First Farmers Financial (First Farmers Financial) Allowance For Loans And Lease Losses : $-37.9 Mil (As of Mar. 2024)

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What is First Farmers Financial Allowance For Loans And Lease Losses?

First Farmers Financial's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-37.9 Mil.

First Farmers Financial's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 ($-36.3 Mil) to Dec. 2023 ($-34.9 Mil) but then declined from Dec. 2023 ($-34.9 Mil) to Mar. 2024 ($-37.9 Mil).

First Farmers Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-19.7 Mil) to Dec. 2022 ($-22.3 Mil) and declined from Dec. 2022 ($-22.3 Mil) to Dec. 2023 ($-34.9 Mil).

First Farmers Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for First Farmers Financial's Allowance For Loans And Lease Losses 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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First Farmers Financial Allowance For Loans And Lease Losses Chart

First Farmers Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-16.87

-17.74

-19.67

-22.30

-34.89

First Farmers Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-34.63	-	-36.28	-34.89	-37.93

First Farmers Financial Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

First Farmers Financial Allowance For Loans And Lease Losses Related Terms

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First Farmers Financial (First Farmers Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Farmers Financial Corp (OTCPK:FFMR) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 North Jefferson Street, Converse, IN, USA, 46919

Website

https://www.ffbt.com

First Farmers Financial Corp and its subsidiaries operate in the banking industry. The bank categorized its services into personal, business, borrowing, and investment divisions. Its products and services include deposits, retirement and health saving accounts, consumer loans, home equity, and account management and leasing. The bank makes commercial, installment and mortgage loans to and receives deposits from customers through its offices located in the Indiana counties of Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo, and Wabash; and Illinois counties of Coles, Edgar, and Vermilion.