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Cullman Bancorp (Cullman Bancorp) Net Charge Offs to Average Loans % : 0.00% (As of Mar. 2024)


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What is Cullman Bancorp Net Charge Offs to Average Loans %?

Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.

The historical rank and industry rank for Cullman Bancorp's Net Charge Offs to Average Loans % or its related term are showing as below:

CULL's Net Charge Offs to Average Loans % is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Net Charge Offs to Average Loans % only.

Cullman Bancorp Net Charge Offs to Average Loans % Historical Data

The historical data trend for Cullman Bancorp's Net Charge Offs to Average Loans % 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 Net Charge Offs to Average Loans % Chart

Cullman Bancorp Annual Data
Trend Dec21 Dec22 Dec23
Net Charge Offs to Average Loans %
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Cullman BancorpQuarterly Data
Trend Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Charge Offs to Average Loans %
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Competitive Comparison of Cullman Bancorp's Net Charge Offs to Average Loans %

For the Banks - Regional subindustry, Cullman Bancorp's Net Charge Offs to Average Loans %, along with its competitors' market caps and Net Charge Offs to Average Loans % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cullman Bancorp  (NAS:CULL) Net Charge Offs to Average Loans % Calculation

Net Charge Offs to Average Loans % is calculated as

Net Charge Offs to Average Loans %=Net Charge-offs / Average Total Loans

* 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.


Cullman Bancorp  (NAS:CULL) Net Charge Offs to Average Loans % Explanation

A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.

Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.


Cullman Bancorp Net Charge Offs to Average Loans % Related Terms

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Cullman Bancorp (Cullman Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
316 Second Avenue S.W, Cullman, AL, USA, 35055
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

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