Citizens National Bancshares Bossier (Citizens National Bancshares Bossier) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2096)

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What is Citizens National Bancshares Bossier Long-Term Capital Lease Obligation?

Citizens National Bancshares Bossier's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2096 was $0.00 Mil.

Citizens National Bancshares Bossier Long-Term Capital Lease Obligation Historical Data

The historical data trend for Citizens National Bancshares Bossier'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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Citizens National Bancshares Bossier Long-Term Capital Lease Obligation Chart

Citizens National Bancshares Bossier Annual Data

Trend

Dec94

Dec95

Long-Term Capital Lease Obligation

Citizens National Bancshares Bossier Quarterly Data
	Sep94	Dec94	Mar95	Jun95	Sep95	Dec95	Mar96	Jun96	Sep96
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				-	-	-	-	-

Citizens National Bancshares Bossier (OTCPK:CNBL) 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.

Citizens National Bancshares Bossier Long-Term Capital Lease Obligation Related Terms

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Citizens National Bancshares Bossier (Citizens National Bancshares Bossier) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Citizens National Bancshares Bossier Inc (OTCPK:CNBL) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

2711 East Texas Street, P.O. Box 6266, Bossier City, LA, USA, 71111

Website

https://www.citizensnb.com

Citizens National Bancshares Bossier Inc is a United States-based company engaged in offering a complete array of banking products and services. It offers personal banking services, business banking services, mortgaged services, and investments services. The company's provision of services includes savings facility, loans, CDs and IRAs, credit cards, online and mobile banking, merchant services, cash management, and others.

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