Seacoast Banking Corporation of Florida Balance Sheet Health
Financial Health criteria checks 6/6
Seacoast Banking of Florida has total assets of $15.2B and total equity of $2.2B. Total deposits are $12.2B, and total loans are $10.1B. It earns a Net Interest Margin of 3.8%. It has sufficient allowance for bad loans, which are currently at 0.8% of total loans. Cash and short-term investments are $643.0M.
Key information
6.9x
Asset to equity ratio
3.8%
Net interest margin
| Total deposits | US$12.24b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.8% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$642.96m |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SBG1's Assets to Equity ratio (6.9x) is low.
Allowance for Bad Loans: SBG1 has a sufficient allowance for bad loans (174%).
Low Risk Liabilities: 94% of SBG1's liabilities are made up of primarily low risk sources of funding.
Loan Level: SBG1 has an appropriate level of Loans to Assets ratio (66%).
Low Risk Deposits: SBG1's Loans to Deposits ratio (82%) is appropriate.
Level of Bad Loans: SBG1 has an appropriate level of bad loans (0.8%).