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Patriot Federal Bank NY (Patriot Federal Bank NY) Interest Expense : $ Mil (TTM As of Sep. 2007)


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What is Patriot Federal Bank NY Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Patriot Federal Bank NY's interest expense for the three months ended in Sep. 2007 was $ -0.24 Mil. Patriot Federal Bank NY does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Sep. 2007.

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. Patriot Federal Bank NY's Operating Income for the three months ended in Sep. 2007 was $ Mil. Patriot Federal Bank NY's Interest Expense for the three months ended in Sep. 2007 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.


Patriot Federal Bank NY Interest Expense Historical Data

The historical data trend for Patriot Federal Bank NY'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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Patriot Federal Bank NY Interest Expense Chart

Patriot Federal Bank NY Annual Data
Trend
Interest Expense

Patriot Federal Bank NY Quarterly Data
Mar07 Jun07 Sep07
Interest Expense -0.14 -0.19 -0.24

Patriot Federal Bank NY Interest Expense Calculation

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


Patriot Federal Bank NY (Patriot Federal Bank NY) Business Description

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Patriot Federal Bank NY was established in December 2005. It offers a variety of products tailored to the people of the Mohawk Valley and surrounding areas. Patriot Federal Bank offers an array of personal checking account options. The Bank offers home equity loans and lines of credit at extremely competitive rates. Patriot Federal Bank also offers a variety of personal loans at highly competitive rates. The Bank's goal is to provide quality financial services in a personal, professional manner.

Patriot Federal Bank NY (Patriot Federal Bank NY) Headlines

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