Bogota Financial Balance Sheet Health
Financial Health criteria checks 5/6
Bogota Financial has total assets of $939.3M and total equity of $137.2M. Total deposits are $625.3M, and total loans are $714.7M earning a Net Interest Margin of 1.7%. It has insufficient allowance for bad loans, which are currently at 1.8% of total loans. Cash and short-term investments are $25.2M.
Key information
6.8x
Asset to equity ratio
1.7%
Net interest margin
| Total deposits | US$625.35m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.8% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$25.17m |
Recent financial health updates
No updates
Recent updates
Bogota Financial gets approval to buy back up to ~556.6K shares
Oct 04Is Now The Time To Put Bogota Financial (NASDAQ:BSBK) On Your Watchlist?
May 18
Bogota Financial reports Q1 results
May 04How Much Are Bogota Financial Corp. (NASDAQ:BSBK) Insiders Spending On Buying Shares?
Feb 19
Would Shareholders Who Purchased Bogota Financial's (NASDAQ:BSBK) Stock Year Be Happy With The Share price Today?
Jan 15Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BSBK's Assets to Equity ratio (6.8x) is low.
Allowance for Bad Loans: BSBK has a low allowance for bad loans (22%).
Low Risk Liabilities: 78% of BSBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: BSBK has an appropriate level of Loans to Assets ratio (76%).
Low Risk Deposits: BSBK's Loans to Deposits ratio (114%) is appropriate.
Level of Bad Loans: BSBK has an appropriate level of bad loans (1.8%).