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First Busey Corporation BUSE Wealth Management — Provision for Credit Losses
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Where this comes from
Reported directly by First Busey Corporation in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLossesExpensed.
The source filing: First Busey Corporation’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:06 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000314489-26-000055
| (dollars in thousands) | Banking | Wealth Management | Firs Tech | Other | Total |
|---|---|---|---|---|---|
| Interest expense | 69,410 | — | — | 2,613 | 72,023 |
| Intersegment interest expense | 300 | — | — | (300) | — |
| Net interest income | 154,639 | — | 14 | (2,251) | 152,402 |
| Provision for credit losses | 2,189 | — | — | — | 2,189 |
| Net interest income after provision for credit losses | 152,450 | — | 14 | (2,251) | 150,213 |
| Noninterest income | |||||
| Wealth management fees | — | 19,981 | — | — | 19,981 |
| Payment technology solutions | — | — | 4,968 | — | 4,968 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is First Busey Corporation's wealth management — provision for credit losses?
- First Busey Corporation (BUSE) reported wealth management — provision for credit losses of $0 in Q2 2026.
- What does wealth management — provision for credit losses mean?
- This represents the periodic expense set aside by the Wealth Management segment to cover potential losses from loans or credit-related assets. It reflects management's assessment of credit risk within the segment's portfolio. A higher provision indicates an expectation of increased defaults or deteriorating credit quality.
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