Park Sterling (Park Sterling) Allowance For Loans And Lease Losses : $-12.4 Mil (As of Sep. 2017)

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What is Park Sterling Allowance For Loans And Lease Losses?

Park Sterling's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2017 was $-12.4 Mil.

Park Sterling's quarterly Allowance For Loans And Lease Losses increased from Mar. 2017 ($-12.8 Mil) to Jun. 2017 ($-12.7 Mil) and increased from Jun. 2017 ($-12.7 Mil) to Sep. 2017 ($-12.4 Mil).

Park Sterling's annual Allowance For Loans And Lease Losses declined from Dec. 2014 ($-8.3 Mil) to Dec. 2015 ($-9.1 Mil) and declined from Dec. 2015 ($-9.1 Mil) to Dec. 2016 ($-12.1 Mil).

Park Sterling Allowance For Loans And Lease Losses Historical Data

The historical data trend for Park Sterling'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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Park Sterling Allowance For Loans And Lease Losses Chart

Park Sterling Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Allowance For Loans And Lease Losses

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-10.59

-8.83

-8.26

-9.06

-12.13

Park Sterling Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-11.61	-12.13	-12.83	-12.70	-12.42

Park Sterling 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.

Park Sterling Allowance For Loans And Lease Losses Related Terms

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

Park Sterling (Park Sterling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Park Sterling Corp (NAS:PSTB) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.parksterlingbank.com

Park Sterling Corp acts as a holding company for Park Sterling Bank. The company provides banking services to small and mid-sized businesses, owner-occupied and income-producing real estate owners, residential builders, institutions and professionals. Products of the company include personal, business and non-profit checking accounts, IOLTA (Interest on Lawyers' Trust Accounts) accounts, individual retirement accounts, business and personal money market accounts, time deposits, safe deposit boxes and online and mobile banking. In addition, it also provides lending activities include short- to medium-term commercial, real estate, construction, residential mortgage and consumer loans, as well as long-term residential mortgages. Revenue of the company mainly consists of interest income.

Executives

Donald K Truslow	officer: Chief Financial Officer	ONE M&T PLAZA, BUFFALO NY 14203
Larry W. Carroll	director	C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Jean E Davis	director
James C. Cherry	director, officer: CEO	C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Donald E Pickett	officer: Principal Accounting Officer	C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Thomas B Henson	director	THOMAS B HENSON, 2131 AYRSLEY TOWN BOULEVARD, SUITE 300, CHARLOTTE NC 28273
Walter C Ayers	director	8903 SIERRA ROAD RICHMOND VA 23229
Stephen A. Arnall	officer: Principal Accounting Officer	C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204

Park Sterling (Park Sterling) Headlines

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