First Seacoast Bancorp FSEA Provision Release For Credit Losses
Provision Release For Credit Losses at other companies
Other financials
Where this comes from
Reported directly by First Seacoast Bancorp in its filing.
Tagged under the XBRL concept fsea:ProvisionReleaseForCreditLosses.
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 provision release for credit losses?
- First Seacoast Bancorp (FSEA) reported provision release for credit losses of -$8K in Q1 2026.
- What is the long-term trend for First Seacoast Bancorp's provision release for credit losses?
- Over 2 years (2023 to 2025), First Seacoast Bancorp's provision release for credit losses has grown at a -92.7% compound annual growth rate (CAGR), from $188K to -$1K.
- What does provision release for credit losses mean?
- A non-cash accounting adjustment that reduces the allowance for credit losses, effectively increasing net income. This occurs when the bank determines that the expected risk of loan defaults has decreased compared to previous estimates.