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Pioneer Bankcorp (Pioneer Bankcorp) Tax Expense : $ Mil (TTM As of Sep. 2023)


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What is Pioneer Bankcorp Tax Expense?

Pioneer Bankcorp's tax expense for the six months ended in Sep. 2023 was $0.00 Mil.


Pioneer Bankcorp Tax Expense Historical Data

The historical data trend for Pioneer Bankcorp's Tax Expense 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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Pioneer Bankcorp Tax Expense Chart

Pioneer Bankcorp Annual Data
Trend
Tax Expense

Pioneer Bankcorp Semi-Annual Data
Sep22 Sep23
Tax Expense - -

Pioneer Bankcorp Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.


Pioneer Bankcorp  (OTCPK:PBKC) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Pioneer Bankcorp Tax Expense Related Terms

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Pioneer Bankcorp (Pioneer Bankcorp) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
300 East Sugarland Highway, Clewiston, FL, USA, 33440
Pioneer Bankcorp Inc is a bank holding company incorporated in Florida. The Bank is a state-chartered, FDIC-insured bank headquartered in Clewiston, Florida, and conducts business from three banking offices in Hendry County and other banking offices in surrounding counties. The majority of the company's revenues are interest earned on loans, investment securities, and other financial instruments.

Pioneer Bankcorp (Pioneer Bankcorp) Headlines

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