Oak View National Bank Warrenton VA (Oak View National Bank Warrenton VA) Credit Losses Provision : $-0.10 Mil (As of Dec. 2019)

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What is Oak View National Bank Warrenton VA Credit Losses Provision?

Oak View National Bank Warrenton VA's credit losses provision for the six months ended in Dec. 2019 was $-0.10 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2019 was $-0.10 Mil.

Oak View National Bank Warrenton VA's quarterly credit losses provision increased from . 20 ($0.00 Mil) to Dec. 2018 ($0.20 Mil) but then declined from Dec. 2018 ($0.20 Mil) to Dec. 2019 ($-0.10 Mil).

Oak View National Bank Warrenton VA's annual credit losses provision increased from . 20 ($0.00 Mil) to Dec. 2018 ($0.20 Mil) but then declined from Dec. 2018 ($0.20 Mil) to Dec. 2019 ($-0.10 Mil).

Oak View National Bank Warrenton VA Credit Losses Provision Historical Data

The historical data trend for Oak View National Bank Warrenton VA'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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Oak View National Bank Warrenton VA Credit Losses Provision Chart

Oak View National Bank Warrenton VA Annual Data

Trend

Dec18

Dec19

Credit Losses Provision

0.20

-0.10

Oak View National Bank Warrenton VA Semi-Annual Data
	Dec18	Dec19
Credit Losses Provision	0.20	-0.10

Oak View National Bank Warrenton VA 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2019 was $-0.10 Mil.

Oak View National Bank Warrenton VA (Oak View National Bank Warrenton VA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oak View National Bank Warrenton VA (OTCPK:OAKV) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

128 Broadview Avenue, Warrenton, VA, USA, 20186

Website

https://www.oakviewbank.com

Oak View National Bank Warrenton VA operates as a national banking association to engage in a general banking business serving the communities in and around Marshall and Warrenton, Virginia. The company offers community banking services to small businesses, professionals and non-profit organizations. It also offers expansive digital channels and mortgage products for residential, commercial and farm purposes.