Source:
Board of Governors of the Federal Reserve System (US)
Release:
H.8 Assets and Liabilities of Commercial Banks in the United States
Units:
Billions of U.S. Dollars, Seasonally Adjusted
Frequency:
Monthly
Notes:
Allowance for Loan and Lease Losses is a contra asset account. A contra asset account is an item that is entered on the asset side of the balance sheet of a corporation or entity even though the item has a credit or negative balance.
For further information, please refer to the Board of Governors of the Federal Reserve System's H.8 release, online at http://www.federalreserve.gov/releases/h8/.
Suggested Citation:
Board of Governors of the Federal Reserve System (US),
LESS: Allowance for Loan and Lease Losses, Large Domestically Chartered Commercial Banks [ALLLCBM027SBOG],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/ALLLCBM027SBOG,
January 20, 2021.