UBMI has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
United Bancorp MI's credit losses provision for the three months ended in Mar. 2014 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2014 was $0.90 Mil.
United Bancorp MI's quarterly credit losses provision declined from Sep. 2013 ($0.30 Mil) to Dec. 2013 ($0.00 Mil) but then stayed the same from Dec. 2013 ($0.00 Mil) to Mar. 2014 ($0.00 Mil).
United Bancorp MI's annual credit losses provision declined from Dec. 2011 ($12.15 Mil) to Dec. 2012 ($8.35 Mil) and declined from Dec. 2012 ($8.35 Mil) to Dec. 2013 ($1.90 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.
United Bancorp MI Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2014 was 0.6 (Jun. 2013 ) + 0.3 (Sep. 2013 ) + 0 (Dec. 2013 ) + 0 (Mar. 2014 ) = $0.90 Mil.
United Bancorp MI Annual Data
United Bancorp MI Quarterly Data
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.