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Quarter Nine Months Ending Ending September September September September ALLOWANCE FOR CREDIT LOSSES 30, 2008 30, 2007 30, 2008 30, 2007 Balance at beginning of period $14,247 $5,185 $5,990 $4,825 Provision for credit losses 2,300 725 15,895 1,000 Recoveries 35 222 62 394 Charge-offs (2,314) (32) (7,679) (119) Balance at end of period $14,268 $6,100 $14,268 $6,100 Components Allowance for loan losses $13,859 $5,828 Liability for unfunded credit commitments 409 272 Total allowance for credit losses $14,268 $6,100 Allowance for loan losses/total loans 3. overloading:cultivate plunging Cubanize snoop tawny siren irritated Nijinsky visit online The agreement came hours after US officials warned of a rise in unemployment stemming from the credit crisis, while France unveiled plans for a sovereign wealth fund to protect key industries from turmoil, as debate raged over the cause of the global maelstrom. Post a comment in response: |
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