Eastern Michigan Financial (Eastern Michigan Financial) Allowance For Loans And Lease Losses : $-1.91 Mil (As of Dec. 2006)

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What is Eastern Michigan Financial Allowance For Loans And Lease Losses?

Eastern Michigan Financial's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2006 was $-1.91 Mil.

Eastern Michigan Financial's quarterly Allowance For Loans And Lease Losses increased from Dec. 2004 ($-3.60 Mil) to Dec. 2005 ($-2.21 Mil) and increased from Dec. 2005 ($-2.21 Mil) to Dec. 2006 ($-1.91 Mil).

Eastern Michigan Financial's annual Allowance For Loans And Lease Losses increased from Dec. 2004 ($-3.60 Mil) to Dec. 2005 ($-2.21 Mil) and increased from Dec. 2005 ($-2.21 Mil) to Dec. 2006 ($-1.91 Mil).

Eastern Michigan Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for Eastern Michigan Financial'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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Eastern Michigan Financial Allowance For Loans And Lease Losses Chart

Eastern Michigan Financial Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Allowance For Loans And Lease Losses

-2.18

-3.34

-3.60

-2.21

-1.91

Eastern Michigan Financial Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06
Allowance For Loans And Lease Losses	-2.18	-3.34	-3.60	-2.21	-1.91

Eastern Michigan Financial 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.

Eastern Michigan Financial Allowance For Loans And Lease Losses Related Terms

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Eastern Michigan Financial (Eastern Michigan Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eastern Michigan Financial Corp (OTCPK:EFIN) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 North Howard Avenue, Croswell, MI, USA, 48422

Website

https://www.emb.bank

Eastern Michigan Financial Corp is a bank holding company. The Company through its holding provides baking products and services including personal banking, business banking and lending including diversified loans. Personal banking includes debit and credit cards, mobile banking and deposit services where Business banking includes cash management and other business-related services. The portfolio segments include commercial and industrial, agricultural, real estate related industries, other commercial loans, residential real estate, consumer and other, and home equity.

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