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ISTR (Investar Holding) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2024)


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What is Investar Holding Long-Term Capital Lease Obligation?

Investar Holding's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil.


Investar Holding Long-Term Capital Lease Obligation Historical Data

The historical data trend for Investar Holding'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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Investar Holding Long-Term Capital Lease Obligation Chart

Investar Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
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Investar Holding Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Investar Holding  (NAS:ISTR) 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.

Investar Holding Long-Term Capital Lease Obligation Related Terms

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Investar Holding Business Description

Industry
Traded in Other Exchanges
N/A
Address
10500 Coursey Boulevard, Baton Rouge, LA, USA, 70816
Investar Holding Corp is a us-based financial holding company. Through its subsidiaries, it offers a variety of commercial and retail lending products throughout its market areas, including business loans to small to medium-sized businesses, as well as loans to individuals. It has business operations spread across the United States and serves its customers through several service branches. The bank also offers cashiers' checks, direct deposit of payroll and Social Security checks, night depository, bank-by-mail, automated teller machines with deposit automation, and debit cards.
Executives
John J D'angelo officer: Chief Executive Officer 418 PECAN MEADOW DRIVE, BATON ROUGE LA 70810
Andrew C Nelson director 3235 MCCONNELL DRIVE, BATON ROUGE LA 70809
Linda M Crochet officer: Chief Operations Officer 10500 COURSEY BLVD, BATON ROUGE LA 70816
Anita M Fontenot director 217 WORTH AVENUE, LAFAYETTE LA 70508
Julio A Melara director 18580 SANTA MARIA DRIVE, BATON ROUGE LA 70809
James E Yegge director 19434 S LAKEWAY AVENUE, BATON ROUGE LA 70810
Rose J Hudson director 555 LAUREL STREET, BATON ROUGE LA 70801
William H Hidalgo director 1501 FRONT STREET P O BOX 790, MORGAN CITY LA 70381
John R Campbell officer: Chief Financial Officer 10500 COURSEY BOULEVARD, BATON ROUGE LA 70816
Robert Chris Jordan director 204-C EAST MAIN STREET, NEW IBERIA LA 70560
Moore Corey E officer: Chief Accounting Officer 10500 COURSEY BOULEVARD, BATON ROUGE LA 70816
Joffrion Gordon H Iii director 10218 VERANDA COURT, BATON ROUGE LA 70810
James M Baker director 18423 N MISSION HILLS AVENUE, BATON ROUGE LA 70810
Jeffrey Wayne Martin officer: Chief Credit Officer 10500 COURSEY BLVD, BATON ROUGE LA 70816
Suzanne O Middleton director 340 LAKE AVENUE, METAIRIE LA 70005