Allowance for Loan and Lease Losses


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Allowance for Loan and Lease Losses

A contra-account on the balance sheet used for offsetting losses on loan and lease assets.
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Given the above list of conflicting demands pertaining to the ALLL that are being placed on financial institutions taken in context with increased regulatory demands in other areas of their operations, it is easy to see how many financial institutions are struggling to put together a comprehensive, systematic and consistent estimation of their allowance for loan and lease losses and to meet the demands of the various constituencies that scrutinize this calculation.
The reclassification was limited to removing the separate line items for covered loans and including the prior period balances in the line items for loans, net of unearned income and allowance for loan and lease losses.
During the first quarter of 2009, the Company's provisions to the allowance for loan and lease losses totaled $10.
Thirty-day and greater delinquencies (30+DPD) and the ratios of Allowance for Loan and Lease Losses (ALLL) to Loans, ALLL to Nonperforming Loans (NPLs), and Loan Loss Provision (LLP) to charge-offs (C/Os) are shown in the next table.
Anders, President and CEO of the Company, "and while our results for all of 2006 were negatively impacted by our decision to increase the allowance for loan and lease losses by $470,000 in the third quarter, we continue to achieve strong growth in loans and revenue.
The ratio of the allowance for loan and lease losses to nonperforming loans and leases was 623.
The provision boosts the allowance for loan and lease losses from $454,000 at June 30, 2006 to $916,000 at September 30, 2006.
31% Allowance for loan and lease losses to total loans and leases held for investment 1.
The provision boosts the Towson-based Bank's allowance for loan and lease losses from $454,000 at June 30, 2006 to $916,000 at September 30, 2006.
Our provision for the quarter, net of charge-offs, increased the allowance for loan and lease losses, both in total dollars and as a percentage compared to year end 1999," added Lorenz.
74% Non-performing loans to allowance for loan and lease losses 138.
At December 31, 1999, the Company's allowance for loan and lease losses was $4,585,000, compared to $3,271,000 at December 31, 1998.
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