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Regional Management Corp's credit losses provision for the three months ended in Jun. 2015 was $12.1 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2015 was $60.3 Mil.
Regional Management Corp's quarterly credit losses provision declined from Dec. 2014 ($16.0 Mil) to Mar. 2015 ($9.7 Mil) but then increased from Mar. 2015 ($9.7 Mil) to Jun. 2015 ($12.1 Mil).
Regional Management Corp's annual credit losses provision increased from Dec. 2012 ($27.8 Mil) to Dec. 2013 ($39.2 Mil) and increased from Dec. 2013 ($39.2 Mil) to Dec. 2014 ($69.1 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.
Regional Management Corp Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2015 was 22.542 (Sep. 2014 ) + 15.951 (Dec. 2014 ) + 9.712 (Mar. 2015 ) + 12.102 (Jun. 2015 ) = $60.3 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Regional Management Corp Annual Data
Regional Management Corp Quarterly Data