MetroCity Bankshares Balance Sheet Health
Financial Health criteria checks 6/6
MetroCity Bankshares has total assets of $3.6B and total equity of $407.2M. Total deposits are $2.7B, and total loans are $3.1B. It earns a Net Interest Margin of 3.1%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $310.1M.
Key information
8.8x
Asset to equity ratio
3.1%
Net interest margin
| Total deposits | US$2.72b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.5% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$310.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 7IR's Assets to Equity ratio (8.8x) is low.
Allowance for Bad Loans: 7IR has a sufficient allowance for bad loans (130%).
Low Risk Liabilities: 86% of 7IR's liabilities are made up of primarily low risk sources of funding.
Loan Level: 7IR has an appropriate level of Loans to Assets ratio (86%).
Low Risk Deposits: 7IR's Loans to Deposits ratio (113%) is appropriate.
Level of Bad Loans: 7IR has an appropriate level of bad loans (0.5%).