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JPMorgan Chase & Co's credit losses provision for the three months ended in Dec. 2013 was $104 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2013 was $225 Mil.
JPMorgan Chase & Co's quarterly credit losses provision declined from Jun. 2013 ($47 Mil) to Sep. 2013 ($-543 Mil) but then increased from Sep. 2013 ($-543 Mil) to Dec. 2013 ($104 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 Dec. 2013 was 617 (Mar. 2013 ) + 47 (Jun. 2013 ) + -543 (Sep. 2013 ) + 104 (Dec. 2013 ) = $225 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
JPMorgan Chase & Co Annual Data
JPMorgan Chase & Co Quarterly Data