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Marlin Business Services Corp's credit losses provision for the three months ended in Sep. 2016 was $3.14 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2016 was $11.33 Mil.
Marlin Business Services Corp's quarterly credit losses provision declined from Mar. 2016 ($3.08 Mil) to Jun. 2016 ($2.67 Mil) but then increased from Jun. 2016 ($2.67 Mil) to Sep. 2016 ($3.14 Mil).
Marlin Business Services Corp's annual credit losses provision declined from Dec. 2013 ($9.62 Mil) to Dec. 2014 ($9.12 Mil) but then increased from Dec. 2014 ($9.12 Mil) to Dec. 2015 ($10.00 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.
Marlin Business Services Corp Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2016 was 2.453 (Dec. 2015 ) + 3.075 (Mar. 2016 ) + 2.668 (Jun. 2016 ) + 3.137 (Sep. 2016 ) = $11.33 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
Marlin Business Services Corp Annual Data
Marlin Business Services Corp Quarterly Data