TrustCo Bank Corp NY Balance Sheet Health
Financial Health criteria checks 6/6
TrustCo Bank Corp NY has total assets of $6.1B and total equity of $669.0M. Total deposits are $5.3B, and total loans are $5.0B. It earns a Net Interest Margin of 2.9%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $523.0M.
Key information
9.1x
Asset to equity ratio
2.9%
Net interest margin
| Total deposits | US$5.26b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.4% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$522.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: TC50's Assets to Equity ratio (9.1x) is low.
Allowance for Bad Loans: TC50 has a sufficient allowance for bad loans (257%).
Low Risk Liabilities: 97% of TC50's liabilities are made up of primarily low risk sources of funding.
Loan Level: TC50 has an appropriate level of Loans to Assets ratio (82%).
Low Risk Deposits: TC50's Loans to Deposits ratio (95%) is appropriate.
Level of Bad Loans: TC50 has an appropriate level of bad loans (0.4%).