Jbt Bancorp (Jbt Bancorp) Credit Losses Provision : $-0.07 Mil (As of Sep. 2023)

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What is Jbt Bancorp Credit Losses Provision?

Jbt Bancorp's credit losses provision for the three months ended in Sep. 2023 was $-0.07 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.07 Mil.

Jbt Bancorp's quarterly credit losses provision declined from Sep. 2022 ($0.39 Mil) to Jun. 2023 ($0.00 Mil) and declined from Jun. 2023 ($0.00 Mil) to Sep. 2023 ($-0.07 Mil).

Jbt Bancorp Credit Losses Provision Historical Data

The historical data trend for Jbt 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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Jbt Bancorp Credit Losses Provision Chart

Jbt Bancorp Annual Data

Trend

Credit Losses Provision

Jbt Bancorp Quarterly Data
	Jun22	Sep22	Jun23	Sep23
Credit Losses Provision	-	0.39	-	-0.07

Jbt 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 Mil.

Jbt Bancorp (Jbt Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jbt Bancorp Inc (OTCPK:JBTC) » Definitions » Credit Losses Provision

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Address

2 West Market Street, P.O. Box 717, Jonestown, PA, USA, 17038

Website

https://www.jbt.bank

Jbt Bancorp Inc operates under a state bank charter and provides full banking services, including trust services. The company serves small to mid-sized businesses and consumer households fulfilling deposit, loan, and payment needs. It offers personal banking, business banking, online and mobile banking. Further, it is also involved in investment, trust, and retirement-related activities.