Discontinued — last reported Q3 '23

Geographic · Expected loss reserve for unfunded loan commitments

Philadelphia — Expected loss reserve for unfunded loan commitments

KKR Real Estate Finance Trust Philadelphia — Expected loss reserve for unfunded loan commitments decreased by 5.0% to $20.90M in Q3 2023 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ3 2023Oct 23, 2023
Rolls up toNet loans

How to read this metric

An increase suggests heightened perceived credit risk or a larger pipeline of commitments, while a decrease suggests improved borrower creditworthiness.

Detailed definition

A provision set aside to cover potential future credit losses associated with legally binding commitments to fund loans...

Peer comparison

Comparable to 'Allowance for Credit Losses on Off-Balance Sheet Exposures' at commercial banks.

Metric ID: kref_segment_philadelphia_expected_loss_reserve_for_unfunded_loan_commitments

Historical Data

4 periods
 Q4 '22Q1 '23Q2 '23Q3 '23
Value$23.80M$23.70M$22.00M$20.90M
QoQ Change-0.4%-7.2%-5.0%
Range$20.90M$23.80M
Current Streak3+ quarters decline

Frequently Asked Questions

What is KKR Real Estate Finance Trust's philadelphia — expected loss reserve for unfunded loan commitments?
KKR Real Estate Finance Trust (KREF) reported philadelphia — expected loss reserve for unfunded loan commitments of $20.90M in Q3 2023.
What does philadelphia — expected loss reserve for unfunded loan commitments mean?
The reserve set aside for potential losses on future loan funding commitments in Philadelphia.