Rising provisions for loan losses normally are a cause for concern, but KeyCorp (KEY) Chief Executive Beth Mooney says she is not sweating it.

The Cleveland company reported a provision of $42 million in the first quarter, compared with a $40 million credit a year earlier and a $22 million credit in the fourth quarter. An examination of the provisions of eight major banks (see related chart) finds that KeyCorp set aside the second-lowest amount in the first quarter but was the only one to log an increase from the year-earlier period.

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