Average Outstanding Balance

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Average Outstanding Balance

The balance still owed on a portfolio of credit cards divided by the number of credit card accounts represented in the portfolio. Investors considering buying a credit card portfolio may look at the average outstanding balance to measure the potential profitability of the investment.
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The drop in interest income is largely the result of lower yields on outstanding loans, partially offset by slightly higher average outstanding balances (USD 236,867,000 for the second quarter of 2017 vs.
When looking at CSCU credit unions' averages, active account percentages were at an all-time high, well in excess of 60%, and average outstanding balances increased a solid 7%.
It raised the average outstanding balances by pounds 1.
3% in effect during the period and average outstanding balances subject to 30-day LIBOR, including off-balance sheet amounts outstanding under the Company's Amended and Restated Treasury Services Agreement with Bank of America, N.
3% and our average outstanding balances subject to 30-day LIBOR will be $430 million; (e) our expectation that our effective tax rate for the full year 2009 will be approximately 38%; (f) our expectation that cash outlays for capital expenditures to approximate those amounts disbursed in 2008; (g) our assumption that there are approximately 77 million diluted shares issued; and (h) our belief that EBITDA, adjusted EBITDA, and Cash EPS are widely-referenced financial measures in the financial markets and our belief that references to the foregoing is helpful to investors.
2) Average outstanding balances shown net of the allowance for loan losses, deferred loan fees and expenses, loan premiums and discounts and include non-accrual loans.
Lower market interest rates and reduced average outstanding balances of loans were both primarily responsible for the lower interest income in the 2003 periods compared to the 2002 periods.
Howell, president and chief executive officer of Patriot National Bank, stated that the higher net interest margin was the result of higher average outstanding balances in the loan portfolio.
In comparing operating results for the fourth quarter of 1999 to the fourth quarter of 1998, interest income increased by $54,000 primarily due to an increase in the average outstanding balances of loans receivable and an increase in interest rates earned on interest earning assets.
In comparing operating results for the third quarter of 1999 to the third quarter of 1998, interest income decreased by $462,000 primarily due to a decline in the average outstanding balances of loans receivable and investments.
This reduction in certificate of deposit balances is primarily responsible for a 1% decline in daily average outstanding balances of total deposits for the first nine months of 1996, to $295,690,000, compared to $297,316,000 for the same period in 1995.
Stevens, corporation chairman, "A more meaningful measure of deposit change is daily average outstanding balances which increased 1% to $297,030,000 as of June 30, 1996, as compared to $295,364,000 on June 30, 1995.