CNB (CNBW) Credit Losses Provision : $9.86 Mil (As of Mar. 2012)

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What is CNB Credit Losses Provision?

CNB's credit losses provision for the three months ended in Mar. 2012 was $2.08 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2012 was $9.86 Mil.

CNB's quarterly credit losses provision increased from Sep. 2011 ($2.30 Mil) to Dec. 2011 ($2.42 Mil) but then declined from Dec. 2011 ($2.42 Mil) to Mar. 2012 ($2.08 Mil).

CNB's annual credit losses provision increased from Dec. 2009 ($8.75 Mil) to Dec. 2010 ($13.40 Mil) but then declined from Dec. 2010 ($13.40 Mil) to Dec. 2011 ($9.89 Mil).

CNB Credit Losses Provision Historical Data

The historical data trend for CNB'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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CNB Credit Losses Provision Chart

CNB Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Credit Losses Provision

1.15

2.53

8.75

13.40

9.89

CNB Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
Credit Losses Provision	Get a 7-Day Free Trial													2.11	3.07	2.30	2.42	2.08

CNB 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.86 Mil.

CNB (CNBW) Business Description

Industry

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Traded in Other Exchanges

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Address

1400 Third Avenue, P.O. Box 320, Conway, SC, USA, 29526

Website

http://www.conwaynationalbank.com

CNB Corp is an independent community bank engaged in the general commercial banking business. Some of the major services provided include checking accounts, money market deposit accounts, IRA accounts, Health Savings Accounts, savings and time deposits of various types and loans to individuals for personal use, home mortgages, home improvement, automobiles, real estate, agricultural purposes and business needs. The majority of the Bank's customers are individuals and small to medium-sized businesses.

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