Harbor Bankshares (Harbor Bankshares) Credit Losses Provision : $0.26 Mil (As of Sep. 2006)

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

What is Harbor Bankshares Credit Losses Provision?

Harbor Bankshares's credit losses provision for the three months ended in Sep. 2006 was $0.06 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2006 was $0.26 Mil.

Harbor Bankshares's quarterly credit losses provision increased from Mar. 2006 ($0.06 Mil) to Jun. 2006 ($0.08 Mil) but then declined from Jun. 2006 ($0.08 Mil) to Sep. 2006 ($0.06 Mil).

Harbor Bankshares's annual credit losses provision declined from Dec. 2003 ($0.76 Mil) to Dec. 2004 ($0.36 Mil) but then increased from Dec. 2004 ($0.36 Mil) to Dec. 2005 ($0.41 Mil).

Harbor Bankshares Credit Losses Provision Historical Data

The historical data trend for Harbor Bankshares'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.

Harbor Bankshares Credit Losses Provision Chart

Harbor Bankshares Annual Data

Trend

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Credit Losses Provision

Get a 7-Day Free Trial

0.40

0.34

0.76

0.36

0.41

Harbor Bankshares Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Credit Losses Provision	Get a 7-Day Free Trial															0.11	0.06	0.06	0.08	0.06

Harbor Bankshares 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 Sep. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.26 Mil.

Harbor Bankshares (Harbor Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Harbor Bankshares Corp (OTCPK:HRBK) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 West Fayette Street, Baltimore, MD, USA, 21201

Website

https://www.theharborbank.com

Harbor Bankshares Corp is the holding company for The Harbor Bank of Maryland. The Bank conducts general banking business in locations and primarily serves the Baltimore, Maryland, metropolitan area. It offers checking, savings, and time deposits, commercial real estate, personal, home improvement, automobile, and other installment and term loans. The company also provides various loans including commercial and residential mortgage loans, construction loans, working capital loans, and lines of credit. Its portfolio consists of investments in the U.S. government and corporate debt obligations.

Executives

Louis J Grasmick

director

GRASMICK LUMBER, 6715 QUAD AVENUE, BALTIMORE MD 21237

Harbor Bankshares (Harbor Bankshares) Headlines

No Headlines