Skyline Bankshares (Skyline Bankshares) Allowance For Loans And Lease Losses : $-6.74 Mil (As of Dec. 2023)

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What is Skyline Bankshares Allowance For Loans And Lease Losses?

Skyline Bankshares's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-6.74 Mil.

Skyline Bankshares's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 ($-6.62 Mil) to Sep. 2023 ($-6.70 Mil) and declined from Sep. 2023 ($-6.70 Mil) to Dec. 2023 ($-6.74 Mil).

Skyline Bankshares's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-5.68 Mil) to Dec. 2022 ($-6.25 Mil) and declined from Dec. 2022 ($-6.25 Mil) to Dec. 2023 ($-6.74 Mil).

Skyline Bankshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for Skyline Bankshares'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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Skyline Bankshares Allowance For Loans And Lease Losses Chart

Skyline Bankshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-3.89

-4.90

-5.68

-6.25

-6.74

Skyline Bankshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-6.25	-6.82	-6.62	-6.70	-6.74

Skyline Bankshares 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.

Skyline Bankshares Allowance For Loans And Lease Losses Related Terms

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Skyline Bankshares (Skyline Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Skyline Bankshares Inc (OTCPK:SLBK) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Jacksonville Circle, Floyd, VA, USA, 24091

Website

https://www.skylinenationalbank.bank

Skyline Bankshares Inc is a bank holding company. The company's product and service portfolio includes regular savings, demand, NOW, money market deposits, individual retirement accounts, and small denomination certificates of deposit. It also offers a variety of secured loans, including commercial lines of credit, commercial term loans, real estate, construction, home equity, consumer, and other loans.