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Center Bancorp CNOB Provision for Credit Losses
Provision for Credit Losses at other companies
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Where this comes from
Reported directly by Center Bancorp in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.
The source filing: Center Bancorp’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:01 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001437749-26-014866
| Line item | Three Months Ended / March 31, 2026 | Three Months Ended / March 31, 2025 |
|---|---|---|
| Borrowings | 9,911 | 5,041 |
| Total interest expense | 75,593 | 59,033 |
| Net interest income | 108,804 | 65,756 |
| Provision for credit losses | 5,200 | 3,500 |
| Net interest income after provision for credit losses | 103,604 | 62,256 |
| Noninterest income | ||
| Deposit, loan and other income | 3,283 | 2,006 |
| Income on bank owned life insurance | 2,951 | 1,584 |
Document
FAQ
- 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.
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