GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chain Bridge Bancorp Inc (NYSE:CBNA) » Definitions » Credit Losses Provision

CBNA (Chain Bridge Bancorp) Credit Losses Provision : $0.15 Mil (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is Chain Bridge Bancorp Credit Losses Provision?

Chain Bridge Bancorp's credit losses provision for the three months ended in Mar. 2025 was $-0.04 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2025 was $0.15 Mil.

Chain Bridge Bancorp's quarterly credit losses provision increased from Sep. 2024 ($-0.13 Mil) to Dec. 2024 ($0.31 Mil) but then declined from Dec. 2024 ($0.31 Mil) to Mar. 2025 ($-0.04 Mil).

Chain Bridge Bancorp's annual credit losses provision declined from Dec. 2022 ($0.82 Mil) to Dec. 2023 ($-0.16 Mil) but then increased from Dec. 2023 ($-0.16 Mil) to Dec. 2024 ($0.20 Mil).


Chain Bridge Bancorp Credit Losses Provision Historical Data

The historical data trend for Chain Bridge 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.

* Premium members only.

Chain Bridge Bancorp Credit Losses Provision Chart

Chain Bridge Bancorp Annual Data
Trend Dec22 Dec23 Dec24
Credit Losses Provision
0.82 -0.16 0.20

Chain Bridge Bancorp Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 -0.13 0.31 -0.04

Chain Bridge 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.15 Mil.

* 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.


Chain Bridge Bancorp Business Description

Traded in Other Exchanges
N/A
Address
1445-A Laughlin Avenue, McLean, VA, USA, 22101
Chain Bridge Bancorp Inc is engaged in banking industry. It offers commercial and personal banking services, including deposits, treasury management, payments, loans, commercial lending, residential mortgage financing, consumer loans, trusts and estate administration, wealth management, and asset custody.