COSO (CoastalSouth Bancshares) Allowance For Loans And Lease Losses : $-15.62 Mil (As of Sep. 2024)

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What is CoastalSouth Bancshares Allowance For Loans And Lease Losses?

CoastalSouth Bancshares's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2024 was $-15.62 Mil.

CoastalSouth Bancshares's quarterly Allowance For Loans And Lease Losses declined from Mar. 2024 ($-15.77 Mil) to Jun. 2024 ($-16.00 Mil) but then increased from Jun. 2024 ($-16.00 Mil) to Sep. 2024 ($-15.62 Mil).

CoastalSouth Bancshares's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-8.15 Mil) to Dec. 2022 ($-12.36 Mil) and declined from Dec. 2022 ($-12.36 Mil) to Dec. 2023 ($-15.47 Mil).

CoastalSouth Bancshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for CoastalSouth Bancshares'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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CoastalSouth Bancshares Allowance For Loans And Lease Losses Chart

CoastalSouth Bancshares Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-3.94

-7.04

-8.15

-12.36

-15.47

CoastalSouth Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-	-15.47	-15.77	-16.00	-15.62

CoastalSouth Bancshares 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.

CoastalSouth Bancshares Allowance For Loans And Lease Losses Related Terms

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CoastalSouth Bancshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CoastalSouth Bancshares Inc (OTCPK:COSO) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Bow Circle, Hilton Head Island, SC, USA, 29928

Website

https://www.coastalstatesbank.com

CoastalSouth Bancshares Inc is a bank holding company. It offers full-service banking services designed to meet the needs of retail and commercial customers in the markets in which it operates. The services offered include transaction and savings deposit accounts, commercial and consumer lending, mortgage banking, and other activities related to commercial banking. It operates nearly 11 retail banking branches in three retail main retail markets, the Lowcountry of South Carolina, Savannah, Georgia, and metro Atlanta, Georgia.