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CMUV Bancorp (CMUV Bancorp) Credit Losses Provision : $0.14 Mil (As of Dec. 2023)


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What is CMUV Bancorp Credit Losses Provision?

CMUV Bancorp's credit losses provision for the six months ended in Dec. 2023 was $0.14 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was $0.14 Mil.

CMUV Bancorp's quarterly credit losses provision declined from Dec. 2021 ($0.20 Mil) to Dec. 2022 ($0.05 Mil) but then increased from Dec. 2022 ($0.05 Mil) to Dec. 2023 ($0.14 Mil).

CMUV Bancorp's annual credit losses provision declined from Dec. 2021 ($0.20 Mil) to Dec. 2022 ($0.05 Mil) but then increased from Dec. 2022 ($0.05 Mil) to Dec. 2023 ($0.14 Mil).


CMUV Bancorp Credit Losses Provision Historical Data

The historical data trend for CMUV Bancorp's Credit Losses Provision 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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CMUV Bancorp Credit Losses Provision Chart

CMUV Bancorp Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
0.12 0.20 0.05 0.14

CMUV Bancorp Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Credit Losses Provision 0.12 0.20 0.05 0.14

CMUV Bancorp Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 was $0.14 Mil.

* 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.


CMUV Bancorp (CMUV Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1443 W. Main Street, P.O. Box 1808, El Centro, CA, USA, 92243
CMUV Bancorp, formerly Community Valley Bank CA is an independent community bank. It is engaged in providing deposit and loan services to businesses, non-profit organizations and individuals. It offers personal, business banking and various other online banking services.

CMUV Bancorp (CMUV Bancorp) Headlines

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