River Financial (River Financial) Allowance For Loans And Lease Losses : $-29.9 Mil (As of Mar. 2024)

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What is River Financial Allowance For Loans And Lease Losses?

River Financial's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-29.9 Mil.

River Financial's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($-27.8 Mil) to Dec. 2023 ($-29.0 Mil) and declined from Dec. 2023 ($-29.0 Mil) to Mar. 2024 ($-29.9 Mil).

River Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-20.9 Mil) to Dec. 2022 ($-24.3 Mil) and declined from Dec. 2022 ($-24.3 Mil) to Dec. 2023 ($-29.0 Mil).

River Financial Allowance For Loans And Lease Losses Historical Data

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

River Financial Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-8.68

-16.80

-20.92

-24.31

-28.99

River 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															-25.71	-26.89	-27.83	-28.99	-29.86

River 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.

River Financial Allowance For Loans And Lease Losses Related Terms

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River Financial (River Financial) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

2611 Legends Drive, Prattville, AL, USA, 36066

Website

https://www.riverbankandtrust.com

River Financial Corp is a bank holding company. It provides commercial and consumer banking services to businesses, business owners, and professionals in the United States. It offers services such as loan, deposits, electronic banking and other banking services. It offers demand deposits, savings and time deposits, interest-bearing transaction accounts, money market accounts, negotiable orders of withdrawal accounts, as well as certificates of deposit. Companies principal sources of income are interest and fees collected on loans, interest collected on other investments, fees earned from the origination and sale of residential mortgage loans, and service charges, as well as income from investment brokerage services.

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