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Cass Information Systems CASS Banking Services — Provision for Credit Losses
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Where this comes from
Reported directly by Cass Information Systems in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLossesExpensed.
The source filing: Cass Information Systems’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:33 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000708781-26-000031
| (In thousands) / Three Months Ended June 30, 2026: | Information Services | Banking Services | Corporate,Eliminationsand Other | Total |
|---|---|---|---|---|
| Gain on sale of investment securities | — | — | 5 | 5 |
| Interest income | 13,085 | 16,702 | (4,182) | 25,605 |
| Interest expense | 216 | 6,598 | (2,756) | 4,058 |
| Provision for credit losses | — | 531 | — | 531 |
| Total net revenue | 40,500 | 10,356 | (913) | 49,943 |
| Personnel expenses | 24,038 | 3,047 | — | 27,085 |
| Occupancy | 509 | 194 | — | 703 |
| Equipment | 2,491 | 285 | — | 2,776 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Cass Information Systems's banking services — provision for credit losses?
- Cass Information Systems (CASS) reported banking services — provision for credit losses of $531K in Q2 2026.
- How has Cass Information Systems's banking services — provision for credit losses changed year-over-year?
- Cass Information Systems's banking services — provision for credit losses increased by 2024.0% year-over-year, from $25K to $531K.
- What is the long-term trend for Cass Information Systems's banking services — provision for credit losses?
- Over 2 years (2022 to 2024), Cass Information Systems's banking services — provision for credit losses has grown at a -42.5% compound annual growth rate (CAGR), from $1.35M to $447K.
- What does banking services — provision for credit losses mean?
- An expense charged to the income statement to maintain the allowance for loan and lease losses at a level management deems adequate to cover expected credit risks. This metric provides insight into the credit quality of the loan portfolio and management's outlook on borrower default risk.
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