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Bar Harbor Bankshares (BHB) Interest Expense - Deposits: 2018-2021

Historic Interest Expense - Deposits for Bar Harbor Bankshares (BHB) over the last 4 years, with Dec 2021 value amounting to $1.4 million.

  • Bar Harbor Bankshares' Interest Expense - Deposits fell 60.23% to $1.4 million in Q4 2021 from the same period last year, while for Dec 2021 it was $8.5 million, marking a year-over-year decrease of 52.65%. This contributed to the annual value of $61.7 million for FY2024, which is 61.37% up from last year.
  • Bar Harbor Bankshares' Interest Expense - Deposits amounted to $1.4 million in Q4 2021, which was down 7.78% from $1.6 million recorded in Q3 2021.
  • In the past 5 years, Bar Harbor Bankshares' Interest Expense - Deposits registered a high of $7.1 million during Q3 2019, and its lowest value of $1.4 million during Q4 2021.
  • Moreover, its 3-year median value for Interest Expense - Deposits was $4.2 million (2020), whereas its average is $4.5 million.
  • In the last 5 years, Bar Harbor Bankshares' Interest Expense - Deposits skyrocketed by 58.27% in 2019 and then tumbled by 60.23% in 2021.
  • Quarterly analysis of 4 years shows Bar Harbor Bankshares' Interest Expense - Deposits stood at $5.7 million in 2018, then increased by 18.49% to $6.7 million in 2019, then plummeted by 46.16% to $3.6 million in 2020, then slumped by 60.23% to $1.4 million in 2021.
  • Its Interest Expense - Deposits was $1.4 million in Q4 2021, compared to $1.6 million in Q3 2021 and $2.6 million in Q2 2021.