Southpoint Bancshares (Southpoint Bancshares) Credit Losses Provision : $0.00 Mil (As of . 20)

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What is Southpoint Bancshares Credit Losses Provision?

Southpoint Bancshares's credit losses provision for the six months ended in . 20 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

Southpoint Bancshares Credit Losses Provision Historical Data

The historical data trend for Southpoint Bancshares'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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Southpoint Bancshares Credit Losses Provision Chart

Southpoint Bancshares Annual Data

Trend

Credit Losses Provision

Southpoint Bancshares Semi-Annual Data

Credit Losses Provision

Southpoint Bancshares 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 . 20 was $0.00 Mil.

Southpoint Bancshares (Southpoint Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southpoint Bancshares Inc (OTCPK:SOUB) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

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Address

3501 Grandview Parkway, Birmingham, AL, USA, 35243

Website

https://www.southpoint.bank

SouthPoint Bancshares Inc operates in the domestic commercial banking industry. The Bank provides full-service banking to customers located in central Alabama. The Bank operates from its ten branch locations in central Alabama, and five loan production offices located throughout the State of Alabama. SPB Properties, LLC holds certain assets of the Bank and is a wholly-owned subsidiary of the Bank.

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