NSTS Bancorp (NSTS Bancorp) Credit Losses Provision : $0.20 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is NSTS Bancorp Credit Losses Provision?

NSTS Bancorp's credit losses provision for the three months ended in Mar. 2024 was $-0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was $0.20 Mil.

NSTS Bancorp's quarterly credit losses provision increased from Sep. 2023 ($0.05 Mil) to Dec. 2023 ($0.12 Mil) but then declined from Dec. 2023 ($0.12 Mil) to Mar. 2024 ($-0.00 Mil).

NSTS Bancorp's annual credit losses provision declined from Dec. 2021 ($-0.02 Mil) to Dec. 2022 ($-0.23 Mil) but then increased from Dec. 2022 ($-0.23 Mil) to Dec. 2023 ($0.18 Mil).

NSTS Bancorp Credit Losses Provision Historical Data

The historical data trend for NSTS 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.

* Premium members only.

NSTS Bancorp Credit Losses Provision Chart

NSTS Bancorp Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

0.10

0.46

-0.02

-0.23

0.18

NSTS Bancorp Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial											-0.03	0.03	0.05	0.12	-

NSTS 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 $0.20 Mil.

NSTS Bancorp (NSTS Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

700 S. Lewis Avenue, Waukegan, IL, USA, 60085

Website

https://www.northshoretrust.com

NSTS Bancorp Inc is a savings and loan holding company regulated Federal Reserve Board. The company was formed to serve as the North Shore Trust and Savings stock holding company. The Bank is a wholly-owned subsidiary of the company and operates as a traditional savings institution focused primarily on serving the banking needs of customers in our market area of Lake County, Illinois and adjacent communities.

Executives

Carissa H Schoolcraft	officer: Chief Financial Officer	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Kevin M Dolan	director	3850 N CAUSEWAY BLVD STE 800, METAIRIE LA 70002
Nathan E Walker	officer: President	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Amy L Avakian	officer: Chief Lending Officer	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Stephen G. Lear	director, officer: Chief Executive Officer	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Thomas J Kneesel	director	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Rodney J, True	director	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Bond Thaddeus M. Jr.	director	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Apolonio Arenas	director	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Thomas M Ivantic	director	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085

NSTS Bancorp (NSTS Bancorp) Headlines

From GuruFocus

North Shore Trust and Savings Announces Expansion of Mortgage Lending Department

By Marketwired • 10-23-2023

NSTS Bancorp, Inc. Announces Closing of Conversion and Stock Offering

By GuruFocusNews GuruFocusNews • 01-19-2022

NSTS Bancorp Announces Extension of Stock Repurchase Program

By Marketwired • 10-06-2023

NSTS Bancorp Announces Authorization of Stock Repurchase Program

By sperokesalga sperokesalga • 03-31-2023

Nathan E. Walker Appointed CEO of North Shore Trust and Savings

By PurpleRose PurpleRose • 07-26-2022

NSTS Bancorp Announces Authorization of Stock Repurchase Program

By GlobeNewswire • 12-21-2023