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FSB Bancorp (FSB Bancorp) Credit Losses Provision : $0.30 Mil (As of Dec. 2019)


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What is FSB Bancorp Credit Losses Provision?

FSB Bancorp's credit losses provision for the three months ended in Dec. 2019 was $0.12 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2019 was $0.30 Mil.

FSB Bancorp's quarterly credit losses provision increased from Jun. 2019 ($0.03 Mil) to Sep. 2019 ($0.08 Mil) and increased from Sep. 2019 ($0.08 Mil) to Dec. 2019 ($0.12 Mil).

FSB Bancorp's annual credit losses provision increased from Dec. 2017 ($0.27 Mil) to Dec. 2018 ($0.30 Mil) but then declined from Dec. 2018 ($0.30 Mil) to Dec. 2019 ($0.30 Mil).


FSB Bancorp Credit Losses Provision Historical Data

The historical data trend for FSB Bancorp'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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FSB Bancorp Credit Losses Provision Chart

FSB Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec15 Dec16 Dec17 Dec18 Dec19
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.18 0.27 0.30 0.30

FSB Bancorp Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.08 0.03 0.08 0.12

FSB Bancorp 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 Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.30 Mil.

* 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.


FSB Bancorp (FSB Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
45 South Main Street, Fairport, NY, USA, 14450
FSB Bancorp Inc is a bank holding company which offers secure and personalized financial solutions. The company through its banking subsidiaries is engaged in providing banking products and services including checking and savings, lending and other mortgage services, Wealth Management and Insurance. Its revenue derived primarily from Interest on loans and, Interest on investment and municipal securities and mortgage-backed securities.
Executives
Kevin D Maroney director, officer: President and CEO 45 SOUTH MAIN STREET, FAIRPORT NY 14450