GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » JSB Financial Inc (OTCPK:JFWV) » Definitions » Tax Expense

JSB Financial (JSB Financial) Tax Expense : $ Mil (TTM As of Sep. 2007)


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

What is JSB Financial Tax Expense?

JSB Financial's tax expense for the months ended in Sep. 2007 was $0.18 Mil.


JSB Financial Tax Expense Historical Data

The historical data trend for JSB Financial'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.

JSB Financial Tax Expense Chart

JSB Financial Annual Data
Trend
Tax Expense

JSB Financial Quarterly Data
Mar07 Jun07 Sep07
Tax Expense 0.23 0.23 0.18

JSB Financial 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.


JSB Financial  (OTCPK:JFWV) 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.


JSB Financial Tax Expense Related Terms

Thank you for viewing the detailed overview of JSB Financial's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


JSB Financial (JSB Financial) Business Description

Traded in Other Exchanges
N/A
Address
105 East Washington Street, P.O. Box 35, Shepherdstown, WV, USA, 25443
JSB Financial Inc Formerly Jefferson Security Bank W Va provides a full range of banking services to individuals, agricultural businesses and commercial businesses located in its service area. The company accepts various deposit products, such as checking, savings, money market, individual retirement, certificates of deposit, and overdraft protection products. Its loan portfolio includes personal and vehicle, mortgage, construction, commercial, and other loans. The company also offers ATM, online and mobile banking, bill pay, e-statements, cash management, remote deposit capture services, credit and debit cards, as well as provides security tips.

JSB Financial (JSB Financial) Headlines

No Headlines