Tectonic Financial, Inc. Quarterly Interest Expense in USD from Q1 2018 to Q2 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Tectonic Financial, Inc. quarterly/annual Interest Expense history and growth rate from Q1 2018 to Q2 2024.
  • Tectonic Financial, Inc. Interest Expense for the quarter ending June 30, 2024 was $7.8M, a 75.9% increase year-over-year.
  • Tectonic Financial, Inc. Interest Expense for the twelve months ending June 30, 2024 was $25.8M, a 108% increase year-over-year.
  • Tectonic Financial, Inc. annual Interest Expense for 2023 was $19.1M, a 224% increase from 2022.
  • Tectonic Financial, Inc. annual Interest Expense for 2022 was $5.9M, a 62.8% increase from 2021.
  • Tectonic Financial, Inc. annual Interest Expense for 2021 was $3.63M, a 31.2% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $25.8M $7.8M +$3.36M +75.9% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-14
Q1 2024 $22.4M $7.2M +$3.33M +85.9% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-15
Q4 2023 $19.1M $5.68M +$3.2M +129% Oct 1, 2023 Dec 31, 2023 10-K 2024-04-01
Q3 2023 $15.9M $5.13M +$3.51M +216% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-14
Q2 2023 $12.4M $4.43M +$3.52M +384% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-14
Q1 2023 $8.88M $3.87M +$2.98M +334% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-15
Q4 2022 $5.9M $2.48M +$1.6M +184% Oct 1, 2022 Dec 31, 2022 10-K 2024-04-01
Q3 2022 $4.3M $1.62M +$704K +76.9% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-14
Q2 2022 $3.6M $916K +$28K +3.15% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-14
Q1 2022 $3.57M $892K -$58K -6.11% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-15
Q4 2021 $3.63M $873K -$201K -18.7% Oct 1, 2021 Dec 31, 2021 10-K 2023-03-31
Q3 2021 $3.83M $916K -$321K -26% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-14
Q2 2021 $4.15M $888K -$571K -39.1% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-15
Q1 2021 $4.72M $950K -$549K -36.6% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-16
Q4 2020 $5.27M $1.07M -$561K -34.3% Oct 1, 2020 Dec 31, 2020 10-K 2022-03-31
Q3 2020 $5.83M $1.24M -$412K -25% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-15
Q2 2020 $6.24M $1.46M -$23K -1.55% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-16
Q1 2020 $6.27M $1.5M +$63K +4.39% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-14
Q4 2019 $6.2M $1.64M +$330K +25.3% Oct 1, 2019 Dec 31, 2019 10-K/A 2021-05-05
Q3 2019 $5.87M $1.65M +$494K +42.8% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-13
Q2 2019 $5.38M $1.48M +$457K +44.6% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-14
Q1 2019 $4.92M $1.44M +$561K +64.1% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-15
Q4 2018 $4.36M $1.31M Oct 1, 2018 Dec 31, 2018 10-K 2020-03-31
Q3 2018 $1.16M Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-14
Q2 2018 $1.03M Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-14
Q1 2018 $875K Jan 1, 2018 Mar 31, 2018 10-Q 2019-06-24
* An asterisk sign (*) next to the value indicates that the value is likely invalid.