Harbor Bankshares (Harbor Bankshares) Accounts Payable & Accrued Expense : $2.44 Mil (As of Sep. 2006)

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What is Harbor Bankshares Accounts Payable & Accrued Expense?

Harbor Bankshares's quarterly accounts payable & accrued expense increased from Mar. 2006 ($2.06 Mil) to Jun. 2006 ($2.25 Mil) and increased from Jun. 2006 ($2.25 Mil) to Sep. 2006 ($2.44 Mil).

Harbor Bankshares's annual accounts payable & accrued expense increased from Dec. 2003 ($0.23 Mil) to Dec. 2004 ($0.36 Mil) and increased from Dec. 2004 ($0.36 Mil) to Dec. 2005 ($0.68 Mil).

Harbor Bankshares Accounts Payable & Accrued Expense Historical Data

The historical data trend for Harbor Bankshares's Accounts Payable & Accrued 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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Harbor Bankshares Accounts Payable & Accrued Expense Chart

Harbor Bankshares Annual Data

Trend

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Accounts Payable & Accrued Expense

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0.54

0.32

0.23

0.36

0.68

Harbor Bankshares Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.03	0.68	2.06	2.25	2.44

Harbor Bankshares Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Harbor Bankshares (Harbor Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Harbor Bankshares Corp (OTCPK:HRBK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 West Fayette Street, Baltimore, MD, USA, 21201

Website

https://www.theharborbank.com

Harbor Bankshares Corp is the holding company for The Harbor Bank of Maryland. The Bank conducts general banking business in locations and primarily serves the Baltimore, Maryland, metropolitan area. It offers checking, savings, and time deposits, commercial real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides various loans including commercial and residential mortgage loans, construction loans, working capital loans, and lines of credit. Its portfolio consists of investments in the U.S. government and corporate debt obligations.

Executives

Louis J Grasmick

director

GRASMICK LUMBER, 6715 QUAD AVENUE, BALTIMORE MD 21237

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