Southside Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
Southside Bancshares has total assets of $8.4B and total equity of $787.9M. Total deposits are $6.5B, and total loans are $4.5B. It earns a Net Interest Margin of 3.1%. It has sufficient allowance for bad loans, which are currently at 0.2% of total loans. Cash and short-term investments are $470.4M.
Key information
10.6x
Asset to equity ratio
3.1%
Net interest margin
Total deposits | US$6.55b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.2% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$470.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SU7's Assets to Equity ratio (10.6x) is moderate.
Allowance for Bad Loans: SU7 has a sufficient allowance for bad loans (554%).
Low Risk Liabilities: 87% of SU7's liabilities are made up of primarily low risk sources of funding.
Loan Level: SU7 has an appropriate level of Loans to Assets ratio (54%).
Low Risk Deposits: SU7's Loans to Deposits ratio (69%) is appropriate.
Level of Bad Loans: SU7 has an appropriate level of bad loans (0.2%).