank and Trust Co) Effective Interest Rate on Debt % : 57.00% (As of Sep. 2007)

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What is Hamlin Bank and Trust Co 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. Hamlin Bank and Trust Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2007 was $8.73 Mil. Hamlin Bank and Trust Co's average total debt for the quarter that ended in Sep. 2007 was $15.31 Mil. Therefore, Hamlin Bank and Trust Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2007 was 57.00%.

Hamlin Bank and Trust Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Hamlin Bank and Trust Co'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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Hamlin Bank and Trust Co Effective Interest Rate on Debt % Chart

Hamlin Bank and Trust Co Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Effective Interest Rate on Debt %

1,826.78

1,913.11

28.11

32.72

Hamlin Bank and Trust Co Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														44.62	41.97	43.29	54.09	57.00

Competitive Comparison of Hamlin Bank and Trust Co's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Hamlin Bank and Trust Co'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.

Hamlin Bank and Trust Co's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Hamlin Bank and Trust Co's Effective Interest Rate on Debt % falls into.

Hamlin Bank and Trust Co Effective Interest Rate on Debt % Calculation

Hamlin Bank and Trust Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2006 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2005 )	+	Total Debt (A: Dec. 2006 ))	/ count )
=	-1 * -8.01	/	( (24.516	+	24.445)	/ 2 )
=	-1 * -8.01	/	24.4805
=	32.72 %

where

	Total Debt (A: Dec. 2005 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	24.516
=	24.516

	Total Debt (A: Dec. 2006 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.007	+	24.438
=	24.445

Hamlin Bank and Trust Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2007 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2007 )	+	Total Debt (Q: Sep. 2007 ))	/ count )
=	-1 * -8.728	/	( (16.414	+	14.209)	/ 2 )
=	-1 * -8.728	/	15.3115
=	57.00 %

where

	Total Debt (Q: Jun. 2007 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.006	+	16.408
=	16.414

	Total Debt (Q: Sep. 2007 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	14.209
=	14.209

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 (Sep. 2007) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Hamlin Bank and Trust Co (OTCPK:HMLN) Effective Interest Rate on Debt % Explanation

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

Hamlin Bank and Trust Co Effective Interest Rate on Debt % Related Terms

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Hamlin Bank and Trust Co (Hamlin Bank and Trust Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hamlin Bank and Trust Co (OTCPK:HMLN) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

333 West Main Street, PO Box 367, Smethport, PA, USA, 16749

Website

https://www.hamlinbank.com

Hamlin Bank and Trust Co are a United States-based state charted commercial bank. It offers a variety of financial and trust services. The company provides services such as personal banking services, business banking services, trust services, and other banking services. Its services include estate settlement, investment management, custodial services, savings facility, certificate of deposit, loan products, among others.

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