Benchmark Bankshares (Benchmark Bankshares) Allowance For Loans And Lease Losses : $-6.96 Mil (As of Sep. 2023)

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What is Benchmark Bankshares Allowance For Loans And Lease Losses?

Benchmark Bankshares's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2023 was $-6.96 Mil.

Benchmark Bankshares's quarterly Allowance For Loans And Lease Losses increased from Mar. 2023 ($-7.02 Mil) to Jun. 2023 ($-6.98 Mil) and increased from Jun. 2023 ($-6.98 Mil) to Sep. 2023 ($-6.96 Mil).

Benchmark Bankshares's annual Allowance For Loans And Lease Losses declined from Dec. 2019 ($-5.27 Mil) to Dec. 2020 ($-5.60 Mil) and declined from Dec. 2020 ($-5.60 Mil) to Dec. 2021 ($-5.90 Mil).

Benchmark Bankshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for Benchmark Bankshares'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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Benchmark Bankshares Allowance For Loans And Lease Losses Chart

Benchmark Bankshares Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec18

Dec19

Dec20

Dec21

Allowance For Loans And Lease Losses

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-2.17

-5.21

-5.27

-5.60

-5.90

Benchmark Bankshares Quarterly Data
	Mar07	Jun07	Sep07	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-6.08	-6.40	-7.02	-6.98	-6.96

Benchmark Bankshares 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.

Benchmark Bankshares Allowance For Loans And Lease Losses Related Terms

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Benchmark Bankshares (Benchmark Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Benchmark Bankshares Inc (OTCPK:BMBN) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

204 S. Broad Street, P.O. Box 569, Kenbridge, VA, USA, 23944

Website

https://www.bcbonline.com

Benchmark Bankshares Inc is a bank holding company for Benchmark Community Bank, which offers a wide range of banking and related financial services to individuals and small to medium ranged businesses through offices located in Virginia. The bank provides personal accounts service, business accounts services, loan products, internet banking services, mobile banking services, debit cards, money management services, mortgage services, credit cards facility and other services.

Benchmark Bankshares (Benchmark Bankshares) Headlines

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