Carter Bankshares Balance Sheet Health
Financial Health criteria checks 4/6
Carter Bankshares has total assets of $4.5B and total equity of $364.4M. Total deposits are $3.9B, and total loans are $3.5B earning a Net Interest Margin of 2.9%. It has insufficient allowance for bad loans, which are currently at 8.5% of total loans. Cash and short-term investments are $81.3M.
Key information
12.4x
Asset to equity ratio
2.9%
Net interest margin
| Total deposits | US$3.88b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 8.5% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$81.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 6NH's Assets to Equity ratio (12.4x) is moderate.
Allowance for Bad Loans: 6NH has a low allowance for bad loans (32%).
Low Risk Liabilities: 93% of 6NH's liabilities are made up of primarily low risk sources of funding.
Loan Level: 6NH has an appropriate level of Loans to Assets ratio (76%).
Low Risk Deposits: 6NH's Loans to Deposits ratio (89%) is appropriate.
Level of Bad Loans: 6NH has a high level of bad loans (8.5%).