United Tennessee Bankshares (United Tennessee Bankshares) Tax Rate % : 14.49% (As of Mar. 2024)

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What is United Tennessee Bankshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. United Tennessee Bankshares's Tax Expense for the three months ended in Mar. 2024 was $0.05 Mil. United Tennessee Bankshares's Pre-Tax Income for the three months ended in Mar. 2024 was $0.35 Mil. Therefore, United Tennessee Bankshares's Tax Rate % for the quarter that ended in Mar. 2024 was 14.49%.

United Tennessee Bankshares Tax Rate % Historical Data

The historical data trend for United Tennessee Bankshares'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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United Tennessee Bankshares Tax Rate % Chart

United Tennessee Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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18.33

14.98

16.44

19.30

18.87

United Tennessee Bankshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															17.57	21.41	17.95	12.28	14.49

United Tennessee Bankshares Tax Rate % Calculation

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

United Tennessee Bankshares'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 )
	=	0.438	/	2.321
	=	18.87 %

United Tennessee Bankshares'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 )
	=	0.05	/	0.345
	=	14.49 %

United Tennessee Bankshares Tax Rate % Related Terms

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United Tennessee Bankshares (United Tennessee Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Tennessee Bankshares Inc (OTCPK:UNTN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

170 W. Broadway, Newport, TN, USA, 37821-2325

Website

https://www.newportfederalbank.com

United Tennessee Bankshares Inc is the holding company. It provides financial services to individuals and corporate customers. The bank's principal business consists of accepting deposits from the public through its main office and branch offices then investing those funds in loans secured by one to four family residential properties located in its primary market area. United Tennessee offers residential real estate loans, construction and land loans, commercial real estate loans, commercial and industrial loans, and consumer loans.

Executives

Nancy Bryant	officer: V. Pres. & Treasurer	344 W BROADWAY, NEWPORT TN 37821
Hooper Ben W Iii	director	344 W BROADWAY, NEWPORT TN 37821
Robert L Overholt	director	344 W BROADWAY, NEWPORT TN 37821
Tommy C Bible	director	344 W BROADWAY, NEWPORT TN 37821
Chris Triplett	officer: Comptroller	344 W BROADWAY, NEWPORT TN 37821
William B Henry	director	344 W BROADWAY, NEWPORT TN 37821
Robert D Self	director	344 W BROADWAY, NEWPORT TN 37821
J William Myers	director	344 W BROADWAY, NEWPORT TN 37821
Richard G Harwood	director, officer: President	344 W BROADWAY, NEWPORT TN 37821
Peggy B Holston	officer: Branch Mgr. & Secretary	344 W BROADWAY, NEWPORT TN 37821
Lonnie R Jones	officer: Vice President	344 W BROADWAY, NEWPORT TN 37821

United Tennessee Bankshares (United Tennessee Bankshares) Headlines

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