Center Bancorp CNOB Provision for Credit Losses
Provision for Credit Losses at other companies
Other financials
Where this comes from
Reported directly by Center Bancorp in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.
The official record: Center Bancorp’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Center Bancorp's provision for credit losses?
- Center Bancorp (CNOB) reported provision for credit losses of $5.2M in Q1 2026.
- How has Center Bancorp's provision for credit losses changed year-over-year?
- Center Bancorp's provision for credit losses increased by 48.6% year-over-year, from $3.5M to $5.2M.
- What is the long-term trend for Center Bancorp's provision for credit losses?
- Over 4 years (2021 to 2025), Center Bancorp's provision for credit losses has grown at a 110.1% compound annual growth rate (CAGR), from -$2.41M to $47M.
- What does provision for credit losses mean?
- Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.