Coastal Carolina Bancshares (Coastal Carolina Bancshares) Credit Losses Provision : $0.14 Mil (As of Mar. 2024)

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

What is Coastal Carolina Bancshares Credit Losses Provision?

Coastal Carolina Bancshares's credit losses provision for the three months ended in Mar. 2024 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was $0.14 Mil.

Coastal Carolina Bancshares's quarterly credit losses provision declined from Sep. 2023 ($0.10 Mil) to Dec. 2023 ($0.05 Mil) and declined from Dec. 2023 ($0.05 Mil) to Mar. 2024 ($0.00 Mil).

Coastal Carolina Bancshares's annual credit losses provision increased from Dec. 2021 ($0.73 Mil) to Dec. 2022 ($1.59 Mil) but then declined from Dec. 2022 ($1.59 Mil) to Dec. 2023 ($0.44 Mil).

Coastal Carolina Bancshares Credit Losses Provision Historical Data

The historical data trend for Coastal Carolina Bancshares's Credit Losses Provision 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.

Coastal Carolina Bancshares Credit Losses Provision Chart

Coastal Carolina Bancshares Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

Get a 7-Day Free Trial

0.71

1.69

0.73

1.59

0.44

Coastal Carolina Bancshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															0.51	-	0.10	0.05	-

Coastal Carolina Bancshares Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.14 Mil.

Coastal Carolina Bancshares (Coastal Carolina Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Coastal Carolina Bancshares Inc (OTCPK:CCNB) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

1012 38th Avenue North, Suite 100, Myrtle Beach, SC, USA, 29577

Website

https://www.myccnb.com

Coastal Carolina Bancshares Inc is a banking service provider in domestic markets, principally in Horry County, Richland County, Aiken County, and Greenville County, South Carolina. The services offered by the firm are business banking, personal banking, and mortgages. The firm offerings consist of personal and business checking accounts, personal and commercial loans, online and mobile banking services, mobile deposits, and E-statements.

Coastal Carolina Bancshares (Coastal Carolina Bancshares) Headlines

From GuruFocus

Coastal Carolina Bancshares, Inc. Announces 10% Stock Dividend

By ACCESSWIRE AccessWire • 04-12-2019