Peoples Bancorp of North Carolina PEBK Provision (benefit) for other credit losses
Provision (benefit) for other credit losses at other companies
Other financials
Where this comes from
Reported directly by Peoples Bancorp of North Carolina in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForOtherCreditLosses.
The official record: Peoples Bancorp of North Carolina’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Peoples Bancorp of North Carolina's provision (benefit) for other credit losses?
- Peoples Bancorp of North Carolina (PEBK) reported provision (benefit) for other credit losses of $560K in Q1 2026.
- How has Peoples Bancorp of North Carolina's provision (benefit) for other credit losses changed year-over-year?
- Peoples Bancorp of North Carolina's provision (benefit) for other credit losses increased by 109.0% year-over-year, from $268K to $560K.
- What is the long-term trend for Peoples Bancorp of North Carolina's provision (benefit) for other credit losses?
- Over 4 years (2021 to 2025), Peoples Bancorp of North Carolina's provision (benefit) for other credit losses has grown at a -5.2% compound annual growth rate (CAGR), from -$1.16M to $938K.
- What does provision (benefit) for other credit losses mean?
- This represents the periodic expense set aside to cover potential losses from non-loan credit exposures, such as off-balance sheet commitments or investment securities. It reflects management's assessment of credit risk and the adequacy of reserves against future economic uncertainty.