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JPMorgan Chase & Co's credit losses provision for the three months ended in Mar. 2014 was $850 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2014 was $458 Mil.
JPMorgan Chase & Co's quarterly credit losses provision increased from Sep. 2013 ($-543 Mil) to Dec. 2013 ($104 Mil) and increased from Dec. 2013 ($104 Mil) to Mar. 2014 ($850 Mil).
JPMorgan Chase & Co's annual credit losses provision declined from Dec. 2011 ($7,574 Mil) to Dec. 2012 ($3,385 Mil) and declined from Dec. 2012 ($3,385 Mil) to Dec. 2013 ($225 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.
JPMorgan Chase & Co Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2014 was 47 (Jun. 2013 ) + -543 (Sep. 2013 ) + 104 (Dec. 2013 ) + 850 (Mar. 2014 ) = $458 Mil.
JPMorgan Chase & Co Annual Data
JPMorgan Chase & Co Quarterly Data