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Golden State Bancorp (Golden State Bancorp) Credit Losses Provision : $0.65 Mil (As of Sep. 2007)


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What is Golden State Bancorp Credit Losses Provision?

Golden State Bancorp's credit losses provision for the three months ended in Sep. 2007 was $0.08 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2007 was $0.65 Mil.

Golden State Bancorp's quarterly credit losses provision declined from Mar. 2007 ($0.37 Mil) to Jun. 2007 ($0.06 Mil) but then increased from Jun. 2007 ($0.06 Mil) to Sep. 2007 ($0.08 Mil).

Golden State Bancorp's annual credit losses provision increased from Dec. 2004 ($0.34 Mil) to Dec. 2005 ($0.36 Mil) and increased from Dec. 2005 ($0.36 Mil) to Dec. 2006 ($0.37 Mil).


Golden State Bancorp Credit Losses Provision Historical Data

The historical data trend for Golden State 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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Golden State Bancorp Credit Losses Provision Chart

Golden State Bancorp Annual Data
Trend Dec03 Dec04 Dec05 Dec06
Credit Losses Provision
0.01 0.34 0.36 0.37

Golden State Bancorp Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.14 0.37 0.06 0.08

Golden State 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 Sep. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.65 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.


Golden State Bancorp (Golden State Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
500 North Brand Boulevard, Suite 2300, 23rd Floor, Glendale, CA, USA, 91203
Golden State Bancorp is a state-chartered commercial lending institution specializing in residential/commercial real estate construction and mini-perm lending, and a full array of consumer loans. The company's primary source of revenue is providing loans to customers, who are predominately small and middle-market businesses and individuals.

Golden State Bancorp (Golden State Bancorp) Headlines

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