First Bank Balance Sheet Health
Financial Health criteria checks 6/6
First Bank has total assets of $3.6B and total equity of $382.3M. Total deposits are $3.0B, and total loans are $3.0B. It earns a Net Interest Margin of 3.5%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $213.9M.
Key information
9.4x
Asset to equity ratio
3.5%
Net interest margin
Total deposits | US$2.97b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.6% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$213.92m |
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 (9.4x) is low.
Allowance for Bad Loans: 6UT has a sufficient allowance for bad loans (213%).
Low Risk Liabilities: 93% 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 (82%).
Low Risk Deposits: 6UT's Loans to Deposits ratio (100%) is appropriate.
Level of Bad Loans: 6UT has an appropriate level of bad loans (0.6%).