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CNB (CNBW) Tax Rate % : 22.85% (As of Mar. 2012)


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What is CNB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CNB's Tax Expense for the three months ended in Mar. 2012 was $0.17 Mil. CNB's Pre-Tax Income for the three months ended in Mar. 2012 was $0.72 Mil. Therefore, CNB's Tax Rate % for the quarter that ended in Mar. 2012 was 22.85%.

CNB Tax Rate % Historical Data

The historical data trend for CNB's Tax Rate % 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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CNB Tax Rate % Chart

CNB Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Tax Rate %
34.03 33.38 29.43 4.06 9.23

CNB Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.40 146.88 -0.80 21.51 22.85

CNB Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

CNB's Tax Rate % for the fiscal year that ended in Dec. 2011 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2011 )/Pre-Tax Income (A: Dec. 2011 )
=0.124/1.343
=9.23 %

CNB's Tax Rate % for the quarter that ended in Mar. 2012 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2012 )/Pre-Tax Income (Q: Mar. 2012 )
=0.165/0.722
=22.85 %

* 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.

CNB Tax Rate % Related Terms

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CNB (CNBW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CNB Corp (OTCPK:CNBW) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
1400 Third Avenue, P.O. Box 320, Conway, SC, USA, 29526
Website
http://www.conwaynationalbank.com
CNB Corp is an independent community bank engaged in the general commercial banking business. Some of the major services provided include checking accounts, money market deposit accounts, IRA accounts, Health Savings Accounts, savings and time deposits of various types and loans to individuals for personal use, home mortgages, home improvement, automobiles, real estate, agricultural purposes and business needs. The majority of the Bank's customers are individuals and small to medium-sized businesses.

CNB (CNBW) Headlines

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