BKUTK (Bank Of Utica (ny)) Allowance For Loans And Lease Losses : $-1.14 Mil (As of Dec. 2024)

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What is Bank Of Utica (ny) Allowance For Loans And Lease Losses?

Bank Of Utica (ny)'s Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2024 was $-1.14 Mil.

Bank Of Utica (ny)'s quarterly Allowance For Loans And Lease Losses increased from Dec. 2022 ($-1.05 Mil) to Dec. 2023 ($-1.02 Mil) but then declined from Dec. 2023 ($-1.02 Mil) to Dec. 2024 ($-1.14 Mil).

Bank Of Utica (ny)'s annual Allowance For Loans And Lease Losses increased from Dec. 2022 ($-1.05 Mil) to Dec. 2023 ($-1.02 Mil) but then declined from Dec. 2023 ($-1.02 Mil) to Dec. 2024 ($-1.14 Mil).

Bank Of Utica (ny) Allowance For Loans And Lease Losses Historical Data

The historical data trend for Bank Of Utica (ny)'s Allowance For Loans And Lease Losses 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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Bank Of Utica (ny) Allowance For Loans And Lease Losses Chart

Bank Of Utica (ny) Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Allowance For Loans And Lease Losses

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-1.65

-1.20

-1.05

-1.02

-1.14

Bank Of Utica (ny) Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial								-1.65	-1.20	-1.05	-1.02	-1.14

Bank Of Utica (ny) Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Bank Of Utica (ny) Allowance For Loans And Lease Losses Related Terms

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Bank Of Utica (ny) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Of Utica (ny) (OTCPK:BKUTK) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

BKUT:USA

Address

222 Genesee Street, Utica, NY, USA, 13502

Website

https://www.bankofutica.com

Bank Of Utica (ny) is a full-service commercial bank. It offers a full range of businesses and offers various deposit accounts, including personal checking, business checking, savings, money market, individual retirement, and health savings accounts, as well as certificates of deposit. It also provides various loans. Business loans include business lines of credit, commercial mortgages, long-term loans, short-term loans, accounts receivable and inventory financing, and government loan programs. In addition, it also invests in securities.