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US Bancorp's credit losses provision for the three months ended in Sep. 2016 was $325 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2016 was $1,287 Mil.
US Bancorp's quarterly credit losses provision declined from Mar. 2016 ($330 Mil) to Jun. 2016 ($327 Mil) and declined from Jun. 2016 ($327 Mil) to Sep. 2016 ($325 Mil).
US Bancorp's annual credit losses provision declined from Dec. 2012 ($1,882 Mil) to Dec. 2013 ($1,340 Mil) and declined from Dec. 2013 ($1,340 Mil) to Dec. 2014 ($1,229 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.
US Bancorp Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2016 was 305 (Dec. 2015 ) + 330 (Mar. 2016 ) + 327 (Jun. 2016 ) + 325 (Sep. 2016 ) = $1,287 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
US Bancorp Annual Data
US Bancorp Quarterly Data