Blue Foundry Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Blue Foundry Bancorp has total assets of $2.1B and total equity of $339.3M. 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 0.3% of total loans. Cash and short-term investments are $82.1M.
Key information
6.1x
Asset to equity ratio
2.1%
Net interest margin
| Total deposits | US$1.32b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$82.09m |
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 (6.1x) is low.
Allowance for Bad Loans: 5P8 has a sufficient allowance for bad loans (253%).
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 (75%).
Low Risk Deposits: 5P8's Loans to Deposits ratio (117%) is appropriate.
Level of Bad Loans: 5P8 has an appropriate level of bad loans (0.3%).