WCCB (West Coast Community Bancorp) Allowance For Loans And Lease Losses : $-23.10 Mil (As of Sep. 2024)

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What is West Coast Community Bancorp Allowance For Loans And Lease Losses?

West Coast Community Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2024 was $-23.10 Mil.

West Coast Community Bancorp's quarterly Allowance For Loans And Lease Losses increased from Mar. 2024 ($-23.04 Mil) to Jun. 2024 ($-23.00 Mil) but then declined from Jun. 2024 ($-23.00 Mil) to Sep. 2024 ($-23.10 Mil).

West Coast Community Bancorp's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-19.98 Mil) to Dec. 2022 ($-21.44 Mil) and declined from Dec. 2022 ($-21.44 Mil) to Dec. 2023 ($-23.94 Mil).

West Coast Community Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for West Coast Community 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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West Coast Community Bancorp Allowance For Loans And Lease Losses Chart

West Coast Community Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-10.30

-13.02

-19.98

-21.44

-23.94

West Coast Community Bancorp Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-25.11	-23.94	-23.04	-23.00	-23.10

West Coast Community 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.

West Coast Community Bancorp Allowance For Loans And Lease Losses Related Terms

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West Coast Community Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » West Coast Community Bancorp (OTCPK:WCCB) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 River Street, Santa Cruz, CA, USA, 95060

Website

https://www.wccb.com

West Coast Community Bancorp is a bank holding company. Through its banking subsidiary, it offers a full range of commercial and personal banking services to residents and businesses in Santa Cruz County and adjacent Monterey, San Luis Obispo, and Santa Clara counties. Its products and service offerings include mobile banking, credit and debit cards, treasury management, deposit products, such as checking, savings, and term certificate accounts, and lending products such as commercial, commercial real estate, construction, multifamily, municipal, asset-backed loans, etc. Its lending products also include various government guarantee programs such as Small Business Administration (SBA) and 504 programs, as well as U.S. Department of Agriculture (USDA) programs.