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Oregon Pacific Bancorp (Oregon Pacific Bancorp) Effective Interest Rate on Debt % : 28.78% (As of Sep. 2023)


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What is Oregon Pacific 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. Oregon Pacific Bancorp's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $6.86 Mil. Oregon Pacific Bancorp's average total debt for the quarter that ended in Sep. 2023 was $23.83 Mil. Therefore, Oregon Pacific Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 28.78%.


Oregon Pacific Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for Oregon Pacific 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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Oregon Pacific Bancorp Effective Interest Rate on Debt % Chart

Oregon Pacific Bancorp Annual Data
Trend Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.19 5.47 7.37 14.01 32.42

Oregon Pacific Bancorp Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Sep22 Sep23
Effective Interest Rate on Debt % 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 - - - 34.53 28.78

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

For the Banks - Regional subindustry, Oregon Pacific 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.


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

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

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



Oregon Pacific Bancorp Effective Interest Rate on Debt % Calculation

Oregon Pacific 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  *  -1.337/( (4.124+4.124)/ 2 )
=-1  *  -1.337/4.124
=32.42 %

where

Oregon Pacific Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -6.856/( (0+23.826)/ 1 )
=-1  *  -6.856/23.826
=28.78 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23.826 + 0
=23.826

* 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.

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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Oregon Pacific Bancorp  (OTCPK:ORPB) Effective Interest Rate on Debt % Explanation

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


Oregon Pacific Bancorp Effective Interest Rate on Debt % Related Terms

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Oregon Pacific Bancorp (Oregon Pacific Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1365 Highway 101, P.O. Box 22000, Florence, OR, USA, 97439
Oregon Pacific Bancorp is a community bank headquartered in Florence, Oregon. The bank has full-service branches in Coos Bay, Eugene, Florence, Medford, and Roseburg. It is specialized in offering holistic financial services to local families and business owners. The company is committed to aiding the growth and development of the communities by investing local deposits directly into the lives, homes, and businesses.
Executives
Ronald S Green officer: EVP/Chief Credit Officer PO BOX 22000, FLORENCE OR 97439
James P Clark officer: EVP/Chief Credit Officer PO BOX 22000, FLORENCE OR 97439
Brian L Castleman officer: VP/SENIOR COMMERCIAL LENDER PO BOX 22000, FLORENCE OR 97439
Ryan J Lahley officer: VP/REGIONAL LOAN MGR ROSEBURG PO BOX 22000, FLORENCE OR 97439
Christopher M Giovinco officer: Senior Vp Regional Mgr Comm Ln
Delia Ralstin officer: VP/ MANAGER LOAN OPERATIONS PO BOX 22000, FLORENCE OR 97439
Tricia Benetti director PO BOX 22000, FLORENCE OR 97439
Mary Hipkiss officer: VP director human resources
Mark A Hetrick officer: Senior VP/CLO
Douglas B Feldkamp director C/O OREGON PACIFIC BANCORP, PO BOX 22000, FLORENCE OR 97439
Thomas K Grove director, officer: president/ceo
Jon D Thompson director PO BOX 22000, FLORENCE OR 97439
Robert W Dyer officer: VP COMMERCIAL R E LENDING OFFI
Deena Lynne Gisholt officer: VP/Regional Loan Manager, other: Branch Manager
K C Short officer: VP/Commercial Lending Officer

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