Discontinued — last reported Q3 '23
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.
An increase suggests heightened perceived credit risk or a larger pipeline of commitments, while a decrease suggests improved borrower creditworthiness.
A provision set aside to cover potential future credit losses associated with legally binding commitments to fund loans...
Comparable to 'Allowance for Credit Losses on Off-Balance Sheet Exposures' at commercial banks.
kref_segment_philadelphia_expected_loss_reserve_for_unfunded_loan_commitments| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|
| Value | $23.80M | $23.70M | $22.00M | $20.90M |
| QoQ Change | — | -0.4% | -7.2% | -5.0% |