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IF Bancorp Inc's credit losses provision for the three months ended in Mar. 2015 was $0.02 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2015 was $0.40 Mil.
IF Bancorp Inc's quarterly credit losses provision increased from Sep. 2014 ($0.10 Mil) to Dec. 2014 ($0.14 Mil) but then declined from Dec. 2014 ($0.14 Mil) to Mar. 2015 ($0.02 Mil).
IF Bancorp Inc's annual credit losses provision declined from Jun. 2012 ($1.13 Mil) to Jun. 2013 ($0.60 Mil) and declined from Jun. 2013 ($0.60 Mil) to Jun. 2014 ($0.50 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.
IF Bancorp Inc Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2015 was 0.136 (Jun. 2014 ) + 0.104 (Sep. 2014 ) + 0.138 (Dec. 2014 ) + 0.017 (Mar. 2015 ) = $0.40 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
IF Bancorp Inc Annual Data
IF Bancorp Inc Quarterly Data