Blue Foundry Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Blue Foundry Bancorp has total assets of $2.0B and total equity of $350.2M. Total deposits are $1.3B, and total loans are $1.5B. It earns a Net Interest Margin of 2.1%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $53.8M.
Key information
5.8x
Asset to equity ratio
2.1%
Net interest margin
Total deposits | US$1.29b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.4% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$53.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 5P8's Assets to Equity ratio (5.8x) is low.
Allowance for Bad Loans: 5P8 has a sufficient allowance for bad loans (205%).
Low Risk Liabilities: 77% of 5P8's liabilities are made up of primarily low risk sources of funding.
Loan Level: 5P8 has an appropriate level of Loans to Assets ratio (76%).
Low Risk Deposits: 5P8's Loans to Deposits ratio (119%) is appropriate.
Level of Bad Loans: 5P8 has an appropriate level of bad loans (0.4%).