Orange County Bancorp (Orange County Bancorp) Long-Term Capital Lease Obligation : $0.0 Mil (As of Mar. 2024)

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What is Orange County Bancorp Long-Term Capital Lease Obligation?

Orange County Bancorp's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil.

Orange County Bancorp Long-Term Capital Lease Obligation Historical Data

The historical data trend for Orange County Bancorp'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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Orange County Bancorp Long-Term Capital Lease Obligation Chart

Orange County Bancorp Annual Data

Trend

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Long-Term Capital Lease Obligation

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Orange County Bancorp Quarterly Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Orange County Bancorp (NAS:OBT) 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.

Orange County Bancorp Long-Term Capital Lease Obligation Related Terms

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Orange County Bancorp (Orange County Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Orange County Bancorp Inc (NAS:OBT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

212 Dolson Avenue, Middletown, NY, USA, 10940

Website

https://www.orangebanktrust.com

Orange County Bancorp Inc provides banking services. Its services include personal banking services such as personal loans, personal savings, business loans, business savings, and internet banking among others. The company provides commercial and consumer banking services to individuals, small businesses and local municipal governments as well as trust and investment services through the Bank and HVIA. Its segment includes banking and wealth management. The company generates maximum revenue from the banking segment.

Executives

Stephen Rooney	officer: SVP, Co-Chief Credit Officer	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Michael Listner	officer: SVP and CCO	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Michael J Coulter	officer: EVP and CLO	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Gregory Sousa	officer: EVP and CCBO	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Olga Luz Tirado	director	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Joseph A Ruhl	officer: Reg Pres, Westchester County	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Gustave J Scacco	director	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Michael J Gilfeather	director, officer: President and CEO	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Terry R Saturno	director	212 DOLSON AVENUE, MIDDLETOWN NY 10940
William D Morrison	director	212 DOLSON AVENUE, MIDDLETOWN NY 10940
David P Dineen	officer: SVP, Dir. Wealth Services	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Louis Heimbach	director	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Kevin J Keane	director	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Jonathan F Rouis	director	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Gregory F Holcombe	director	212 DOLSON AVENUE, MIDDLETOWN NY 10940