Sachem Capital Corp. Provision for Loan, Lease, and Other Losses increased by 991.9% to $5.37M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 410.6%, from $1.05M to $5.37M. Over 3 years (FY 2022 to FY 2025), Provision for Loan, Lease, and Other Losses shows an upward trend with a 215.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase suggests management anticipates higher credit risk or economic deterioration, while a decrease indicates improved credit quality or a more optimistic outlook.
This represents the non-cash expense charged to the income statement to build the allowance for credit losses. It reflec...
Standard across all commercial and retail banks; peers report this as 'Provision for Credit Losses'.
operating_provision_for_loan_lease_and_other_losses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $26.25K | $26.25K | $26.25K | $26.25K | $101.52K | $94.00K | -$131.00K | $5.52M | $1.37M | $8.50M | $8.10M | $8.96M | $1.05M | $925.00K | $812.00K | $492.00K | $5.37M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +286.7% | -7.4% | -239.4% | >999% | -75.3% | +522.9% | -4.8% | +10.7% | -88.3% | -12.1% | -12.2% | -39.4% | +991.9% |
| YoY Change | — | — | — | — | +286.7% | +258.1% | -599.0% | >999% | >999% | >999% | >999% | +62.3% | -22.9% | -89.1% | -90.0% | -94.5% | +410.6% |