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GuruFocus has detected 2 Warning Signs with University Bancorp Inc $UNIB.
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University Bancorp Inc (OTCPK:UNIB)
Credit Losses Provision
$-0.27 Mil (TTM As of Dec. 2016)

University Bancorp Inc's credit losses provision for the three months ended in Dec. 2016 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2016 was $-0.27 Mil.

University Bancorp Inc's annual credit losses provision declined from Dec. 2014 ($-0.31 Mil) to Dec. 2015 ($-0.31 Mil) but then increased from Dec. 2015 ($-0.31 Mil) to Dec. 2016 ($0.01 Mil).


Definition

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.

University Bancorp Inc Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2016 was -0.269 (Dec. 2013 ) + 0 (Dec. 2014 ) + 0 (Dec. 2015 ) + 0 (Dec. 2016 ) = $-0.27 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

University Bancorp Inc Annual Data

Dec02Dec03Dec04Dec05Dec06Dec07Dec13Dec14Dec15Dec16
IS_CreditLossesProvision 0.100.19-0.090.020.150.260.10-0.31-0.310.01

University Bancorp Inc Quarterly Data

Jun07Sep07Dec07Mar08Jun08Sep08Dec13Dec14Dec15Dec16
IS_CreditLossesProvision 0.050.020.17-0.020.310.08-0.270.000.000.00
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