Cullman Bancorp (Cullman Bancorp) Credit Losses Provision : $0.18 Mil (As of Mar. 2024)

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What is Cullman Bancorp Credit Losses Provision?

Cullman Bancorp's credit losses provision for the three months ended in Mar. 2024 was $-0.04 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was $0.18 Mil.

Cullman Bancorp's quarterly credit losses provision increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($0.25 Mil) but then declined from Dec. 2023 ($0.25 Mil) to Mar. 2024 ($-0.04 Mil).

Cullman Bancorp's annual credit losses provision increased from Dec. 2021 ($0.06 Mil) to Dec. 2022 ($0.44 Mil) but then declined from Dec. 2022 ($0.44 Mil) to Dec. 2023 ($0.29 Mil).

Cullman Bancorp Credit Losses Provision Historical Data

The historical data trend for Cullman 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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Cullman Bancorp Credit Losses Provision Chart

Cullman Bancorp Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

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0.41

0.15

0.06

0.44

0.29

Cullman Bancorp Quarterly Data
	Dec11	Mar12	Jun12	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															0.07	-0.03	-	0.25	-0.04

Cullman 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.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.18 Mil.

Cullman Bancorp (Cullman Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cullman Bancorp Inc (NAS:CULL) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

316 Second Avenue S.W, Cullman, AL, USA, 35055

Website

https://www.cullmansavingsbank.com

Cullman Bancorp Inc through a subsidiary accepts deposits and offers one- to four-family residential real estate loans, commercial real estate loans and commercial and industrial loans and, to a lesser extent, construction loans, multi-family real estate loans and consumer loans. The revenue is derived principally from the interest on loans and securities, loan origination and servicing fees and fees levied on deposit accounts. Geographically the activities are carried out through the United States.

Executives

Paul D Bussman	director	316 SECOND AVENUE S.W., CULLMAN AL 35055
Nancy Mcclellan	director	316 SECOND AVENUE S.W., CULLMAN AL 35055
Riley John A Iii	director, officer: President & CEO	316 SECOND AVENUE S.W., CULLMAN AL 35055
Robin Parson	director, officer: Executive Vice President	316 SECOND AVENUE S.W., CULLMAN AL 35055
Lynne Morton	director	316 SECOND AVENUE, SW, CULLMAN AL 35055
Katrina I Stephens	officer: SVP and CFO	316 SECOND AVENUE, SW, CULLMAN AL 35055
T Aira Ugarkovich	officer: EVP and COO	316 SECOND AVENUE, SW, CULLMAN AL 35055
Gregory T Barksdale	director	316 SECOND AVENUE, SW, CULLMAN AL 35055
Chad T Burks	director	316 SECOND AVENUE, SW, CULLMAN AL 35055

Cullman Bancorp (Cullman Bancorp) Headlines

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Cullman Bancorp, Inc. Adopts Stock Repurchase Program

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Cullman Bancorp, Inc. Announces Payment of Annual Cash Dividend of $0.12 Per Share

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Cullman Bancorp, Inc. Announces Payment of Annual Cash Dividend of $ .12 per Share

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Cullman Bancorp, Inc. Announces Payment of Annual Cash Dividend of $0.12 Per Share

By Business Wire • 01-18-2024