First Niles Financial (First Niles Financial) Interest Expense : $-0.51 Mil (TTM As of Jun. 2018)

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What is First Niles Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Niles Financial's interest expense for the six months ended in Jun. 2018 was $ -0.51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was $-0.51 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. First Niles Financial's Operating Income for the six months ended in Jun. 2018 was $ Mil. First Niles Financial's Interest Expense for the six months ended in Jun. 2018 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

First Niles Financial Interest Expense Historical Data

The historical data trend for First Niles Financial's Interest Expense 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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First Niles Financial Interest Expense Chart

First Niles Financial Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec13

Dec14

Dec15

Interest Expense

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-1.97

-2.18

-0.91

-0.82

-0.87

First Niles Financial Semi-Annual Data
	Jun99	Dec99	Jun00	Dec00	Jun01	Dec01	Jun02	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec13	Dec14	Dec15	Jun17	Jun18
Interest Expense	Get a 7-Day Free Trial															-	-	-	-0.41	-0.51

First Niles Financial Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.51 Mil.

First Niles Financial (First Niles Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Niles Financial Inc (OTCPK:FNFI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 North Main Street, P.O. Box 311, Niles, OH, USA, 44446-0311

Website

https://www.homefedniles.com

First Niles Financial Inc is a unitary, non-diversified holding company. It conducts a general banking business in Niles, Ohio, which consists of attracting deposits from the general public and applying those funds to the origination of loans for residential, commercial, and consumer purposes. The primary sources of revenue for the company are from interest and dividend income on loans and securities along with noninterest revenue resulting from investment security gains, loan servicing, gains on the sale of loans, commitment fees, fees from financial guarantees, certain credit cards fees, and income on bank-owned life insurance.

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