The higher earnings during the third quarter of 2017 compared to the third quarter of 2016 primarily resulted from an increase of USD 213 thousand in net interest income, a
loan loss provision recapture of USD 300 thousand and a gain of USD 160 thousand on sale of loans.
Excluding the after tax impact of the negative
loan loss provision, net income would have been USD4.
Therefore, current or envisaged
loan loss provision rules will add to the concerns already existing in capital requirement rules of excess procyclicality created in the financial system by those regulations.
We describe the basic accounting aspects of the Romanian methodology for
loan loss provision determining.
The bank holds a non-specific
loan loss provision of RO40.
05 million in "other operating expenses," of which there were only $792,000 in all of 2000; and a
loan loss provision of $798,000, almost five times the
loan loss provision at mid-2000.
Suffolk increased its
loan loss provision by more than three times the amount it had set aside a year earlier.
Results were driven by strong core business performance, effective asset and liability management and reduction in
loan loss provision, the bank said in a statement.
3 million in
loan loss provision and $727,000 in provision for loss on real estate owned), compared to a total of $8.
It should be noted that the Bank generated a quarterly operating profit of $57,000 (Operating profits are defined as profits prior to additions to
loan loss provision and extraordinary items).
4bn, has said that it will record a special
loan loss provision of USD25m during the third quarter of 2011, related to its USD76.
In view of the euro sovereign debt crisis, the global economic downturn and especially the increasingly critical state of the international shipping industry, HSH Nordbank has revised its long-term
loan loss provision plan.
