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University Bancorp Inc (OTCPK:UNIB)
Credit Losses Provision
$0.37 Mil (TTM As of Sep. 2008)

University Bancorp Inc's credit losses provision for the three months ended in Sep. 2008 was $0.08 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2008 was $0.37 Mil.

University Bancorp Inc's quarterly credit losses provision increased from Mar. 2008 ($-0.02 Mil) to Jun. 2008 ($0.31 Mil) but then declined from Jun. 2008 ($0.31 Mil) to Sep. 2008 ($0.08 Mil).

University Bancorp Inc's annual credit losses provision increased from Dec. 2005 ($0.02 Mil) to Dec. 2006 ($0.15 Mil) but then declined from Dec. 2006 ($0.15 Mil) to Dec. 2007 ($0.00 Mil).


Definition

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.

University Bancorp Inc Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2008 was 0 (Dec. 2007 ) + -0.016 (Mar. 2008 ) + 0.305 (Jun. 2008 ) + 0.08 (Sep. 2008 ) = $0.37 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

University Bancorp Inc Annual Data

Dec98Dec99Dec00Dec01Dec02Dec03Dec04Dec05Dec06Dec07
IS_CreditLossesProvision 0.100.100.110.040.100.19-0.090.020.150.00

University Bancorp Inc Quarterly Data

Jun06Sep06Dec06Mar07Jun07Sep07Dec07Mar08Jun08Sep08
IS_CreditLossesProvision 0.030.060.050.020.050.020.00-0.020.310.08
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