Ledyard Financial Group (Ledyard Financial Group) Allowance For Loans And Lease Losses : $-3.32 Mil (As of Mar. 2024)

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What is Ledyard Financial Group Allowance For Loans And Lease Losses?

Ledyard Financial Group's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-3.32 Mil.

Ledyard Financial Group's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($-2.73 Mil) to Dec. 2023 ($-2.78 Mil) and declined from Dec. 2023 ($-2.78 Mil) to Mar. 2024 ($-3.32 Mil).

Ledyard Financial Group's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-7.47 Mil) to Dec. 2022 ($-3.84 Mil) and increased from Dec. 2022 ($-3.84 Mil) to Dec. 2023 ($-2.78 Mil).

Ledyard Financial Group Allowance For Loans And Lease Losses Historical Data

The historical data trend for Ledyard Financial Group'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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Ledyard Financial Group Allowance For Loans And Lease Losses Chart

Ledyard Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-5.21

-7.96

-7.47

-3.84

-2.78

Ledyard Financial Group Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-	-3.11	-2.73	-2.78	-3.32

Ledyard Financial Group 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.

Ledyard Financial Group Allowance For Loans And Lease Losses Related Terms

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Ledyard Financial Group (Ledyard Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ledyard Financial Group Inc (OTCPK:LFGP) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Maple Street, Hanover, NH, USA, 03755

Website

https://www.ledyardbank.com

Ledyard Financial Group Inc is a bank holding company. The company, through its subsidiary, operates in two segments: banking and wealth advisory services. The Banking segment consists of lending to commercial and consumer customers, as well as deposit-gathering activities. The Wealth advisory services include financial planning services, investment management services, personal tax services, trustee services, and estate planning. All of its revenues come from the Banking segment.

Ledyard Financial Group (Ledyard Financial Group) Headlines

From GuruFocus

Ledyard Financial Group Inc at Virtual Investor Conferences Transcript

By GuruFocus Research • 02-14-2024