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US Bancorp (NYSE:USB)
Credit Losses Provision
$1,198 Mil (TTM As of Mar. 2016)

US Bancorp's credit losses provision for the three months ended in Mar. 2016 was $330 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2016 was $1,198 Mil.

US Bancorp's quarterly credit losses provision increased from Sep. 2015 ($282 Mil) to Dec. 2015 ($305 Mil) and increased from Dec. 2015 ($305 Mil) to Mar. 2016 ($330 Mil).

US Bancorp's annual credit losses provision declined from Dec. 2013 ($1,340 Mil) to Dec. 2014 ($1,229 Mil) and declined from Dec. 2014 ($1,229 Mil) to Dec. 2015 ($1,132 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.

US Bancorp Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2016 was 281 (Jun. 2015 ) + 282 (Sep. 2015 ) + 305 (Dec. 2015 ) + 330 (Mar. 2016 ) = $1,198 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.

US Bancorp Annual Data

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

US Bancorp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
IS_CreditLossesProvision 306324311288264281282305330327
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