Northway Financial (Northway Financial) Allowance For Loans And Lease Losses : $-10.70 Mil (As of Dec. 2023)

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What is Northway Financial Allowance For Loans And Lease Losses?

Northway Financial's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-10.70 Mil.

Northway Financial's quarterly Allowance For Loans And Lease Losses declined from Dec. 2021 ($-9.47 Mil) to Dec. 2022 ($-11.36 Mil) but then increased from Dec. 2022 ($-11.36 Mil) to Dec. 2023 ($-10.70 Mil).

Northway Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-9.47 Mil) to Dec. 2022 ($-11.36 Mil) but then increased from Dec. 2022 ($-11.36 Mil) to Dec. 2023 ($-10.70 Mil).

Northway Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for Northway 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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Northway Financial Allowance For Loans And Lease Losses Chart

Northway Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-7.22

-9.46

-9.47

-11.36

-10.70

Northway Financial Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec08	Dec09	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-7.22	-9.46	-9.47	-11.36	-10.70

Northway 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.

Northway Financial Allowance For Loans And Lease Losses Related Terms

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Northway Financial (Northway Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northway Financial Inc (OTCPK:NWYF) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

3424 White Mountain Highway, North Conway, Conway, NH, USA, 03860

Website

https://www.northwaybank.com

Northway Financial Inc is a bank holding company. The bank is engaged in the business of attracting deposits from the public and investing those deposits in securities, commercial loans, real estate loans, and consumer loans. It provides various products and services such as Personal checking, Debit cards, Online banking, Mobile Banking, Mortgages, Business Loans, Credit cards, Personal insurance, investments, and other related services.

Executives

Jeffrey D Smith	officer: SVP-Chief Admin. Officer	2 ELM STREET / PO BOX 310, CAMDEN ME 04843
Fletcher W Adams	director
Stephen G Boucher	director
Richard P Orsillo	officer: SVP & Chief Financial Officer
Richard T Brunelle	officer: SVP Comm'l Loan Officer
William J Woodward	director, officer: Chairman, President & CEO
John H Noyes	director
Barry J Kelly	director
John A Gobel	officer: SVP/Senior Technology Officer	PO BOX 69, FRANKFORT ME 04438
Mark C Bechtold	officer: SVP/Sr HR Leadership Dev Off.	99 HYFIELD LANE, JEFFERSON NH 03583
John D Morris	director