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InsCorp (InsCorp) Allowance For Loans And Lease Losses : $-9.28 Mil (As of Mar. 2024)


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What is InsCorp Allowance For Loans And Lease Losses?

InsCorp's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-9.28 Mil.

InsCorp's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 ($-9.16 Mil) to Dec. 2023 ($-9.13 Mil) but then declined from Dec. 2023 ($-9.13 Mil) to Mar. 2024 ($-9.28 Mil).

InsCorp's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-8.03 Mil) to Dec. 2022 ($-8.78 Mil) and declined from Dec. 2022 ($-8.78 Mil) to Dec. 2023 ($-9.13 Mil).


InsCorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for InsCorp'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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InsCorp Allowance For Loans And Lease Losses Chart

InsCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.38 -7.37 -8.03 -8.78 -9.13

InsCorp 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 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 -9.40 -9.54 -9.16 -9.13 -9.28

InsCorp 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.


InsCorp Allowance For Loans And Lease Losses Related Terms

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InsCorp (InsCorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » InsCorp Inc (OTCPK:IBTN) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
N/A
Address
2106 Crestmoor Road, Nashville, TN, USA, 37215
InsCorp Inc along with its subsidiary is engaged in the origination and sales of mortgage loans on the secondary market. The company is a full-service financial institution that provides business and personal banking as well as mortgage lending. Its primary deposit products are demand and money market deposits and certificates of deposit, and its primary lending products are commercial loans, real estate loans, and lines of credit.