Republic First Bancorp (STU:RFB) Credit Losses Provision : €4.1 Mil (As of Sep. 2022)

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What is Republic First Bancorp Credit Losses Provision?

Republic First Bancorp's credit losses provision for the three months ended in Sep. 2022 was €4.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2022 was €4.1 Mil.

Republic First Bancorp's quarterly credit losses provision declined from Mar. 2022 (€0.6 Mil) to Jun. 2022 (€-0.4 Mil) but then increased from Jun. 2022 (€-0.4 Mil) to Sep. 2022 (€4.0 Mil).

Republic First Bancorp's annual credit losses provision increased from Dec. 2019 (€1.7 Mil) to Dec. 2020 (€3.5 Mil) and increased from Dec. 2020 (€3.5 Mil) to Dec. 2021 (€5.1 Mil).

Republic First Bancorp Credit Losses Provision Historical Data

The historical data trend for Republic First Bancorp'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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Republic First Bancorp Credit Losses Provision Chart

Republic First Bancorp Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Credit Losses Provision

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0.76

2.02

1.72

3.45

5.09

Republic First Bancorp Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23
Credit Losses Provision	Get a 7-Day Free Trial															1.64	0.56	-0.36	4.04	0.41

Republic First Bancorp 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €4.1 Mil.

Republic First Bancorp (STU:RFB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Republic First Bancorp Inc (STU:RFB) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

FRBK:USA

Address

50 South 16th Street, Philadelphia, PA, USA, 19102

Website

https://www.myrepublicbank.com

Republic First Bancorp Inc is an American state-chartered bank. It is principally a holding company for Republic First Bank. The bank offers a range of credit and depository banking products and services, such as consumer and commercial deposit accounts, interest-bearing demand accounts, savings accounts, secured and unsecured commercial loans, real estate loans, automobile loans, mortgages, and other products. It operates in the reportable segment of Community banking.

Republic First Bancorp (STU:RFB) Headlines

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