Liberty Northwest Bancorp (Liberty Northwest Bancorp) Credit Losses Provision : $-0.18 Mil (As of Mar. 2024)

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What is Liberty Northwest Bancorp Credit Losses Provision?

Liberty Northwest Bancorp's credit losses provision for the three months ended in Mar. 2024 was $-0.04 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.18 Mil.

Liberty Northwest Bancorp's quarterly credit losses provision declined from Sep. 2023 ($-0.03 Mil) to Dec. 2023 ($-0.06 Mil) but then increased from Dec. 2023 ($-0.06 Mil) to Mar. 2024 ($-0.04 Mil).

Liberty Northwest Bancorp's annual credit losses provision declined from Dec. 2021 ($0.40 Mil) to Dec. 2022 ($0.19 Mil) and declined from Dec. 2022 ($0.19 Mil) to Dec. 2023 ($-0.11 Mil).

Liberty Northwest Bancorp Credit Losses Provision Historical Data

The historical data trend for Liberty Northwest 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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Liberty Northwest Bancorp Credit Losses Provision Chart

Liberty Northwest Bancorp Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

0.02

0.33

0.40

0.19

-0.11

Liberty Northwest Bancorp Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial										0.03	-0.05	-0.03	-0.06	-0.04

Liberty Northwest 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 $-0.18 Mil.

Liberty Northwest Bancorp (Liberty Northwest Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Liberty Northwest Bancorp Inc (OTCPK:LBNW) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

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Address

20150 7th Avenue NE, Poulsbo, WA, USA, 98370

Website

https://www.libertybanknw.com

Liberty Northwest Bancorp Inc. is a bank holding company whose wholly-owned subsidiary is Liberty Bank. The Bank provides a full range of banking services to individual and corporate customers through its main office in Poulsbo, Washington, and a leased space in Bellevue, Washington. The bank's products include a wide variety of loans and deposits, in addition to retail and commercial digital and online banking services.

Liberty Northwest Bancorp (Liberty Northwest Bancorp) Headlines

From GuruFocus

Liberty Northwest Bancorp, Inc. Announces 2023 Second Quarter Financial Results

By Marketwired • 07-28-2023