First Bank Balance Sheet Health
Financial Health criteria checks 6/6
First Bank has total assets of $3.8B and total equity of $402.1M. Total deposits are $3.1B, and total loans are $3.1B. It earns a Net Interest Margin of 3.5%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $314.1M.
Key information
9.3x
Asset to equity ratio
3.5%
Net interest margin
| Total deposits | US$3.05b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.4% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$314.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 6UT's Assets to Equity ratio (9.3x) is low.
Allowance for Bad Loans: 6UT has a sufficient allowance for bad loans (312%).
Low Risk Liabilities: 91% of 6UT's liabilities are made up of primarily low risk sources of funding.
Loan Level: 6UT has an appropriate level of Loans to Assets ratio (81%).
Low Risk Deposits: 6UT's Loans to Deposits ratio (100%) is appropriate.
Level of Bad Loans: 6UT has an appropriate level of bad loans (0.4%).