Doral Financial (Doral Financial) Credit Losses Provision : $73.63 Mil (As of Dec. 2013)

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What is Doral Financial Credit Losses Provision?

Doral Financial's credit losses provision for the three months ended in Dec. 2013 was $32.98 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2013 was $73.63 Mil.

Doral Financial's quarterly credit losses provision increased from Jun. 2013 ($5.54 Mil) to Sep. 2013 ($16.40 Mil) and increased from Sep. 2013 ($16.40 Mil) to Dec. 2013 ($32.98 Mil).

Doral Financial's annual credit losses provision increased from Dec. 2011 ($67.53 Mil) to Dec. 2012 ($176.10 Mil) but then declined from Dec. 2012 ($176.10 Mil) to Dec. 2013 ($73.63 Mil).

Doral Financial Credit Losses Provision Historical Data

The historical data trend for Doral Financial'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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Doral Financial Credit Losses Provision Chart

Doral Financial Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Credit Losses Provision

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53.66

98.98

67.53

176.10

73.63

Doral Financial Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Credit Losses Provision	Get a 7-Day Free Trial															21.30	18.72	5.54	16.40	32.98

Doral Financial 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $73.63 Mil.

Doral Financial (Doral Financial) Business Description

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Address

1451 Franklin D. Roosevelt Avenue, San Juan, PRI, 00920-2717

Website

http://www.doralfinancial.com

Puerto Rico-based Doral Financial is in the process of transforming itself into a traditional community bank. It operates 41 branches in Puerto Rico, plus one in New York, and offers a variety of retail and commercial banking services. Residential real estate loans make up about 70% of Doral's loan portfolio, and commercial loans account for another 20%. Nearly all of the bank's loans are secured by real estate.

Doral Financial (Doral Financial) Headlines

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