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U.S. Bancorp's credit losses provision for the three months ended in Jun. 2015 was $281 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2015 was $1,144 Mil.
U.S. Bancorp's quarterly credit losses provision declined from Dec. 2014 ($288 Mil) to Mar. 2015 ($264 Mil) but then increased from Mar. 2015 ($264 Mil) to Jun. 2015 ($281 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).
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. 2015 was 311 (Sep. 2014 ) + 288 (Dec. 2014 ) + 264 (Mar. 2015 ) + 281 (Jun. 2015 ) = $1,144 Mil.
U.S. Bancorp Annual Data
U.S. Bancorp Quarterly Data