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PFBN (Pacific Alliance Bank Ca) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2024)


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What is Pacific Alliance Bank Ca Long-Term Capital Lease Obligation?

Pacific Alliance Bank Ca's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil.


Pacific Alliance Bank Ca Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pacific Alliance Bank Ca'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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Pacific Alliance Bank Ca Long-Term Capital Lease Obligation Chart

Pacific Alliance Bank Ca Annual Data
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Long-Term Capital Lease Obligation
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Pacific Alliance Bank Ca Semi-Annual Data
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Pacific Alliance Bank Ca  (OTCPK:PFBN) 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.

Pacific Alliance Bank Ca Long-Term Capital Lease Obligation Related Terms

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Pacific Alliance Bank Ca Business Description

Traded in Other Exchanges
N/A
Address
641 W. Las Tunas Dr, San Gabriel, CA, USA, 91776
Pacific Alliance Bank Ca is a commercial bank, engaged in client relationships with businesses, client communities, related business owners, owner's families, and employees. The company delivers distinctive deposit, loan, and service products, based on client needs. It serves Rosemead, its surrounding communities, and Southern California in general.

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