Northfield Bancorp NFBK Provision for Credit Losses
Provision for Credit Losses at other companies
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Where this comes from
Reported directly by Northfield Bancorp in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.
The official record: Northfield Bancorp’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Northfield Bancorp's provision for credit losses?
- Northfield Bancorp (NFBK) reported provision for credit losses of $247K in Q1 2026.
- How has Northfield Bancorp's provision for credit losses changed year-over-year?
- Northfield Bancorp's provision for credit losses decreased by 90.4% year-over-year, from $2.58M to $247K.
- What is the long-term trend for Northfield Bancorp's provision for credit losses?
- Over 4 years (2021 to 2025), Northfield Bancorp's provision for credit losses has grown at a 1.6% compound annual growth rate (CAGR), from -$6.94M to $7.4M.
- What does provision for credit losses mean?
- This represents the expense recognized by the bank to maintain an adequate allowance for potential credit losses on its loan portfolio. It reflects management's assessment of the risk inherent in the lending activities and directly impacts the net income reported for the period.