PB Bancorp (PB Bancorp) Net Charge Offs to Average Loans % : 0.00% (As of Dec. 2019)

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What is PB Bancorp Net Charge Offs to Average Loans %?

Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.

PB Bancorp's Net Charge Offs to Average Loans % for the annual that ended in Jun. 2019 was 0.14% , which is higher than 0.02% for the pervious year ended in Jun. 2018.

The historical rank and industry rank for PB Bancorp's Net Charge Offs to Average Loans % or its related term are showing as below:

PBBI's Net Charge Offs to Average Loans % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Net Charge Offs to Average Loans % only.

PB Bancorp Net Charge Offs to Average Loans % Historical Data

The historical data trend for PB Bancorp's Net Charge Offs to Average Loans % 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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PB Bancorp Net Charge Offs to Average Loans % Chart

PB Bancorp Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Net Charge Offs to Average Loans %

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Capital Adequacy Tier - Tier 1 Ratio %

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Capital Adequacy Tier - Leverage Ratio %

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Capital Adequacy Tier - Total Capital Ratio %

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Efficiency Overhead Ratio %

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PB BancorpQuarterly Data

Trend

Sep16

Dec16

Mar17

Jun17

Sep17

Dec17

Mar18

Sep18

Dec18

Mar19

Sep19

Dec19

Net Charge Offs to Average Loans %

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Capital Adequacy Tier - Tier 1 Ratio %

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Capital Adequacy Tier - Leverage Ratio %

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Capital Adequacy Tier - Total Capital Ratio %

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PB Bancorp (NAS:PBBI) Net Charge Offs to Average Loans % Calculation

Net Charge Offs to Average Loans % is calculated as

Net Charge Offs to Average Loans %

Net Charge-offs

Average Total Loans

PB Bancorp (NAS:PBBI) Net Charge Offs to Average Loans % Explanation

A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.

Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.

PB Bancorp Net Charge Offs to Average Loans % Related Terms

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PB Bancorp (PB Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PB Bancorp Inc (NAS:PBBI) » Definitions » Net Charge Offs to Average Loans %

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Traded in Other Exchanges

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Address

40 Main Street, Putnam, CT, USA, 06260

Website

https://www.putnambank.com

PB Bancorp Inc is a holding company of Putnam bank and also invests in marketable securities. The bank offers personal and business banking services to customers. It is involved in the business of accepting deposits from the general public in the communities where its offices are located and investing those deposits, together with funds in loans secured by real estate, including one-to-four family residential mortgage loans and commercial real estate loans. Its main products and services include checking and savings accounts, student banking, online services, and value services among others. The bank operates from the offices located in Windham County and New London County, Connecticut.