Hingham Institution forvings (Hingham Institution forvings) Allowance For Loans And Lease Losses : $-26.14 Mil (As of Jun. 2023)

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What is Hingham Institution forvings Allowance For Loans And Lease Losses?

Hingham Institution forvings's Allowance For Loans And Lease Losses for the quarter that ended in Jun. 2023 was $-26.14 Mil.

Hingham Institution forvings's quarterly Allowance For Loans And Lease Losses declined from Sep. 2022 ($-24.39 Mil) to Dec. 2022 ($-24.99 Mil) and declined from Dec. 2022 ($-24.99 Mil) to Jun. 2023 ($-26.14 Mil).

Hingham Institution forvings's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-20.43 Mil) to Dec. 2022 ($-24.99 Mil) and declined from Dec. 2022 ($-24.99 Mil) to Dec. 2023 ($-26.65 Mil).

Hingham Institution forvings Allowance For Loans And Lease Losses Historical Data

The historical data trend for Hingham Institution forvings'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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Hingham Institution forvings Allowance For Loans And Lease Losses Chart

Hingham Institution forvings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-15.38

-17.40

-20.43

-24.99

-26.65

Hingham Institution forvings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-24.09	-24.39	-24.99	-26.14	-26.65

Hingham Institution forvings 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.

Hingham Institution forvings Allowance For Loans And Lease Losses Related Terms

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Hingham Institution forvings (Hingham Institution forvings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hingham Institution for Savings (NAS:HIFS) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

HS3:Germany

Address

55 Main Street, Hingham, MA, USA, 02043

Website

https://www.hinghamsavings.com

Hingham Institution for Savings is a savings bank based in Hingham, Massachusetts and is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services. The bank's financial services include personal checking accounts, personal mortgages, home equity lines of credit, money market accounts, savings accounts, certificates of deposit and business checking accounts. Its lending portfolio mainly encompasses commercial real estate, residential owner occupied real estate and loans for construction of residential real estate.