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Pacific Commerce Bancorp (Pacific Commerce Bancorp) Credit Losses Provision : $0.76 Mil (As of Dec. 2007)


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What is Pacific Commerce Bancorp Credit Losses Provision?

Pacific Commerce Bancorp's credit losses provision for the three months ended in Dec. 2007 was $0.24 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2007 was $0.76 Mil.

Pacific Commerce Bancorp's quarterly credit losses provision increased from Jun. 2007 ($0.15 Mil) to Sep. 2007 ($0.26 Mil) but then declined from Sep. 2007 ($0.26 Mil) to Dec. 2007 ($0.24 Mil).

Pacific Commerce Bancorp's annual credit losses provision increased from Dec. 2005 ($0.16 Mil) to Dec. 2006 ($0.55 Mil) and increased from Dec. 2006 ($0.55 Mil) to Dec. 2007 ($0.76 Mil).


Pacific Commerce Bancorp Credit Losses Provision Historical Data

The historical data trend for Pacific Commerce Bancorp's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pacific Commerce Bancorp Credit Losses Provision Chart

Pacific Commerce Bancorp Annual Data
Trend Dec05 Dec06 Dec07
Credit Losses Provision
0.16 0.55 0.76

Pacific Commerce Bancorp Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.11 0.15 0.26 0.24

Pacific Commerce Bancorp Credit Losses Provision Calculation

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.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.76 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pacific Commerce Bancorp (Pacific Commerce Bancorp) Business Description

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Pacific Commerce Bancorp is engaged in the commercial banking business, offering a full range of loan products for business owners and professionals.

Pacific Commerce Bancorp (Pacific Commerce Bancorp) Headlines

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