Elmer Bancorp (Elmer Bancorp) Allowance For Loans And Lease Losses : $-1.95 Mil (As of Dec. 2007)

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What is Elmer Bancorp Allowance For Loans And Lease Losses?

Elmer Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2007 was $-1.95 Mil.

Elmer Bancorp's quarterly Allowance For Loans And Lease Losses increased from Jun. 2007 ($-1.94 Mil) to Sep. 2007 ($-1.94 Mil) but then declined from Sep. 2007 ($-1.94 Mil) to Dec. 2007 ($-1.95 Mil).

Elmer Bancorp's annual Allowance For Loans And Lease Losses declined from Dec. 2005 ($-1.84 Mil) to Dec. 2006 ($-1.95 Mil) but then increased from Dec. 2006 ($-1.95 Mil) to Dec. 2007 ($-1.95 Mil).

Elmer Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for Elmer Bancorp's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Elmer Bancorp Allowance For Loans And Lease Losses Chart

Elmer Bancorp Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Allowance For Loans And Lease Losses

-1.49

-1.62

-1.84

-1.95

Elmer Bancorp Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial											-1.95	-1.94	-1.94	-1.94	-1.95

Elmer Bancorp Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Elmer Bancorp Allowance For Loans And Lease Losses Related Terms

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Elmer Bancorp (Elmer Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Elmer Bancorp Inc (OTCPK:ELMA) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 South Main Street, P. O. Box 980, Elmer, NJ, USA, 08318

Website

https://www.elmerbank.com

Elmer Bancorp Inc is a bank holding company incorporated in the State of New Jersey. Its First National Bank of Elmer (the Bank) operates under a national bank charter and provides a complete line of business and personal banking products. The Bank operates through its six full-service offices located in Cumberland, Gloucester and Salem counties in New Jersey. The majority of the Bank's activities are with customers located within Southern New Jersey.