NB Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
NB Bancorp has total assets of $4.7B and total equity of $733.8M. Total deposits are $3.8B, and total loans are $3.9B. It earns a Net Interest Margin of 3.4%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $344.3M.
Key information
6.3x
Asset to equity ratio
3.4%
Net interest margin
Total deposits | US$3.77b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.3% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$344.32m |
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: NBBK's Assets to Equity ratio (6.3x) is low.
Allowance for Bad Loans: NBBK has a sufficient allowance for bad loans (317%).
Low Risk Liabilities: 96% of NBBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: NBBK has an appropriate level of Loans to Assets ratio (84%).
Low Risk Deposits: NBBK's Loans to Deposits ratio (104%) is appropriate.
Level of Bad Loans: NBBK has an appropriate level of bad loans (0.3%).