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Northeast Bank (STU:73K) Allowance For Loans And Lease Losses : €-23.9 Mil (As of Mar. 2024)


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What is Northeast Bank Allowance For Loans And Lease Losses?

Northeast Bank's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-23.9 Mil.

Northeast Bank's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (€-23.7 Mil) to Dec. 2023 (€-25.3 Mil) but then increased from Dec. 2023 (€-25.3 Mil) to Mar. 2024 (€-23.9 Mil).

Northeast Bank's annual Allowance For Loans And Lease Losses increased from Jun. 2021 (€-6.1 Mil) to Jun. 2022 (€-4.8 Mil) but then declined from Jun. 2022 (€-4.8 Mil) to Jun. 2023 (€-6.7 Mil).


Northeast Bank Allowance For Loans And Lease Losses Historical Data

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

Northeast Bank Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.05 -8.15 -6.07 -4.76 -6.74

Northeast Bank 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 -6.62 -6.74 -23.71 -25.30 -23.87

Northeast Bank 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.


Northeast Bank Allowance For Loans And Lease Losses Related Terms

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Northeast Bank (STU:73K) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northeast Bank (STU:73K) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
Address
27 Pearl Street, Portland, ME, USA, 04101
Northeast Bank provides banking and financial services to individual and corporate customers in the US. The firm conducts its loan-related activities through three primary channels: the Community Banking Division, the Loan Acquisition and Servicing Group, and the Small Business Administration Division. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, consumer loans and small business administration loans. The firm also provides telephone banking, online banking, mobile banking, and remote deposit capture services. The revenue of the company is derived primarily from interest and dividends from the bank.

Northeast Bank (STU:73K) Headlines

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