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Clifton Bancorp Inc's credit losses provision for the three months ended in Mar. 2016 was $0.70 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2016 was $1.07 Mil.
Clifton Bancorp Inc's quarterly credit losses provision increased from Sep. 2015 ($0.10 Mil) to Dec. 2015 ($0.19 Mil) and increased from Dec. 2015 ($0.19 Mil) to Mar. 2016 ($0.70 Mil).
Clifton Bancorp Inc's annual credit losses provision declined from Mar. 2014 ($0.78 Mil) to Mar. 2015 ($0.72 Mil) but then increased from Mar. 2015 ($0.72 Mil) to Mar. 2016 ($1.07 Mil).
For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.
Clifton Bancorp Inc Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2016 was 0.073 (Jun. 2015 ) + 0.1 (Sep. 2015 ) + 0.189 (Dec. 2015 ) + 0.703 (Mar. 2016 ) = $1.07 Mil.
Clifton Bancorp Inc Annual Data
Clifton Bancorp Inc Quarterly Data