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CIBN (Community Investors Bancorp) Tax Expense : $0.34 Mil (TTM As of Sep. 2024)


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What is Community Investors Bancorp Tax Expense?

Community Investors Bancorp's tax expense for the months ended in Sep. 2024 was $0.09 Mil. Its tax expense for the trailing twelve months (TTM) ended in Sep. 2024 was $0.34 Mil.


Community Investors Bancorp Tax Expense Historical Data

The historical data trend for Community Investors Bancorp's Tax Expense 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.

Community Investors Bancorp Tax Expense Chart

Community Investors Bancorp Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.62 0.36 0.11 0.33

Community Investors Bancorp Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Expense 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 0.08 0.09 0.04 0.13 0.09

Community Investors Bancorp Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.34 Mil.

* 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.


Community Investors Bancorp  (OTCPK:CIBN) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Community Investors Bancorp Tax Expense Related Terms

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Community Investors Bancorp Business Description

Traded in Other Exchanges
N/A
Address
119 South Sandusky Avenue, P.O. Box 749, Bucyrus, OH, USA, 44820
Community Investors Bancorp Inc operates as a bank holding company engages in the provision of personal and commercial banking services in Ohio. Its banking services include personal, business, loan center, checking accounts, and certificates of deposit, and retirement planning.

Community Investors Bancorp Headlines

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