GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HBT Financial Inc (NAS:HBT) » Definitions » Credit Losses Provision

HBT Financial (HBT Financial) Credit Losses Provision : $1.9 Mil (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is HBT Financial Credit Losses Provision?

HBT Financial's credit losses provision for the three months ended in Dec. 2023 was $1.1 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was $1.9 Mil.

HBT Financial's quarterly credit losses provision increased from Jun. 2023 ($-0.2 Mil) to Sep. 2023 ($0.5 Mil) and increased from Sep. 2023 ($0.5 Mil) to Dec. 2023 ($1.1 Mil).

HBT Financial's annual credit losses provision increased from Dec. 2021 ($-8.1 Mil) to Dec. 2022 ($-0.7 Mil) and increased from Dec. 2022 ($-0.7 Mil) to Dec. 2023 ($7.6 Mil).


HBT Financial Credit Losses Provision Historical Data

The historical data trend for HBT Financial'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.

HBT Financial Credit Losses Provision Chart

HBT Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial 3.40 10.53 -8.08 -0.71 7.57

HBT Financial 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 6.21 -0.23 0.48 1.11 0.53

HBT Financial 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 $1.9 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.


HBT Financial (HBT Financial) Business Description

Traded in Other Exchanges
N/A
Address
401 North Hershey Road, Bloomington, IL, USA, 61704
HBT Financial Inc provides a comprehensive suite of business, commercial, wealth management and retail banking products and services to individuals, businesses, and municipal entities throughout Central and Northeastern Illinois and Eastern Iowa. It operates through one reportable segment: community banking.
Executives
Patrick F Busch director, officer: EVP & Chief Lending Officer 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Roger A Baker director 401 NORTH HERSHEY ROAD, BLOOMINGTON IL 61704
Eric E Burwell director 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Linda J. Koch director 401 NORTH HERSHEY ROAD, BLOOMINGTON IL 61704
Peter Robert Chapman officer: EXECUTIVE VICE PRESIDENT C/O GREAT WESTERN BANCORP, INC., 100 NORTH PHILLIPS AVE., SIOUX FALLS SD 57104
Fred L Drake director, 10 percent owner, officer: Chief Executive Officer 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Diane H Lanier officer: EVP and Chief Retail Officer 401 N. HERSEY ROAD, BLOOMINGTON IL 61702
Gerald E Pfeiffer director 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
James Lance Carter director, officer: See Remarks 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Andrea E Zurkamer officer: SVP & Chief Risk Officer 401 N. HERSEY ROAD, BLOOMINGTON IL 61702
C. Alvin Bowman director 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Dale S Strassheim director 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Matthew J Doherty officer: EVP & Chief Financial Officer 401 N. HERSEY ROAD, BLOOMINGTON IL 61702
Lawrence J Horvath officer: See Remarks 401 N. HERSEY ROAD, BLOOMINGTON IL 61702
Larry J Kallembach officer: See Remarks 401 N. HERSEY ROAD, BLOOMINGTON IL 61702