South Plains Financial Balance Sheet Health
Financial Health criteria checks 6/6
South Plains Financial has total assets of $4.3B and total equity of $443.1M. Total deposits are $3.7B, and total loans are $3.0B. It earns a Net Interest Margin of 3.6%. It has sufficient allowance for bad loans, which are currently at 0.8% of total loans. Cash and short-term investments are $483.2M.
Key information
9.8x
Asset to equity ratio
3.6%
Net interest margin
| Total deposits | US$3.72b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.8% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$483.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 4S4's Assets to Equity ratio (9.8x) is low.
Allowance for Bad Loans: 4S4 has a sufficient allowance for bad loans (174%).
Low Risk Liabilities: 96% of 4S4's liabilities are made up of primarily low risk sources of funding.
Loan Level: 4S4 has an appropriate level of Loans to Assets ratio (69%).
Low Risk Deposits: 4S4's Loans to Deposits ratio (81%) is appropriate.
Level of Bad Loans: 4S4 has an appropriate level of bad loans (0.8%).