Chino Commercial Bancorp (Chino Commercial Bancorp) Credit Losses Provision : $0.12 Mil (As of Dec. 2012)

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What is Chino Commercial Bancorp Credit Losses Provision?

Chino Commercial Bancorp's credit losses provision for the three months ended in Dec. 2012 was $0.12 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2012 was $0.12 Mil.

Chino Commercial Bancorp's quarterly credit losses provision declined from Jun. 2012 ($0.00 Mil) to Sep. 2012 ($0.00 Mil) but then increased from Sep. 2012 ($0.00 Mil) to Dec. 2012 ($0.12 Mil).

Chino Commercial Bancorp's annual credit losses provision declined from Dec. 2010 ($0.77 Mil) to Dec. 2011 ($0.28 Mil) and declined from Dec. 2011 ($0.28 Mil) to Dec. 2012 ($0.12 Mil).

Chino Commercial Bancorp Credit Losses Provision Historical Data

The historical data trend for Chino Commercial 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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Chino Commercial Bancorp Credit Losses Provision Chart

Chino Commercial Bancorp Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Credit Losses Provision

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0.47

0.78

0.77

0.28

0.12

Chino Commercial Bancorp Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	0.12	-

Chino Commercial 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 Dec. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.12 Mil.

Chino Commercial Bancorp (Chino Commercial Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chino Commercial Bancorp (OTCPK:CCBC) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

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Address

14245 Pipeline Avenue, Chino, CA, USA, 91710

Website

https://www.chinocommercialbank.com

Chino Commercial Bancorp is a community-oriented bank, the bank offers a wide array of personal, consumer and commercial services. The operating segments are One-to-Four Residential, Residential Income, Construction, Commercial Real Estate, Commercial and Industrial and Other. It provides a broad range of deposit instruments and general banking services, including checking, savings, and money market accounts; certificate of deposit for both business and personal accounts; telebanking (banking by phone); and courier services. The bank also provides a wide variety of lending products for both businesses and consumers.

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