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First Seacoast Bancorp FSEA Allowance for credit losses

Allowance for credit losses at other companies

PRO
Provident Financial HoldingsPROV
$5.93M-9.8%
BCB Bancorp logo
BCB BancorpBCBP
$410K-41.7%
First Bancorp logo
First BancorpFNLC
$25.21M+0.4%
Home Bancorp logo
Home BancorpHBCP
$33.68M+1.2%
SBC
Seacoast Banking Corporation of FloridaSBCF
$176.25M+25.7%
First Community Corporation logo
First Community CorporationFCCO
$18.36M+35.0%

Other financials

Income statement

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Revenue$3.9M+11.2%
Net income-$508.0K+15.8%
EPS (diluted)-$0.12+14.3%

Balance sheet

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Total debt$7.7M+8.2%
Total equity$62.6M+2.3%
Total assets$588.8M-0.6%

Cash flow

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Operating cash flow$547.0K-4.5%
CapEx$346.0K+1,016%
Free cash flow$201.0K-62.9%

Valuation

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Market cap$79.1M+49.2%
P/S+1.2×

Profitability

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Net margin-4.7%-5.0pp
FCF margin-18.3%

Returns & leverage

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Return on equity-1.2%-1.3pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by First Seacoast Bancorp in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLosses.

The official record: First Seacoast Bancorp’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Seacoast Bancorp's allowance for credit losses?
First Seacoast Bancorp (FSEA) reported allowance for credit losses of $3.43M in Q1 2026.
How has First Seacoast Bancorp's allowance for credit losses changed year-over-year?
First Seacoast Bancorp's allowance for credit losses decreased by 2.6% year-over-year, from $3.52M to $3.43M.
What is the long-term trend for First Seacoast Bancorp's allowance for credit losses?
Over 5 years (2020 to 2025), First Seacoast Bancorp's allowance for credit losses has grown at a 0.5% compound annual growth rate (CAGR), from $3.34M to $3.43M.
What does allowance for credit losses mean?
Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.