Versailles Financial (Versailles Financial) Credit Losses Provision : $0.03 Mil (As of Sep. 2012)

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What is Versailles Financial Credit Losses Provision?

Versailles Financial's credit losses provision for the three months ended in Sep. 2012 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2012 was $0.03 Mil.

Versailles Financial's quarterly credit losses provision declined from Mar. 2012 ($0.02 Mil) to Jun. 2012 ($0.00 Mil) but then stayed the same from Jun. 2012 ($0.00 Mil) to Sep. 2012 ($0.00 Mil).

Versailles Financial's annual credit losses provision increased from Jun. 2010 ($0.02 Mil) to Jun. 2011 ($0.03 Mil) and increased from Jun. 2011 ($0.03 Mil) to Jun. 2012 ($0.05 Mil).

Versailles Financial Credit Losses Provision Historical Data

The historical data trend for Versailles Financial'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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Versailles Financial Credit Losses Provision Chart

Versailles Financial Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Credit Losses Provision

0.11

0.02

0.03

0.05

Versailles Financial Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Credit Losses Provision	Get a 7-Day Free Trial												0.02	0.02	0.02	-	-

Versailles Financial 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.03 Mil.

Versailles Financial (Versailles Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Versailles Financial Corp (OTCPK:VERF) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

10413 Kley Road, PO Box 92, Versailles, OH, USA, 45380

Website

http://www.versaillessavingsbank.com

Versailles Financial Corp is an Ohio chartered savings and loan company. Its business consists of accepting savings accounts and certificates of deposits from the general public and investing those deposits. The company also offers real estate loans and other services.

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