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ECB Bancorp Inc (AMEX:ECBE)
Credit Losses Provision
$5.04 Mil (TTM As of Sep. 2012)

ECB Bancorp Inc's credit losses provision for the three months ended in Sep. 2012 was $1.92 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2012 was $5.04 Mil.

ECB Bancorp Inc's quarterly credit losses provision increased from Mar. 2012 ($0.00 Mil) to Jun. 2012 ($0.87 Mil) and increased from Jun. 2012 ($0.87 Mil) to Sep. 2012 ($1.92 Mil).

ECB Bancorp Inc's annual credit losses provision increased from Dec. 2009 ($11.10 Mil) to Dec. 2010 ($12.98 Mil) but then declined from Dec. 2010 ($12.98 Mil) to Dec. 2011 ($8.48 Mil).


Definition

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.

ECB Bancorp Inc Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2012 was 2.252 (Dec. 2011 ) + 0 (Mar. 2012 ) + 0.866 (Jun. 2012 ) + 1.917 (Sep. 2012 ) = $5.04 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

ECB Bancorp Inc Annual Data

Dec02Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11
IS_CreditLossesProvision 0.640.640.800.760.35-0.102.4511.1012.988.48

ECB Bancorp Inc Quarterly Data

Jun10Sep10Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12
IS_CreditLossesProvision 1.783.864.343.931.271.032.250.000.871.92
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