First Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
First Bancshares has total assets of $8.0B and total equity of $1.0B. Total deposits are $6.6B, and total loans are $5.3B. It earns a Net Interest Margin of 3.6%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $224.9M.
Key information
7.9x
Asset to equity ratio
3.6%
Net interest margin
| Total deposits | US$6.56b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$224.87m |
Recent financial health updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 3RY's Assets to Equity ratio (7.9x) is low.
Allowance for Bad Loans: 3RY has a sufficient allowance for bad loans (342%).
Low Risk Liabilities: 94% of 3RY's liabilities are made up of primarily low risk sources of funding.
Loan Level: 3RY has an appropriate level of Loans to Assets ratio (66%).
Low Risk Deposits: 3RY's Loans to Deposits ratio (80%) is appropriate.
Level of Bad Loans: 3RY has an appropriate level of bad loans (0.3%).