GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Resource Bancorp Inc (OTCPK:FRSB) » Definitions » Tax Rate %

First Resource Bancorp (First Resource Bancorp) Tax Rate % : 20.77% (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is First Resource Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. First Resource Bancorp's Tax Expense for the three months ended in Mar. 2024 was $0.35 Mil. First Resource Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was $1.68 Mil. Therefore, First Resource Bancorp's Tax Rate % for the quarter that ended in Mar. 2024 was 20.77%.

First Resource Bancorp Tax Rate % Historical Data

The historical data trend for First Resource Bancorp'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.

* Premium members only.

First Resource Bancorp Tax Rate % Chart

First Resource Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.21 19.63 19.95 20.28 20.41

First Resource Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only 20.30 20.13 20.41 20.70 20.77

First Resource Bancorp Tax Rate % Calculation

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

First Resource Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=1.52/7.446
=20.41 %

First Resource Bancorp's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=0.349/1.68
=20.77 %

* 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.

First Resource Bancorp Tax Rate % Related Terms

Thank you for viewing the detailed overview of First Resource Bancorp's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

First Resource Bancorp (First Resource Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Resource Bancorp Inc (OTCPK:FRSB) » Definitions » Tax Rate %
Comparable Companies
CBWA FSEA STBI CBAF EDVR CFOK FGFI BCOW CFSB SVBT NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK XPAR:BNP ISX:BBCA NSE:SBIN USB MIC:SBER SGX:D05
Traded in Other Exchanges
N/A
Address
1 E. Uwchlan Avenue, Suite 410, Exton, PA, USA, 19341
Website
https://www.firstresourcebank.com
First Resource Bancorp Inc is a community bank. It is a full-service bank providing personal and business lending and deposit services. The company serves the southeastern area of Pennsylvania. The bank offers a range of commercial and consumer deposit accounts and regular savings accounts.