First Republic Bank (First Republic Bank) Credit Losses Provision : $105 Mil (As of Dec. 2022)

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What is First Republic Bank Credit Losses Provision?

First Republic Bank's credit losses provision for the three months ended in Dec. 2022 was $30 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2022 was $105 Mil.

First Republic Bank's quarterly credit losses provision increased from Jun. 2022 ($30 Mil) to Sep. 2022 ($36 Mil) but then declined from Sep. 2022 ($36 Mil) to Dec. 2022 ($30 Mil).

First Republic Bank's annual credit losses provision declined from Dec. 2020 ($155 Mil) to Dec. 2021 ($57 Mil) but then increased from Dec. 2021 ($57 Mil) to Dec. 2022 ($105 Mil).

First Republic Bank Credit Losses Provision Historical Data

The historical data trend for First Republic Bank'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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First Republic Bank Credit Losses Provision Chart

First Republic Bank Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Credit Losses Provision

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76.09

62.00

155.00

57.00

105.00

First Republic Bank Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Credit Losses Provision	Get a 7-Day Free Trial															24.00	9.00	30.00	36.00	30.00

First Republic Bank 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $105 Mil.

First Republic Bank (First Republic Bank) Business Description

Industry

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Address

111 Pine Street, 2nd Floor, San Francisco, CA, USA, 94111

Website

https://www.firstrepublic.com

First Republic offers private banking and wealth management services to high net worth clients. Services are primarily offered in the San Francisco, New York City, and Los Angeles markets. The bank was founded in 1985.