Ballston SpA Bancorp (Ballston SpA Bancorp) Credit Losses Provision : $0.46 Mil (As of Sep. 2007)

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What is Ballston SpA Bancorp Credit Losses Provision?

Ballston SpA Bancorp's credit losses provision for the three months ended in Sep. 2007 was $0.09 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2007 was $0.46 Mil.

Ballston SpA Bancorp's quarterly credit losses provision stayed the same from Mar. 2007 ($0.11 Mil) to Jun. 2007 ($0.11 Mil) but then declined from Jun. 2007 ($0.11 Mil) to Sep. 2007 ($0.09 Mil).

Ballston SpA Bancorp's annual credit losses provision increased from Dec. 2004 ($0.00 Mil) to Dec. 2005 ($0.15 Mil) and increased from Dec. 2005 ($0.15 Mil) to Dec. 2006 ($0.31 Mil).

Ballston SpA Bancorp Credit Losses Provision Historical Data

The historical data trend for Ballston SpA Bancorp's Credit Losses Provision 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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Ballston SpA Bancorp Credit Losses Provision Chart

Ballston SpA Bancorp Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Credit Losses Provision

2.32

0.45

0.15

0.31

Ballston SpA Bancorp Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Credit Losses Provision	Get a 7-Day Free Trial														0.06	0.16	0.11	0.11	0.09

Ballston SpA Bancorp Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.46 Mil.

Ballston SpA Bancorp (Ballston SpA Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ballston SpA Bancorp Inc (OTCPK:BSPA) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

990 State Route 67, Ballston Spa, NY, USA, 12020

Website

https://www.bsnb.com

Ballston SpA Bancorp Inc is a bank-based financial services company. The parent company's banking subsidiary, Ballston Spa National Bank, is a community-based commercial bank and provides banking, financing, fiduciary, brokerage and other financial services to corporate, municipal, and individual customers through its thirteen branch offices.

Ballston SpA Bancorp (Ballston SpA Bancorp) Headlines

From GuruFocus

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