Rainier Pacific Financial Group (Rainier Pacific Financial Group) Credit Losses Provision : $12.30 Mil (As of Sep. 2009)

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What is Rainier Pacific Financial Group Credit Losses Provision?

Rainier Pacific Financial Group's credit losses provision for the three months ended in Sep. 2009 was $5.70 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2009 was $12.30 Mil.

Rainier Pacific Financial Group's quarterly credit losses provision increased from Mar. 2009 ($2.30 Mil) to Jun. 2009 ($4.00 Mil) and increased from Jun. 2009 ($4.00 Mil) to Sep. 2009 ($5.70 Mil).

Rainier Pacific Financial Group's annual credit losses provision stayed the same from Dec. 2006 ($0.60 Mil) to Dec. 2007 ($0.60 Mil) but then increased from Dec. 2007 ($0.60 Mil) to Dec. 2008 ($7.00 Mil).

Rainier Pacific Financial Group Credit Losses Provision Historical Data

The historical data trend for Rainier Pacific Financial Group'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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Rainier Pacific Financial Group Credit Losses Provision Chart

Rainier Pacific Financial Group Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Credit Losses Provision

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2.70

0.75

0.60

7.00

Rainier Pacific Financial Group Quarterly Data
	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09
Credit Losses Provision	Get a 7-Day Free Trial															6.00	0.30	2.30	4.00	5.70

Rainier Pacific Financial Group 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. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.30 Mil.

Rainier Pacific Financial Group (Rainier Pacific Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Rainier Pacific Financial Group Inc (OTCPK:RPFG) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

1498 PACIFIC AVENUE, Tacoma, WA, USA, 98402

Website

http://www.rainierpac.com

Rainier Pacific Financial Group Inc is a a full service bank. It offers consumers an array of deposit and loan services through Rainier Pacific Bank.

Executives

Dalen D Harrison	officer: Vice President	P O BOX 11628, TACOMA WA 984116628
Joel G Edwards	officer: Vice President/CFO	P O BOX 11628, TACOMA WA 984116628

Rainier Pacific Financial Group (Rainier Pacific Financial Group) Headlines

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