SOUB (Southpoint Bancshares) Allowance For Loans And Lease Losses : $-13.36 Mil (As of Dec. 2024)

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What is Southpoint Bancshares Allowance For Loans And Lease Losses?

Southpoint Bancshares's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2024 was $-13.36 Mil.

Southpoint Bancshares's quarterly Allowance For Loans And Lease Losses declined from Dec. 2022 ($-11.59 Mil) to Dec. 2023 ($-17.22 Mil) but then increased from Dec. 2023 ($-17.22 Mil) to Dec. 2024 ($-13.36 Mil).

Southpoint Bancshares's annual Allowance For Loans And Lease Losses declined from Dec. 2022 ($-11.59 Mil) to Dec. 2023 ($-17.22 Mil) but then increased from Dec. 2023 ($-17.22 Mil) to Dec. 2024 ($-13.36 Mil).

Southpoint Bancshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for Southpoint Bancshares'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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Southpoint Bancshares Allowance For Loans And Lease Losses Chart

Southpoint Bancshares Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Allowance For Loans And Lease Losses

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-5.73

-9.81

-11.59

-17.22

-13.36

Southpoint Bancshares Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial			-5.73	-9.81	-11.59	-17.22	-13.36

Southpoint Bancshares 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.

Southpoint Bancshares Allowance For Loans And Lease Losses Related Terms

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Southpoint Bancshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southpoint Bancshares Inc (OTCPK:SOUB) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

3501 Grandview Parkway, Birmingham, AL, USA, 35243

Website

https://www.southpoint.bank

Southpoint Bancshares Inc operates in the domestic commercial banking industry. The Bank provides full-service banking to customers located in central Alabama. The Bank operates from its ten branch locations in central Alabama, and five loan production offices located throughout the State of Alabama. SPB Properties, LLC holds certain assets of the Bank and is a wholly owned subsidiary of the Bank.

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