FSB Bancorp (FSB Bancorp) Effective Interest Rate on Debt % : 8.76% (As of Dec. 2019)

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What is FSB Bancorp Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. FSB Bancorp's annualized positive value of Interest Expense for the quarter that ended in Dec. 2019 was $4.94 Mil. FSB Bancorp's average total debt for the quarter that ended in Dec. 2019 was $56.36 Mil. Therefore, FSB Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2019 was 8.76%.

FSB Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for FSB Bancorp's Effective Interest Rate on Debt % 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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FSB Bancorp Effective Interest Rate on Debt % Chart

FSB Bancorp Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec15

Dec16

Dec17

Dec18

Dec19

Effective Interest Rate on Debt %

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5.65

4.19

4.58

5.84

7.84

FSB Bancorp Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.35	6.97	7.98	8.63	8.76

Competitive Comparison of FSB Bancorp's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, FSB Bancorp's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

FSB Bancorp's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, FSB Bancorp's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where FSB Bancorp's Effective Interest Rate on Debt % falls into.

FSB Bancorp Effective Interest Rate on Debt % Calculation

FSB Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2018 )	+	Total Debt (A: Dec. 2019 ))	/ count )
=	-1 * -4.937	/	( (71.826	+	54.057)	/ 2 )
=	-1 * -4.937	/	62.9415
=	7.84 %

where

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	58.076	+	13.75
=	71.826

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	53.057	+	1
=	54.057

FSB Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2019 )	+	Total Debt (Q: Dec. 2019 ))	/ count )
=	-1 * -4.936	/	( (58.663	+	54.057)	/ 2 )
=	-1 * -4.936	/	56.36
=	8.76 %

where

	Total Debt (Q: Sep. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	56.663	+	2
=	58.663

	Total Debt (Q: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	53.057	+	1
=	54.057

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

FSB Bancorp (NAS:FSBC) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

FSB Bancorp Effective Interest Rate on Debt % Related Terms

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FSB Bancorp (FSB Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FSB Bancorp Inc (NAS:FSBC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 South Main Street, Fairport, NY, USA, 14450

Website

https://www.fairportsavingsbank.com

FSB Bancorp Inc is a bank holding company which offers secure and personalized financial solutions. The company through its banking subsidiaries is engaged in providing banking products and services including checking and savings, lending and other mortgage services, Wealth Management and Insurance. Its revenue derived primarily from Interest on loans and, Interest on investment and municipal securities and mortgage-backed securities.

Executives

Kevin D Maroney

director, officer: President and CEO

45 SOUTH MAIN STREET, FAIRPORT NY 14450