Folsom Lake Bank Ca (Folsom Lake Bank Ca) Credit Losses Provision : $0.15 Mil (As of Sep. 2007)

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What is Folsom Lake Bank Ca Credit Losses Provision?

Folsom Lake Bank Ca's credit losses provision for the three months ended in Sep. 2007 was $0.11 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2007 was $0.15 Mil.

Folsom Lake Bank Ca's quarterly credit losses provision increased from . 20 ($0.00 Mil) to Jun. 2007 ($0.04 Mil) and increased from Jun. 2007 ($0.04 Mil) to Sep. 2007 ($0.11 Mil).

Folsom Lake Bank Ca Credit Losses Provision Historical Data

The historical data trend for Folsom Lake Bank Ca'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.

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Folsom Lake Bank Ca Credit Losses Provision Chart

Folsom Lake Bank Ca Annual Data

Trend

Credit Losses Provision

Folsom Lake Bank Ca Quarterly Data
	Jun07	Sep07
Credit Losses Provision	0.04	0.11

Folsom Lake Bank Ca 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 Sep. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.15 Mil.

Folsom Lake Bank Ca (Folsom Lake Bank Ca) Business Description

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http://www.folsomlakebank.com

Folsom Lake Bank opened its doors for the first time on April 3, 2007. Folsom Lake Bank is a full service commercial bank offering a complete range of services to consumers and businesses. The bank focuses on small business clients, professionals and individuals in the communities surrounding Folsom Lake. The bank has a full service ATM located in the courtyard along with a merchant depository for after hours deposits. Folsom Lake Bank also offers online banking and bill pay completely free of charge. Because the bank is new, it utilizes the most current products and the latest technology.

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