First Choice Bancorp (First Choice Bancorp) Allowance For Loans And Lease Losses : $-19.27 Mil (As of Mar. 2021)

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What is First Choice Bancorp Allowance For Loans And Lease Losses?

First Choice Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2021 was $-19.27 Mil.

First Choice Bancorp's quarterly Allowance For Loans And Lease Losses declined from Sep. 2020 ($-18.73 Mil) to Dec. 2020 ($-19.17 Mil) and declined from Dec. 2020 ($-19.17 Mil) to Mar. 2021 ($-19.27 Mil).

First Choice Bancorp's annual Allowance For Loans And Lease Losses declined from Dec. 2018 ($-11.06 Mil) to Dec. 2019 ($-13.52 Mil) and declined from Dec. 2019 ($-13.52 Mil) to Dec. 2020 ($-19.17 Mil).

First Choice Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for First Choice Bancorp'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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First Choice Bancorp Allowance For Loans And Lease Losses Chart

First Choice Bancorp Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Allowance For Loans And Lease Losses

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-11.60

-10.50

-11.06

-13.52

-19.17

First Choice Bancorp Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-16.22	-17.82	-18.73	-19.17	-19.27

First Choice Bancorp 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.

First Choice Bancorp Allowance For Loans And Lease Losses Related Terms

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First Choice Bancorp (First Choice Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Choice Bancorp (NAS:FCBP) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

17785 Center Court Drive N, Suite 750, Cerritos, CA, USA, 90703

Website

http://www.firstchoicebankca.com

First Choice Bancorp is an American bank holding company. It is engaged in providing loans to consumers and commercial clients which include small businesses and individuals. The company mainly offers commercial and industrial loans, residential mortgage loans and commercial real estate loans generating interest income constituting the majority of company revenues. It targets its products and services to small and medium-size business.

Executives

Leonard May	officer: EVP & Chief Credit Officer	17785 CENTER COURT DRIVE SUITE 750 CERRITOS CA 90703
Luis Maizel	director	401 B STREET STE 920 SAN DIEGO CA 92101
Robert Franko	officer: President & CEO	C/O ROYAL BUSINESS BANK, 1055 WILSHIRE BLVD, LOS ANGELES CA 90017
Peter Hui	director, other: Chairman of the Board	17785 CENTER COURT DRIVE, SUITE 750, CERRITOS CA 90703
Phillip Thong	director, other: Vice Chairman of the Board	17785 CENTER COURT DRIVE SUITE 750 CERRITOS CA 90703
Roshan Bhakta	director	17785 CENTER COURT DRIVE SUITE 750 CERRITOS CA 90703
Pravin Pranav	director	17785 CENTER COURT DRIVE SUITE 750 CERRITOS CA 90703
James H Gray	director	866 N. HOLLY GLEN DRIVE, LONG BEACH CA 90815
Thomas Iino	director	17785 CENTER COURT DRIVE SUITE 750 CERRITOS CA 90703
Khoi Dang	officer: EVP & General Counsel	17785 CENTER COURT DRIVE, SUITE 750, CERRITOS CA 90703
Fred Jensen	director	17785 CENTER COURT DRIVE SUITE 750 CERRITOS CA 90703
Mary Lynn Mckenzie-tallerico	director	17785 CENTER COURT DR N #750 CERRITOS CA 90703
Diana Hanson	officer: Interim CFO	17785 CENTER COURT DR #750, CERRITOS CA 90703
Yolanda Su	officer: EVP & Chief Operations Admin.	17785 CENTER COURT DRIVE SUITE 750 CERRITOS CA 90703
Max Freifeld	director	17785 CENTER COURT DRIVE SUITE 750 CERRITOS CA 90703