Independent Bank Group Balance Sheet Health
Financial Health criteria checks 6/6
Independent Bank Group has total assets of $18.9B and total equity of $2.4B. Total deposits are $15.7B, and total loans are $-148.4M. It earns a Net Interest Margin of 2.8%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $730.9M.
Key information
7.9x
Asset to equity ratio
2.8%
Net interest margin
Total deposits | US$15.67b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.4% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$730.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: I3B's Assets to Equity ratio (7.9x) is low.
Allowance for Bad Loans: I3B has a sufficient allowance for bad loans (264%).
Low Risk Liabilities: 95% of I3B's liabilities are made up of primarily low risk sources of funding.
Loan Level: I3B has an appropriate level of Loans to Assets ratio (-1%).
Low Risk Deposits: I3B's Loans to Deposits ratio (-1%) is appropriate.
Level of Bad Loans: I3B has an appropriate level of bad loans (0.4%).