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TEB Bancorp (TEB Bancorp) Effective Interest Rate on Debt % : 953.28% (As of Sep. 2023)


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What is TEB 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. TEB Bancorp's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $5.67 Mil. TEB Bancorp's average total debt for the quarter that ended in Sep. 2023 was $0.60 Mil. Therefore, TEB Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 953.28%.


TEB Bancorp Effective Interest Rate on Debt % Historical Data

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

TEB Bancorp Annual Data
Trend Jun18 Jun19 Jun20 Jun21
Effective Interest Rate on Debt %
- 5.93 8.36 18.16

TEB Bancorp Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 25.33 22.00 20.72 23.68 953.28

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

For the Banks - Regional subindustry, TEB 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.


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

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

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



TEB Bancorp Effective Interest Rate on Debt % Calculation

TEB Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2020 )+Total Debt  (A: Jun. 2021 ))/ count )
=-1  *  -1.271/( (9+5)/ 2 )
=-1  *  -1.271/7
=18.16 %

where

TEB 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  *  -5.672/( (0+0.595)/ 1 )
=-1  *  -5.672/0.595
=953.28 %

where

* 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.


TEB Bancorp  (OTCPK:TBBA) Effective Interest Rate on Debt % Explanation

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


TEB Bancorp Effective Interest Rate on Debt % Related Terms

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TEB Bancorp (TEB Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2290 North Mayfair Road, Wauwatosa, WI, USA, 53226
TEB Bancorp Inc through its subsidiary is involved in banking services. Its business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations, in one-to four-family residential real estate loans, multifamily residential real estate loans and commercial real estate loans, and, to a lesser extent, consumer loans, construction loans, land and development loans, and commercial and industrial loans.
Executives
Allen J Prochnow director 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
John Udvare officer: Chief Financial Officer 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
Rachelle Marquardt director 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
Thomas Sattler officer: SVP 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
Lauren Poppen officer: Chief Financial Officer 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
Otto R Radke director 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
John P Matter director, officer: President and CEO 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
Julie A Taylor director 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
Charles R Pittelkow director, other: Chairman of the Board 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
Jennifer L Provancher director, officer: EVP, COO and CFO 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
William A Behm officer: Chief Credit Officer 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
Christopher C Conlon director 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
Mhc Teb 10 percent owner 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226
Joseph J Becker director 2290 NORTH MAYFAIR ROAD, WAUWATOSA WI 53226

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