Merchants Bancshares (Merchants Bancshares) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2017)

View and export this data going back to 1993. Start your Free Trial

What is Merchants Bancshares Long-Term Capital Lease Obligation?

Merchants Bancshares's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2017 was $0.00 Mil.

Merchants Bancshares Long-Term Capital Lease Obligation Historical Data

The historical data trend for Merchants Bancshares'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.

* Premium members only.

Merchants Bancshares Long-Term Capital Lease Obligation Chart

Merchants Bancshares Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

Merchants Bancshares Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Merchants Bancshares (NAS:MBVT) 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.

Merchants Bancshares Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Merchants Bancshares's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Merchants Bancshares (Merchants Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Merchants Bancshares Inc (NAS:MBVT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.mbvt.com

Merchants Bancshares Inc is a bank holding company organized under Vermont law in 1983. Merchants Bank, the Company's primary subsidiary, is a Vermont commercial bank with 32 full-service banking offices located throughout the state of Vermont. The Company, through its subsidiary, offers a full range of deposit, loan, cash management, and trust services to meet the financial needs of individual consumers, businesses and municipalities at 32 full-service banking offices throughout the state of Vermont. Its trust division offers investment management, financial planning and trustee services. The Company competes in Vermont for deposit and loan business not only with other commercial and savings banks, and savings and loan associations, but also with credit unions and other non-bank financial providers. It is subject to extensive regulation and supervision, including, in many cases, regulation that limits the type and scope of its activities.

Executives

Jeffrey L Davis	director	275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
Pecor Raymond C Iii	director	1 KING STREET DOCK, BURLINGTON VT 05401
Richard M Donovan	officer: Interim PAO, PFO and Treasurer	C/O FIRST SEACOAST BANCORP, 633 CENTRAL AVENUE, DOVER NH 03820
Bruce M Lisman	director	C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Eric Andrew Segal	officer: Interim PAO, PFO and Treasurer	6489 DEERFIELD DRIVE, NEW HOPE PA 18938
Thomas J. Meshako	officer: Treasurer and CFO	MERCHANTS BANK, P.O. BOX 1009, BURLINGTON VT 05402
John A Kane	director	C/O MERCHANTS BANCSHARES, INC., 275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
F Sheldon Prentice	officer: Senior Vice President	C/O NBT BANCORP, 52 BROAD STREET, NORWICH NY 13815
Charles A Davis	director	1 CAPE MAY ST, 1 CAPE MAY ST, HARRISON NJ 07029

Merchants Bancshares (Merchants Bancshares) Headlines

From GuruFocus

Merchants Bancshares Inc. Reports Operating Results (10-K)

By gurufocus 10qk • 03-15-2011

Merchants Bancshares Inc. Reports Operating Results (10-Q)

By gurufocus • 08-08-2009

Merchants Bancshares Inc. (MBVT) CFO,Treasurer Janet P Spitler sells 1,000 Shares

By GuruFocus Research GuruFocus Editor • 08-10-2010

Merchants Bancshares Inc. Reports Operating Results (10-Q)

By gurufocus • 05-08-2009

Merchants Bancshares Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 11-09-2009

Merchants Bancshares Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 11-05-2010

Merchants Bancshares Inc. (MBVT) SVP, CFO and Treasurer Janet P Spitler sells 5,600 Shares

By gurufocus • 08-07-2009