SFSB (SFBI) Credit Losses Provision : $0.20 Mil (As of Mar. 2009)

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What is SFSB Credit Losses Provision?

SFSB's credit losses provision for the three months ended in Mar. 2009 was $0.05 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2009 was $0.20 Mil.

SFSB's quarterly credit losses provision declined from Sep. 2008 ($0.06 Mil) to Dec. 2008 ($0.05 Mil) but then increased from Dec. 2008 ($0.05 Mil) to Mar. 2009 ($0.05 Mil).

SFSB's annual credit losses provision declined from Dec. 2006 ($0.38 Mil) to Dec. 2007 ($0.24 Mil) and declined from Dec. 2007 ($0.24 Mil) to Dec. 2008 ($0.18 Mil).

SFSB Credit Losses Provision Historical Data

The historical data trend for SFSB'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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SFSB Credit Losses Provision Chart

SFSB Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Credit Losses Provision

0.05

0.06

0.38

0.24

0.18

SFSB Quarterly Data
	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09
Credit Losses Provision	Get a 7-Day Free Trial												0.04	0.04	0.06	0.05	0.05

SFSB 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 Mar. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.20 Mil.

SFSB (SFBI) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

1614 Churchville Road, Bel Air, MD, USA, 21015

Website

http://www.slavie.com

SFSB Inc is a holding company engaged in the business of attracting deposits and investing those funds, together with funds generated from operations and borrowings in residential real estate & commercial mortgage loans.

SFSB (SFBI) Headlines

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