Prime Meridian Holding Co (Prime Meridian Holding Co) Allowance For Loans And Lease Losses : $-5.80 Mil (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Prime Meridian Holding Co Allowance For Loans And Lease Losses?

Prime Meridian Holding Co's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-5.80 Mil.

Prime Meridian Holding Co's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($-4.90 Mil) to Dec. 2023 ($-5.61 Mil) and declined from Dec. 2023 ($-5.61 Mil) to Mar. 2024 ($-5.80 Mil).

Prime Meridian Holding Co's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-5.97 Mil) to Dec. 2022 ($-7.15 Mil) but then increased from Dec. 2022 ($-7.15 Mil) to Dec. 2023 ($-5.61 Mil).

Prime Meridian Holding Co Allowance For Loans And Lease Losses Historical Data

The historical data trend for Prime Meridian Holding Co'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.

* Premium members only.

Prime Meridian Holding Co Allowance For Loans And Lease Losses Chart

Prime Meridian Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

Get a 7-Day Free Trial

-4.41

-6.09

-5.97

-7.15

-5.61

Prime Meridian Holding Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-4.80	-4.73	-4.90	-5.61	-5.80

Prime Meridian Holding Co 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.

Prime Meridian Holding Co Allowance For Loans And Lease Losses Related Terms

Thank you for viewing the detailed overview of Prime Meridian Holding Co's Allowance For Loans And Lease Losses provided by GuruFocus.com. Please click on the following links to see related term pages.

Prime Meridian Holding Co (Prime Meridian Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Prime Meridian Holding Co (OTCPK:PMHG) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

1471 Timberlane Road, Tallahassee, FL, USA, 32312

Website

https://www.primemeridianbank.com

Prime Meridian Holding Co is a bank holding company. Its services portfolio includes mobile banking, mobile deposit, Apple Pay, Bank-to-Bank transfers, online banking, demand interest-bearing, and non-interest-bearing accounts, and savings accounts, among others. It also offers commercial real estate loans, residential and home equity loans, construction loans, commercial loans, and consumer and other loans. The majority of revenues are derived from interest income and fees on loans, interest, and dividends from investment securities, and service charge income generated from demand accounts, ATM fees, and other services.