First Mid Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
First Mid Bancshares has total assets of $7.7B and total equity of $798.0M. Total deposits are $6.2B, and total loans are $5.4B. It earns a Net Interest Margin of 3.1%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $355.7M.
Key information
9.6x
Asset to equity ratio
3.1%
Net interest margin
Total deposits | US$6.24b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.4% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$355.70m |
Recent financial health updates
No updates
Recent updates
First Mid Bancshares (NASDAQ:FMBH) Has Affirmed Its Dividend Of $0.23
Nov 18First Mid Bancshares (NASDAQ:FMBH) Has Affirmed Its Dividend Of $0.23
Jul 30We Ran A Stock Scan For Earnings Growth And First Mid Bancshares (NASDAQ:FMBH) Passed With Ease
Mar 10First Mid Bancshares goes ex-dividend tomorrow
Aug 16First Mid Bancshares' (NASDAQ:FMBH) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 08The Attractive Combination That Could Earn First Mid Bancshares, Inc. (NASDAQ:FMBH) A Place In Your Dividend Portfolio
Mar 05First Mid Bancshares sees ~$2M one-off costs in 2021 on its branch optimization plans
Dec 04First Mid Bancshares goes ex-dividend on Monday
Nov 28First Mid Bancshares, Inc. (NASDAQ:FMBH) Looks Interesting, And It's About To Pay A Dividend
Nov 25First Mid Bancshares EPS beats by $0.07, beats on revenue
Oct 29Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FMBH's Assets to Equity ratio (9.6x) is low.
Allowance for Bad Loans: FMBH has a sufficient allowance for bad loans (339%).
Low Risk Liabilities: 91% of FMBH's liabilities are made up of primarily low risk sources of funding.
Loan Level: FMBH has an appropriate level of Loans to Assets ratio (71%).
Low Risk Deposits: FMBH's Loans to Deposits ratio (87%) is appropriate.
Level of Bad Loans: FMBH has an appropriate level of bad loans (0.4%).