LUMB (Lumbee Guaranty Bank) Other Noninterest Expense : $6.27 Mil (As of Sep. 2024)

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What is Lumbee Guaranty Bank Other Noninterest Expense?

Lumbee Guaranty Bank's other noninterest expense for the three months ended in Sep. 2024 was $1.48 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $6.27 Mil.

Lumbee Guaranty Bank Other Noninterest Expense Historical Data

The historical data trend for Lumbee Guaranty Bank's Other Noninterest 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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Lumbee Guaranty Bank Other Noninterest Expense Chart

Lumbee Guaranty Bank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Noninterest Expense

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3.37

3.41

4.94

6.20

Lumbee Guaranty Bank Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Other Noninterest Expense	Get a 7-Day Free Trial															1.27	2.40	1.09	1.31	1.48

Lumbee Guaranty Bank Other Noninterest Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense and Other Noninterest Expense under the Total Noninterest Expense section.

Other Noninterest Expense incurred by banks sometimes includes:
Occupancy
Equipment
Professional fees
Amortization of intangibles
Other (too numerous to list)

Some banks can do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Other Noninterest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.27 Mil.

Lumbee Guaranty Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lumbee Guaranty Bank (OTCPK:LUMB) » Definitions » Other Noninterest Expense

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Traded in Other Exchanges

N/A

Address

403 East Third Street, PO Box 908, Pembroke, NC, USA, 28372

Website

https://www.lumbeeguarantybank.com

Lumbee Guaranty Bank is a state-chartered bank. The community bank is engaged in providing full service banking through fourteen branch offices in Robeson, Cumberland, and Hoke counties in North Carolina. The Bank extends both commercial and consumer loans throughout its market area and offers a full range of deposit accounts for its customer base.

Lumbee Guaranty Bank Headlines

From GuruFocus

OTC Markets Group Welcomes Lumbee Guaranty Bank to OTCQX

By PRNewswire PRNewswire • 12-04-2019