CB Financial Services (CB Financial Services) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2023)

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What is CB Financial Services Long-Term Capital Lease Obligation?

CB Financial Services's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

CB Financial Services Long-Term Capital Lease Obligation Historical Data

The historical data trend for CB Financial Services's Long-Term Capital Lease Obligation 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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CB Financial Services Long-Term Capital Lease Obligation Chart

CB Financial Services Annual Data

Trend

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Long-Term Capital Lease Obligation

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CB Financial Services Quarterly Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

CB Financial Services (NAS:CBFV) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

CB Financial Services Long-Term Capital Lease Obligation Related Terms

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CB Financial Services (CB Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CB Financial Services Inc (NAS:CBFV) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

100 North Market Street, Carmichaels, PA, USA, 15320

Website

https://www.communitybank.tv

CB Financial Services Inc operates as a bank holding company. The company conducts its operations primarily through its wholly-owned subsidiary, Community Bank, a Pennsylvania-chartered commercial bank. The Bank offers products and services related to residential and commercial real estate loans, commercial and industrial loans, and consumer loans, as well as a range of deposit products for individuals and businesses in its market area. It operates in two operating units namely Community Banking and Insurance brokerage service segment. The bank generates its revenue in the form of interests.

Executives

Mark E. Fox	director	100 N. MARKET STREET, CARMICHAELS PA 15320
John J Lacarte	director	100 NORTH MARKET STREET, CARMICHAELS PA 15320
Charles R. Guthrie	director	100 N. MARKET STREET, CARMICHAELS PA 15320
John Haines Montgomery	director, officer: President and CEO	100 NORTH MARKET STREET, CARMICHAELS PA 15320
Richard B Boyer	director	FEDFIRST FINANCIAL CORPORATION, DONNER AT SIXTH STREET, MONESSEN PA 15062
Roberta Robinson Olejasz	director	100 NORTH MARKET STREET, CARMICHAELS PA 15320
Karl G. Baily	director	100 N. MARKET STREET, CARMICHAELS PA 15320
Joseph N. Headlee	director	100 N. MARKET STREET, CARMICHAELS PA 15320
David F. Pollock	director	100 N. MARKET STREET, CARMICHAELS PA 15320
William G Petroplus	director	C/O FIRST WEST VIRGINIA BANCORP INC, P O BOX 6671, WHEELING WV 26003
Jonathan Bedway	director	100 NORTH MARKET STREET, CARMICHAELS PA 15320
Ralph Burchianti	officer: Senior Vice President	100 N. MARKET STREET, CARMICHAELS PA 15320
Jamie L Prah	officer: EVP and CFO	100 N. MARKET STREET, CARMICHAELS PA 15320
Jennifer L George	officer: EVP and COO	100 N. MARKET STREET, CARMICHAELS PA 16320
Patrick G Obrien	director	C/O FEDFIRST FINANCIAL CORPORATION, DONNER AT SIXTH STREET, MONESSEN PA 15062