Crazy Woman Creek Bancorp (Crazy Woman Creek Bancorp) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2003)

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What is Crazy Woman Creek Bancorp Long-Term Capital Lease Obligation?

Crazy Woman Creek Bancorp's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2003 was $0.00 Mil.

Crazy Woman Creek Bancorp Long-Term Capital Lease Obligation Historical Data

The historical data trend for Crazy Woman Creek 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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Crazy Woman Creek Bancorp Long-Term Capital Lease Obligation Chart

Crazy Woman Creek Bancorp Annual Data

Trend

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Long-Term Capital Lease Obligation

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Crazy Woman Creek Bancorp Quarterly Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Crazy Woman Creek Bancorp (OTCPK:CRZY) 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.

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Crazy Woman Creek Bancorp (Crazy Woman Creek Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Crazy Woman Creek Bancorp Inc (OTCPK:CRZY) » Definitions » Long-Term Capital Lease Obligation

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Address

106 Fort Street, P.O. Box 1020, Buffalo, WY, USA, 82834-1020

Website

https://www.buffalofed.com

Crazy Woman Creek Bancorp Inc is a bank holding company engages in the provision of various financial services to individual and corporate customers. The company offers a variety of deposit products to its customers while concentrating its lending activities on real estate loans. These real estate lending activities focus on the origination of loans secured by one-to-four family residential real estate, multi-family, commercial real estate and home equity loans.

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