GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eagle Bancorp Montana Inc (NAS:EBMT) » Definitions » Credit Losses Provision

Eagle Bancorp Montana (Eagle Bancorp Montana) Credit Losses Provision : $1.04 Mil (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Eagle Bancorp Montana Credit Losses Provision?

Eagle Bancorp Montana's credit losses provision for the three months ended in Dec. 2023 was $0.27 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was $1.04 Mil.

Eagle Bancorp Montana's quarterly credit losses provision increased from Jun. 2023 ($0.32 Mil) to Sep. 2023 ($0.59 Mil) but then declined from Sep. 2023 ($0.59 Mil) to Dec. 2023 ($0.27 Mil).

Eagle Bancorp Montana's annual credit losses provision increased from Dec. 2021 ($0.86 Mil) to Dec. 2022 ($2.00 Mil) but then declined from Dec. 2022 ($2.00 Mil) to Dec. 2023 ($1.46 Mil).


Eagle Bancorp Montana Credit Losses Provision Historical Data

The historical data trend for Eagle Bancorp Montana'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.

Eagle Bancorp Montana Credit Losses Provision Chart

Eagle Bancorp Montana Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 3.13 0.86 2.00 1.46

Eagle Bancorp Montana Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.32 0.59 0.27 -0.14

Eagle Bancorp Montana 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.04 Mil.

* 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.


Eagle Bancorp Montana (Eagle Bancorp Montana) Business Description

Traded in Other Exchanges
Address
1400 Prospect Avenue, P.O. Box 4999, Helena, MT, USA, 59601
Eagle Bancorp Montana Inc operates as a bank holding company. It provides loan and deposit services. The company focuses on residential loans, commercial real estate loans, commercial loans, consumer loans, and home equity loan products. The bank also offers deposit accounts which include checking, savings, money market, individual retirement accounts, and certificates of deposit accounts.
Executives
Thomas J Mccarvel director 1400 PROSPECT AVE, HELENA MT 59601
Kenneth M Walsh director 1400 PROSPECT AVE., HELENA MT 59601
Laura Clark officer: SVP/CFO 1400 PROSPECT AVENUE, HELENA MT 59601
Peter Joseph Johnson director, officer: President & CEO 1400 PROSPECT AVE, HELENA MT 59601
Cynthia A Utterback director 1400 PROSPECT AVENUE, HELENA MT 59601
Chantelle Nash officer: SVP/Chief Risk Officer 1400 PROSPECT AVENUE, HELENA MT 59601
Mark A O'neill officer: SVP-Chief Lending Officer 1400 PROSPECT AVENUE, HELENA MT 59601
Patrick D Rensmon officer: SVP-Chief Information Officer 1400 PROSPECT AVENUE, HELENA MT 59601
Rick Hays director 1400 PROSPECT AVENUE, HELENA MT 59601
Samuel Waters director 1400 PROSPECT AVE, HELENA MT 59601
Miranda Spaulding officer: SVP - CFO 1400 PROSPECT AVENUE, HELENA MT 59601
Tanya Chemodurow director 1400 PROSPECT AVENUE, HELENA MT 59601
Alana M Binde officer: SVP-Chief Human Resource Offcr 1400 PROSPECT AVENUE, HELENA MT 59601
Jensen Corey director 1400 PROSPECT AVENUE, HELENA MT 59601
Linda M Chilton officer: SVP-Chief Retail Offcr 1400 PROSPECT AVENUE, HELENA MT 59601

Eagle Bancorp Montana (Eagle Bancorp Montana) Headlines

From GuruFocus

Allied Investment Advisors, LLC Buys 4, Sells 1 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-13-2023