MetroCity Bankshares Balance Sheet Health
Financial Health criteria checks 5/6
MetroCity Bankshares has total assets of $3.6B and total equity of $396.6M. Total deposits are $2.8B, and total loans are $3.1B earning a Net Interest Margin of 3.1%. It has insufficient allowance for bad loans, which are currently at 0.9% of total loans. Cash and short-term investments are $297.5M.
Key information
9.2x
Asset to equity ratio
3.1%
Net interest margin
Total deposits | US$2.81b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.9% |
Allowance for bad loans | Low |
Current ratio | Low |
Cash & equivalents | US$297.52m |
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 (9.2x) is low.
Allowance for Bad Loans: 7IR has a low allowance for bad loans (62%).
Low Risk Liabilities: 87% 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 (85%).
Low Risk Deposits: 7IR's Loans to Deposits ratio (110%) is appropriate.
Level of Bad Loans: 7IR has an appropriate level of bad loans (0.9%).