Unearned interest

Unearned interest

Interest that has been received on a loan, but that cannot be treated as a part of earnings yet, because the principal of the loan has not been outstanding long enough.

Unearned Interest

Interest on a loan that the lender has received, but that may not be recorded as earnings because the principal has not been outstanding for a long enough time.
References in periodicals archive ?
It's no surprise that UK savers are missing out on more than pounds 12bn a year in unearned interest, when most banks are keeping their customers in the dark about their savings rates.
Market share is calculated based on adjusted gross loans for unearned interest income).
Total loans, net of unearned interest, increased slightly between March 31, 2010, and June 30, 2010.
35 June 30, December 31, June 30, 2006 2005 2005 Total assets 329,229 294,390 247,769 Cash and due from banks 13,510 12,144 6,591 Federal funds sold 365 15,785 1,240 Investment securities 58,754 50,660 28,491 Loans, net of unearned interest 240,652 200,310 198,510 Deposits-interest bearing 213,495 192,364 163,273 Deposits-non interest bearing 55,142 49,585 33,272 Total deposits 268,637 241,949 196,545 Borrowed funds 28,831 25,465 25,507 Subordinated debentures 11,217 7,217 7,217 Stockholder's equity 19,459 18,478 17,547 Book value (per share) $ 8.
31, June 30, 2006 2005 2005 Total assets $1,665,630 $1,619,989 $1,374,194 Cash and cash equivalents 63,974 74,523 81,936 Investment securities 54,076 58,736 61,035 Loans, net of unearned interest 1,437,935 1,378,642 1,158,644 Allowance for loan losses 20,834 19,739 16,880 Deposits 1,283,606 1,295,879 1,148,434 Shareholders' equity 176,889 168,021 113,486 Tangible shareholders' equity 1 137,808 128,399 90,167 Book value per share 18.
70% Balance Sheets at Period End Loans, net of unearned interest $595,953 $521,109 Total assets 783,076 697,445 Deposits 627,589 592,699 Other borrowings 87,239 40,167 Shareholders' equity 62,433 59,354 Book value per share 12.
Loans, net of unearned interest, increased 2% to $1,404,627,000 at March 31, 2006, from year-end 2005 net loans of $1,378,642,000, and were 26% higher compared with net loans of $1,114,731,000 at March 31, 2005.
If at anytime Parallel elects not to pursue additional development of the leasehold, Parallel will reassign any unearned interest back to the five parties and will incur no future capital obligations.
Loans, net of unearned interest, increased $331,775,000 or 32% to $1,378,642,000 at December 31, 2005.
31, 2005 $27,528 $728,108 $(1,904)$342,675 $(21,550) $(241,394)$833,463 Average Balances / Yields and Rates UMB Financial Corporation (tax - equivalent basis) (all dollars in thousands)(unaudited) Year Ended December 31, 2005 2004 Average Average Average Average Assets Balance Yield/Rate Balance Yield/Rate Loans, net of unearned interest $ 3,130,813 5.