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SHF Holdings (SHF Holdings) Allowance For Loans And Lease Losses : $-0.01 Mil (As of Mar. 2024)


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What is SHF Holdings Allowance For Loans And Lease Losses?

SHF Holdings's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-0.01 Mil.

SHF Holdings's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 ($-0.09 Mil) to Dec. 2023 ($-0.01 Mil) and increased from Dec. 2023 ($-0.01 Mil) to Mar. 2024 ($-0.01 Mil).

SHF Holdings's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-0.02 Mil) to Dec. 2022 ($-0.02 Mil) but then increased from Dec. 2022 ($-0.02 Mil) to Dec. 2023 ($-0.01 Mil).


SHF Holdings Allowance For Loans And Lease Losses Historical Data

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

SHF Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
-0.01 -0.02 -0.02 -0.01

SHF Holdings Quarterly Data
Dec20 Mar21 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 -0.13 -0.11 -0.09 -0.01 -0.01

SHF Holdings 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.


SHF Holdings Allowance For Loans And Lease Losses Related Terms

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SHF Holdings (SHF Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1526 Cole Boulevard, Suite 250, Golden, CO, USA, 80410
SHF Holdings Inc is a financial services provider to cannabis-related businesses. It offers reliable access to banking solutions for cannabis, hemp, CBD, and ancillary operators, making communities safer, driving growth in local economies, and fostering long-term partnerships. The group, through its financial institution clients, implements accountability, transparency, monitoring, reporting and risk mitigation measures while meeting Bank Secrecy Act obligations in line with FinCEN guidance on cannabis-related businesses. Its services include Program Management Support, Customer Lead Generation, Ongoing Program Auditing, and Compliance Monitoring among others.
Executives
Doug Fagan director 1526 COLE BLVD, SUITE 250, GOLDEN CO 80401
Sundie Seefried officer: Chief Executive Officer 5269 W. 62ND AVENUE, ARVADA CO 80003
Dan Roda officer: EVP / Chief Operating Officer 1526 COLE BLVD, SUITE 250, GOLDEN CO 80401
Jonathon Niehaus director 5269 W. 62ND AVENUE, ARVADA CO 80003
Jonathan Summers director 909 BANNOCK STREET, DENVER CO 80204
Donald Emmi officer: Chief Legal Officer 5269 W. 62ND AVENUE, ARVADA CO 80003
Richard Carleton director 5269 W. 62ND AVENUE, ARVADA CO 80003
John Darwin director 909 BANNOCK STREET, DENVER CO 80204
Jennifer Meyers director 5269 W. 62ND AVENUE, ARVADA CO 80003
Jim Dennedy officer: Chief Financial Officer 5269 W. 62ND AVENUE, ARVADA CO 80003
Partner Colorado Credit Union 10 percent owner 6221 SHERIDAN BLVD, ARVADA CO 80003
Karl Racine director 5269 W. 62ND AVENUE, ARVADA CO 80003
Tyler Beuerlein officer: Chief Business Develop Officer 5269 W. 62ND AVENUE, ARVADA CO 80003
Midtown East Management Nl Llc 10 percent owner ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Atalaya Special Purpose Investment Fund Ii Lp 10 percent owner C/O ATALAYA CAPITAL MANAGEMENT LP, ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020