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NB Bancorp (NB Bancorp) Allowance For Loans And Lease Losses : $-34.3 Mil (As of Mar. 2024)


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What is NB Bancorp Allowance For Loans And Lease Losses?

NB Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-34.3 Mil.

NB Bancorp's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($-31.9 Mil) to Dec. 2023 ($-32.2 Mil) and declined from Dec. 2023 ($-32.2 Mil) to Mar. 2024 ($-34.3 Mil).

NB Bancorp's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-18.4 Mil) to Dec. 2022 ($-25.0 Mil) and declined from Dec. 2022 ($-25.0 Mil) to Dec. 2023 ($-32.2 Mil).


NB Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for NB 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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NB Bancorp Allowance For Loans And Lease Losses Chart

NB Bancorp Annual Data
Trend Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
-18.42 -25.03 -32.22

NB Bancorp Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.93 -31.47 -31.89 -32.22 -34.31

NB 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.


NB Bancorp Allowance For Loans And Lease Losses Related Terms

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NB Bancorp (NB Bancorp) Business Description

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Address
1063 Great Plain Avenue, Needham, MA, USA, 02492
NB Bancorp Inc operates as the holding company of Needham Bank. Its business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate and multifamily loans, one- to four-family residential real estate loans, construction and land development loans, commercial and industrial loans, and consumer loans.

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