Millennium Bankshares (Millennium Bankshares) Allowance For Loans And Lease Losses : $-4.12 Mil (As of Sep. 2008)

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What is Millennium Bankshares Allowance For Loans And Lease Losses?

Millennium Bankshares's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2008 was $-4.12 Mil.

Millennium Bankshares's quarterly Allowance For Loans And Lease Losses declined from Mar. 2008 ($-3.89 Mil) to Jun. 2008 ($-4.16 Mil) but then increased from Jun. 2008 ($-4.16 Mil) to Sep. 2008 ($-4.12 Mil).

Millennium Bankshares's annual Allowance For Loans And Lease Losses declined from Dec. 2005 ($-3.22 Mil) to Dec. 2006 ($-3.44 Mil) and declined from Dec. 2006 ($-3.44 Mil) to Dec. 2007 ($-3.85 Mil).

Millennium Bankshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for Millennium Bankshares'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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Millennium Bankshares Allowance For Loans And Lease Losses Chart

Millennium Bankshares Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Allowance For Loans And Lease Losses

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-3.06

-2.93

-3.22

-3.44

-3.85

Millennium Bankshares Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-3.91	-3.85	-3.89	-4.16	-4.12

Millennium Bankshares 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.

Millennium Bankshares Allowance For Loans And Lease Losses Related Terms

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Millennium Bankshares (Millennium Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Millennium Bankshares Corp (OTCPK:MBVA) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

1601 Washington Plaza, Reston, VA, USA, 20190

Website

https://www.millenniumbank.com

Millennium Bankshares Corp is a bank holding company. The Company through its bank holding provides commercial, retail and consumer banking services to meet the needs of businesses and consumers in the communities it serves.

Executives

Williams Frank E Jr

other: 9% Ownership

2789-B HARTLAND ROAD, FALLS CHURCH VA 22043

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