Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Allowance For Loans And Lease Losses : $-97.5 Mil (As of Mar. 2024)

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What is Farmers & Merchants Bank of Long Beach Allowance For Loans And Lease Losses?

Farmers & Merchants Bank of Long Beach's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-97.5 Mil.

Farmers & Merchants Bank of Long Beach's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($-96.8 Mil) to Dec. 2023 ($-97.9 Mil) but then increased from Dec. 2023 ($-97.9 Mil) to Mar. 2024 ($-97.5 Mil).

Farmers & Merchants Bank of Long Beach's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-72.9 Mil) to Dec. 2022 ($-76.5 Mil) and declined from Dec. 2022 ($-76.5 Mil) to Dec. 2023 ($-97.9 Mil).

Farmers & Merchants Bank of Long Beach Allowance For Loans And Lease Losses Historical Data

The historical data trend for Farmers & Merchants Bank of Long Beach'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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Farmers & Merchants Bank of Long Beach Allowance For Loans And Lease Losses Chart

Farmers & Merchants Bank of Long Beach Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-62.49

-72.27

-72.88

-76.50

-97.90

Farmers & Merchants Bank of Long Beach Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-99.05	-98.86	-96.81	-97.90	-97.50

Farmers & Merchants Bank of Long Beach 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.

Farmers & Merchants Bank of Long Beach Allowance For Loans And Lease Losses Related Terms

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Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Farmers & Merchants Bank of Long Beach (OTCPK:FMBL) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

302 Pine Avenue, Long Beach, CA, USA, 90802

Website

https://www.fmb.com

Farmers & Merchants Bank of Long Beach provides business banking products and services. It offers banking products and services, including accepting demand, money market, savings, and time deposits; originating loans, including commercial real estate loans, construction loans, and commercial business loans; and providing other business-oriented banking products and services. The Bank also provides financing for residential loans, including single-family and multifamily loans.

Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Headlines

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