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U.S. Bancorp (NYSE:USB)
Credit Losses Provision
$1,115 Mil (TTM As of Sep. 2015)

U.S. Bancorp's credit losses provision for the three months ended in Sep. 2015 was $282 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2015 was $1,115 Mil.

U.S. Bancorp's quarterly credit losses provision increased from Mar. 2015 ($264 Mil) to Jun. 2015 ($281 Mil) and increased from Jun. 2015 ($281 Mil) to Sep. 2015 ($282 Mil).

U.S. 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).


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 Sep. 2015 was 288 (Dec. 2014 ) + 264 (Mar. 2015 ) + 281 (Jun. 2015 ) + 282 (Sep. 2015 ) = $1,115 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
IS_CreditLossesProvision 5447923,0965,5574,3562,3431,8821,3401,2291,132

U.S. Bancorp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
IS_CreditLossesProvision 298277306324311288264281282305
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