Heritage Commerce Balance Sheet Health
Financial Health criteria checks 6/6
Heritage Commerce has total assets of $5.3B and total equity of $676.3M. Total deposits are $4.4B, and total loans are $3.3B. It earns a Net Interest Margin of 3.7%. It has sufficient allowance for bad loans, which are currently at 0.2% of total loans. Cash and short-term investments are $32.5M.
Key information
7.8x
Asset to equity ratio
3.7%
Net interest margin
Total deposits | US$4.44b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.2% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$32.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: XHC's Assets to Equity ratio (7.8x) is low.
Allowance for Bad Loans: XHC has a sufficient allowance for bad loans (608%).
Low Risk Liabilities: 97% of XHC's liabilities are made up of primarily low risk sources of funding.
Loan Level: XHC has an appropriate level of Loans to Assets ratio (63%).
Low Risk Deposits: XHC's Loans to Deposits ratio (74%) is appropriate.
Level of Bad Loans: XHC has an appropriate level of bad loans (0.2%).