Mountain Commerce Bancorp (Mountain Commerce Bancorp) Allowance For Loans And Lease Losses : $-12.55 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Mountain Commerce Bancorp Allowance For Loans And Lease Losses?

Mountain Commerce Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-12.55 Mil.

Mountain Commerce Bancorp's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 ($-11.97 Mil) to Dec. 2023 ($-13.03 Mil) but then increased from Dec. 2023 ($-13.03 Mil) to Mar. 2024 ($-12.55 Mil).

Mountain Commerce Bancorp's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-10.52 Mil) to Dec. 2022 ($-12.65 Mil) and declined from Dec. 2022 ($-12.65 Mil) to Dec. 2023 ($-13.03 Mil).

Mountain Commerce Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for Mountain Commerce 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.

* Premium members only.

Mountain Commerce Bancorp Allowance For Loans And Lease Losses Chart

Mountain Commerce Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

Get a 7-Day Free Trial

-5.83

-13.31

-10.52

-12.65

-13.03

Mountain Commerce Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-12.65	-12.31	-11.97	-13.03	-12.55

Mountain Commerce 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.

Mountain Commerce Bancorp Allowance For Loans And Lease Losses Related Terms

Thank you for viewing the detailed overview of Mountain Commerce Bancorp's Allowance For Loans And Lease Losses provided by GuruFocus.com. Please click on the following links to see related term pages.

Mountain Commerce Bancorp (Mountain Commerce Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

6101 Kingston Pike, P.O. Box 52942, Knoxville, TN, USA, 37919

Website

https://www.mcb.com

Mountain Commerce Bancorp Inc operates as a bank holding company. It offers personal and business banking services. The bank offers checking and savings accounts; certificates of deposit; and loans and lines of credit, such as mortgage loans, personal loans and lines of credit, commercial real estate lending, small business administration loans, equipment lending, operating lines of credit, and credit cards. Its primary lending products are one-to-four family residential, commercial real estate, commercial and industrial, and consumer lending.