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TMAK (Touchmark Bancshares) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2025)


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What is Touchmark Bancshares 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. Touchmark Bancshares's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $15.42 Mil. Touchmark Bancshares's average total debt for the quarter that ended in Mar. 2025 was $0.00 Mil. Therefore, Touchmark Bancshares's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was N/A%.


Touchmark Bancshares Effective Interest Rate on Debt % Historical Data

The historical data trend for Touchmark Bancshares'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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Touchmark Bancshares Effective Interest Rate on Debt % Chart

Touchmark Bancshares Annual Data
Trend Dec10 Dec11 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.02 25.21 1,426.71 11,733.33 25,460.53

Touchmark Bancshares Quarterly Data
Sep11 Dec11 Mar12 Jun12 Dec17 Dec18 Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25
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 73,178.95 28,363.16 - - -

Competitive Comparison of Touchmark Bancshares's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Touchmark Bancshares'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.


Touchmark Bancshares's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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


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Touchmark Bancshares Effective Interest Rate on Debt % Calculation

Touchmark Bancshares's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -19.35/( (0.076+0)/ 1 )
=-1  *  -19.35/0.076
=25,460.53 %

where

Touchmark Bancshares's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -15.42/( (0+0)/ 1 )
=-1  *  -15.42/0
=N/A %

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 four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Touchmark Bancshares  (OTCPK:TMAK) Effective Interest Rate on Debt % Explanation

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


Touchmark Bancshares Effective Interest Rate on Debt % Related Terms

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Touchmark Bancshares Business Description

Traded in Other Exchanges
N/A
Address
3651 Old Milton Parkway, Alpharetta, GA, USA, 30005
Touchmark Bancshares Inc, through its banking subsidiary, Touchmark National Bank provides banking services to small- to mid-sized commercial, professional, and service companies and consumers. It offers services including Online banking, Personal banking, Business banking, and SBA, Its sources of revenue are derived from the Bank's loans to customers and its investment portfolio.
Executives
Howard R. Greenfield director 3740 DAVINCI COURT SUITE 150 NORCROSS GA 30092

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