Southern Calif Bancorp (FRA:KZ9) Credit Losses Provision : €0.35 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Southern Calif Bancorp Credit Losses Provision?

Southern Calif Bancorp's credit losses provision for the three months ended in Mar. 2024 was €-0.31 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €0.35 Mil.

Southern Calif Bancorp's quarterly credit losses provision increased from Sep. 2023 (€-0.09 Mil) to Dec. 2023 (€0.76 Mil) but then declined from Dec. 2023 (€0.76 Mil) to Mar. 2024 (€-0.31 Mil).

Southern Calif Bancorp's annual credit losses provision increased from Dec. 2007 (€0.00 Mil) to Dec. 2022 (€5.62 Mil) but then declined from Dec. 2022 (€5.62 Mil) to Dec. 2023 (€0.84 Mil).

Southern Calif Bancorp Credit Losses Provision Historical Data

The historical data trend for Southern Calif 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.

Southern Calif Bancorp Credit Losses Provision Chart

Southern Calif Bancorp Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec22

Dec23

Credit Losses Provision

Get a 7-Day Free Trial

0.22

0.40

5.62

0.84

Southern Calif Bancorp Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															0.19	-0.01	-0.09	0.76	-0.31

Southern Calif 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.35 Mil.

Southern Calif Bancorp (FRA:KZ9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern Calif Bancorp (FRA:KZ9) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

BCAL:USA

Address

3142 Tiger Run Court, Suite 107, Carlsbad, CA, USA, 92010

Website

https://www.banksocal.com

Southern Calif Bancorp is committed towards serving the business, professional and personal banking needs of the vibrant Southern California communities. It provides a full-range of banking services - deposit accounts. financial products and services to individuals, professionals, and small- to medium-sized businesses.

Southern Calif Bancorp (FRA:KZ9) Headlines

No Headlines