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FDSB (Fifth District Bancorp) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2025)


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What is Fifth District Bancorp Long-Term Capital Lease Obligation?

Fifth District Bancorp's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.00 Mil.

Fifth District Bancorp Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fifth District Bancorp'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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Fifth District Bancorp Long-Term Capital Lease Obligation Chart

Fifth District Bancorp Annual Data
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Fifth District Bancorp Quarterly Data
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Fifth District Bancorp  (NAS:FDSB) 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.

Fifth District Bancorp Long-Term Capital Lease Obligation Related Terms

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Fifth District Bancorp Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fifth District Bancorp Inc (NAS:FDSB) » Definitions » Long-Term Capital Lease Obligation
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USMT CCNB FMBM MCBK PTBS SSBI STBK KLIB CYFL DWNX NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 MIL:UCG SGX:D05 XPAR:BNP MIL:ISP NSE:SBIN ISX:BBCA
Traded in Other Exchanges
N/A
Address
4000 General DeGaulle Drive, New Orleans, LA, USA, 70114
Website
https://www.fifthdistrict.com
Fifth District Bancorp inc is a holding company of Fifth District. Fifth District portfolio consists primarily of fixed-rate one- to four-family residential mortgage loans also originate construction loans, home equity loans, home equity lines of credit, land loans, and share loans (loans secured by deposit accounts at Fifth District) and purchase commercial business loans. The company offer a variety of deposit accounts including checking accounts, money market accounts, and certificates of deposit. In addition, it offers electronic banking services including mobile banking, on-line banking, telephone banking, bill pay, and electronic funds transfer via SmartPay.