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Honat Bancorp (Honat Bancorp) Tax Expense : $1.46 Mil (TTM As of Dec. 2018)


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What is Honat Bancorp Tax Expense?

Honat Bancorp's tax expense for the six months ended in Dec. 2018 was $1.46 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2018 was $1.46 Mil.


Honat Bancorp Tax Expense Historical Data

The historical data trend for Honat 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.

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Honat Bancorp Tax Expense Chart

Honat Bancorp Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec17 Dec18
Tax Expense
Get a 7-Day Free Trial 2.05 2.76 2.72 3.65 1.46

Honat Bancorp Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec17 Dec18
Tax Expense Get a 7-Day Free Trial 2.05 2.76 2.72 3.65 1.46

Honat 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Tax Expense for the trailing twelve months (TTM) ended in Dec. 2018 was $1.46 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.


Honat Bancorp  (OTCPK:HONT) 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.


Honat Bancorp Tax Expense Related Terms

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Honat Bancorp (Honat Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
724 Main Street, P.O. Box 350, Honesdale, PA, USA, 18431-0350
Honat Bancorp Inc is a United States-based Bank holding company. It provides full banking services, including trust services. It offers personal banking, business, and financial services. The services include deposit accounts, loan products, digital banking facilities, mortgage facilities, credit cards, and merchant services, among others. Its loan portfolio segments include Commercial & Industrial, Commercial Real Estate, Consumer 2020 Real Estate, and Consumer.

Honat Bancorp (Honat Bancorp) Headlines

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