Oconee Financial (Oconee Financial) Allowance For Loans And Lease Losses : $-4.69 Mil (As of Mar. 2024)

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What is Oconee Financial Allowance For Loans And Lease Losses?

Oconee Financial's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-4.69 Mil.

Oconee Financial's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($-4.48 Mil) to Dec. 2023 ($-4.60 Mil) and declined from Dec. 2023 ($-4.60 Mil) to Mar. 2024 ($-4.69 Mil).

Oconee Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-4.54 Mil) to Dec. 2022 ($-4.55 Mil) and declined from Dec. 2022 ($-4.55 Mil) to Dec. 2023 ($-4.60 Mil).

Oconee Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for Oconee Financial'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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Oconee Financial Allowance For Loans And Lease Losses Chart

Oconee Financial Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-2.82

-4.06

-4.54

-4.55

-4.60

Oconee Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-4.33	-4.29	-4.48	-4.60	-4.69

Oconee Financial 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.

Oconee Financial Allowance For Loans And Lease Losses Related Terms

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Oconee Financial (Oconee Financial) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

41 N. Main Street, Watkinsville, GA, USA, 30677

Website

https://www.oconeestatebank.com

Oconee Financial Corp is a United States-based commercial bank. The bank offers personal and business products and services including checking, savings, CDs, loans, mortgages, credit cards, safe deposit boxes, mobile deposits, business loans, and treasury services.

Executives

G Robert Bishop	director	1741 EXPERIMENT STATION ROAD, WATKINSVILLE GA 30677
B Amrey Harden	director, officer: President and CEO	35 NORTH MAIN STREET, P.O. BOX 205, WATKINSVILLE GA 30677
Hale J Albert Sr	director	P.O.BOX 205, WATKINSVILLE GA 30677
Steven Anthony Rogers	officer: Chief Financial Officer	35 NORTH MAIN STREET, PO BOX 205, WATKINSVILLE GA 30677
Virginia S Wells	director, 10 percent owner	OCONEE FINANCIAL CORP, 35 N MAIN ST, WATKINSVILLE GA 30677
Ann B. Powers	director	1051 ROSE CREEK DRIVE, WATKINSVILLE GA 30087
Douglas D Dickens	director	1071 RAYS CHURCH RD, BISHOP GA 30621
Henry C Maxey	director	1181 MAXEY ROAD, BISHOP GA 30621
Jimmy L Christopher	director	P.O. BOX 405, WATKINSVILLE GA 30677
Tom F Wilson	officer: Executive Vice President	OCONEE FINANCIAL CORP, 35 N MAIN ST, WATKINSVILLE GA 30677