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First National Bank Alaska (First National Bank Alaska) Long-Term Capital Lease Obligation : $0.0 Mil (As of Mar. 2024)


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What is First National Bank Alaska Long-Term Capital Lease Obligation?

First National Bank Alaska's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil.

First National Bank Alaska Long-Term Capital Lease Obligation Historical Data

The historical data trend for First National Bank Alaska's Long-Term Capital Lease Obligation 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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First National Bank Alaska Long-Term Capital Lease Obligation Chart

First National Bank Alaska Annual Data
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Long-Term Capital Lease Obligation
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First National Bank Alaska Quarterly Data
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First National Bank Alaska  (OTCPK:FBAK) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

First National Bank Alaska Long-Term Capital Lease Obligation Related Terms

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First National Bank Alaska (First National Bank Alaska) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First National Bank Alaska (OTCPK:FBAK) » Definitions » Long-Term Capital Lease Obligation
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MCBS HFWA FCBC HBT CFB OSBC MBWM GSBC UVSP NBBK NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP MIC:SBER SGX:D05 ISX:BBCA MIL:ISP
Traded in Other Exchanges
N/A
Address
360 K Street, Suite 100, Anchorage, AK, USA, 99501
Website
https://www.fnbalaska.com
First National Bank Alaska is a commercial banking service provider in the United States. Its primary business operations involve corporate banking and consumer banking services. The Bank provides trust banking services, escrow and contract collection services, bankcard services and safe deposit box facilities for business, industry, and individuals within the State of Alaska. It also offers various real estate loans, including commercial and construction/development loans, multifamily residential loans, and consumer and other loans. The company also has add-on services like the United States Treasury, the United States Government-sponsored enterprises, States and political subdivisions, mortgage-backed-residential and corporate bonds.