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U.S. Bancorp (NYSE:USB)
Credit Losses Provision
$1,205 Mil (TTM As of Jun. 2014)

U.S. Bancorp's credit losses provision for the three months ended in Jun. 2014 was $324 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2014 was $1,205 Mil.

U.S. Bancorp's quarterly credit losses provision increased from Dec. 2013 ($277 Mil) to Mar. 2014 ($306 Mil) and increased from Mar. 2014 ($306 Mil) to Jun. 2014 ($324 Mil).

U.S. Bancorp's annual credit losses provision declined from Dec. 2011 ($2,343 Mil) to Dec. 2012 ($1,882 Mil) and declined from Dec. 2012 ($1,882 Mil) to Dec. 2013 ($1,340 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.

U.S. Bancorp Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2014 was 298 (Sep. 2013 ) + 277 (Dec. 2013 ) + 306 (Mar. 2014 ) + 324 (Jun. 2014 ) = $1,205 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.

U.S. Bancorp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
IS_CreditLossesProvision 6706665447923,0965,5574,3562,3431,8821,340

U.S. Bancorp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
IS_CreditLossesProvision 470488443403362298277306324311
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