First Busey Corporation BUSE Provision for Credit Losses
Provision for Credit Losses at other companies
Other financials
Where this comes from
Reported directly by First Busey Corporation in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.
The official record: First Busey Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Busey Corporation's provision for credit losses?
- First Busey Corporation (BUSE) reported provision for credit losses of $3.06M in Q1 2026.
- How has First Busey Corporation's provision for credit losses changed year-over-year?
- First Busey Corporation's provision for credit losses decreased by 93.3% year-over-year, from $45.59M to $3.06M.
- What is the long-term trend for First Busey Corporation's provision for credit losses?
- Over 4 years (2021 to 2025), First Busey Corporation's provision for credit losses has grown at a 36.4% compound annual growth rate (CAGR), from -$13.19M to $45.73M.
- What does provision for credit losses mean?
- This represents the periodic expense recognized to maintain an adequate allowance for credit losses on the loan portfolio. It reflects management's assessment of potential future defaults and credit risk within the bank's lending activities.