Allowance for credit losses
Sachem Capital Corp. Allowance for credit losses decreased by 1.0% to $15.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 34.4%, from $23.92M to $15.70M. Over 3 years (FY 2022 to FY 2025), Allowance for credit losses shows an upward trend with a 432.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher expected defaults or a more conservative risk assessment, while a decrease suggests improved borrower creditworthiness.
Detailed definition
A contra-asset account representing the estimated amount of uncollectible loans and receivables within the company's len...
Peer comparison
Standard for financial institutions; peers with higher-risk loan portfolios will typically maintain higher allowance ratios.
bank_allowance_for_credit_lossesHistorical Data
| Q4 '22 | Q1 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $105.00K | $7.52M | $9.29M | $8.05M | $14.41M | $20.21M | $23.66M | $23.92M | $23.42M | $15.79M | $15.86M | $15.70M |
| QoQ Change | — | >999% | +23.4% | -13.3% | +78.9% | +40.3% | +17.1% | +1.1% | -2.1% | -32.6% | +0.5% | -1.0% |
| YoY Change | — | — | >999% | +7.0% | — | — | +154.8% | +197.1% | +62.6% | -21.9% | -33.0% | -34.4% |
Allowance for credit losses at Other Companies
Frequently Asked Questions
- What is Sachem Capital Corp.'s allowance for credit losses?
- Sachem Capital Corp. (SACH) reported allowance for credit losses of $15.70M in Q1 2026.
- How has Sachem Capital Corp.'s allowance for credit losses changed year-over-year?
- Sachem Capital Corp.'s allowance for credit losses decreased by 34.4% year-over-year, from $23.92M to $15.70M.
- What is the long-term trend for Sachem Capital Corp.'s allowance for credit losses?
- Over 3 years (2022 to 2025), Sachem Capital Corp.'s allowance for credit losses has grown at a 432.6% compound annual growth rate (CAGR), from $105.00K to $15.86M.
- What does allowance for credit losses mean?
- The reserve set aside to cover potential losses from loans that may not be repaid.