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Merchants Bancshares (Merchants Bancshares) Allowance For Loans And Lease Losses : $-13.19 Mil (As of Mar. 2017)


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What is Merchants Bancshares Allowance For Loans And Lease Losses?

Merchants Bancshares's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2017 was $-13.19 Mil.

Merchants Bancshares's quarterly Allowance For Loans And Lease Losses declined from Sep. 2016 ($-12.54 Mil) to Dec. 2016 ($-12.66 Mil) and declined from Dec. 2016 ($-12.66 Mil) to Mar. 2017 ($-13.19 Mil).

Merchants Bancshares's annual Allowance For Loans And Lease Losses declined from Dec. 2014 ($-11.83 Mil) to Dec. 2015 ($-12.04 Mil) and declined from Dec. 2015 ($-12.04 Mil) to Dec. 2016 ($-12.66 Mil).


Merchants Bancshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for Merchants Bancshares's Allowance For Loans And Lease Losses 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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Merchants Bancshares Allowance For Loans And Lease Losses Chart

Merchants Bancshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.56 -12.04 -11.83 -12.04 -12.66

Merchants Bancshares Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.17 -12.42 -12.54 -12.66 -13.19

Merchants Bancshares Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Merchants Bancshares Allowance For Loans And Lease Losses Related Terms

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Merchants Bancshares (Merchants Bancshares) Business Description

Industry
Traded in Other Exchanges
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Address
Merchants Bancshares Inc is a bank holding company organized under Vermont law in 1983. Merchants Bank, the Company's primary subsidiary, is a Vermont commercial bank with 32 full-service banking offices located throughout the state of Vermont. The Company, through its subsidiary, offers a full range of deposit, loan, cash management, and trust services to meet the financial needs of individual consumers, businesses and municipalities at 32 full-service banking offices throughout the state of Vermont. Its trust division offers investment management, financial planning and trustee services. The Company competes in Vermont for deposit and loan business not only with other commercial and savings banks, and savings and loan associations, but also with credit unions and other non-bank financial providers. It is subject to extensive regulation and supervision, including, in many cases, regulation that limits the type and scope of its activities.
Executives
Jeffrey L Davis director 275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
Pecor Raymond C Iii director 1 KING STREET DOCK, BURLINGTON VT 05401
Richard M Donovan officer: Interim PAO, PFO and Treasurer C/O FIRST SEACOAST BANCORP, 633 CENTRAL AVENUE, DOVER NH 03820
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Eric Andrew Segal officer: Interim PAO, PFO and Treasurer 6489 DEERFIELD DRIVE, NEW HOPE PA 18938
Thomas J. Meshako officer: Treasurer and CFO MERCHANTS BANK, P.O. BOX 1009, BURLINGTON VT 05402
John A Kane director C/O MERCHANTS BANCSHARES, INC., 275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
F Sheldon Prentice officer: Senior Vice President C/O NBT BANCORP, 52 BROAD STREET, NORWICH NY 13815
Charles A Davis director 1 CAPE MAY ST, 1 CAPE MAY ST, HARRISON NJ 07029

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