High Country Bancorp (High Country Bancorp) Credit Losses Provision : $0.40 Mil (As of Mar. 2024)

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What is High Country Bancorp Credit Losses Provision?

High Country Bancorp's credit losses provision for the three months ended in Mar. 2024 was $0.25 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was $0.40 Mil.

High Country Bancorp's quarterly credit losses provision increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($0.10 Mil) and increased from Dec. 2023 ($0.10 Mil) to Mar. 2024 ($0.25 Mil).

High Country Bancorp's annual credit losses provision declined from Jun. 2021 ($0.15 Mil) to Jun. 2022 ($0.00 Mil) but then increased from Jun. 2022 ($0.00 Mil) to Jun. 2023 ($0.30 Mil).

High Country Bancorp Credit Losses Provision Historical Data

The historical data trend for High Country 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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High Country Bancorp Credit Losses Provision Chart

High Country Bancorp Annual Data

Trend

Jun02

Jun03

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Credit Losses Provision

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0.10

1.20

0.15

0.30

High Country Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															0.10	0.05	-	0.10	0.25

High Country 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 $0.40 Mil.

High Country Bancorp (High Country Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » High Country Bancorp Inc (OTCPK:HCBC) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

7360 West US Highway 50, P.O. Box 309, Salida, CO, USA, 81201

Website

https://www.highcountrybank.net

High Country Bancorp Inc is a full-service financial institution delivering banking and investment solutions for both consumers and businesses. Its primary deposit products are non interest-bearing and interest-bearing checking accounts, savings accounts and time deposit accounts, and its primary lending products are real estate mortgage loans, construction, consumer and commercial loans.

Executives

Lorin D Smith	director, officer: President & CEO
Scott G Erchul	director, officer: Vice President
Frances Pasquale	officer: Acting CFO	7360 WEST US HIGHWAY 50, SALIDA CO 81201
Young Richard A /co	director
Philip W Harsh	director	7360 WEST US HIGHWAY 50, SALIDA CO 81201