Northeast Bank Balance Sheet Health
Financial Health criteria checks 5/6
Northeast Bank has total assets of $3.0B and total equity of $351.9M. Total deposits are $2.2B, and total loans are $2.6B earning a Net Interest Margin of 5.2%. It has insufficient allowance for bad loans, which are currently at 1.1% of total loans. Cash and short-term investments are $205.2M.
Key information
8.5x
Asset to equity ratio
5.2%
Net interest margin
| Total deposits | US$2.23b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.1% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$205.15m |
Recent financial health updates
No updates
Recent updates
Northeast Bank declares $0.01 dividend
Jul 25Northeast Bank increases share repurchase program
Apr 26Does Northeast Bank (NASDAQ:NBN) Deserve A Spot On Your Watchlist?
Mar 11
If You Had Bought Northeast Bank (NASDAQ:NBN) Stock Five Years Ago, You Could Pocket A 191% Gain Today
Feb 12
Northeast Bank 2020 Q4 - Results - Earnings Call Presentation
Feb 01What Is The Ownership Structure Like For Northeast Bank (NASDAQ:NBN)?
Jan 22Have Insiders Been Buying Northeast Bank (NASDAQ:NBN) Shares?
Jan 01Should You Be Adding Northeast Bank (NASDAQ:NBN) To Your Watchlist Today?
Dec 11Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: NBN's Assets to Equity ratio (8.5x) is low.
Allowance for Bad Loans: NBN has a low allowance for bad loans (93%).
Low Risk Liabilities: 84% of NBN's liabilities are made up of primarily low risk sources of funding.
Loan Level: NBN has an appropriate level of Loans to Assets ratio (88%).
Low Risk Deposits: NBN's Loans to Deposits ratio (118%) is appropriate.
Level of Bad Loans: NBN has an appropriate level of bad loans (1.1%).