Richmond Mutual Bancorporation Balance Sheet Health
Financial Health criteria checks 6/6
Richmond Mutual Bancorporation has total assets of $1.5B and total equity of $134.9M. Total deposits are $1.0B, and total loans are $1.1B. It earns a Net Interest Margin of 2.8%. It has sufficient allowance for bad loans, which are currently at 0.7% of total loans. Cash and short-term investments are $12.0M.
Key information
10.8x
Asset to equity ratio
2.8%
Net interest margin
| Total deposits | US$1.04b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.7% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$12.02m |
Recent financial health updates
No updates
Recent updates
Do Richmond Mutual Bancorporation's (NASDAQ:RMBI) Earnings Warrant Your Attention?
Jul 25
Richmond Mutual GAAP EPS of $0.31, revenue of $11.73M
Jul 22Richmond Mutual Bancorporation (NASDAQ:RMBI) Is Increasing Its Dividend To US$0.10
Feb 21Should You Buy Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) For Its Upcoming Dividend?
Feb 27Is Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) Popular Amongst Insiders?
Jan 20
If You Had Bought Richmond Mutual Bancorporation's (NASDAQ:RMBI) Shares A Year Ago You Would Be Down 11%
Dec 24Income Investors Should Know That Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) Goes Ex-Dividend Soon
Nov 28Richmond Mutual declares $0.05 dividend
Nov 18Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: RMBI's Assets to Equity ratio (10.8x) is moderate.
Allowance for Bad Loans: RMBI has a sufficient allowance for bad loans (196%).
Low Risk Liabilities: 79% of RMBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: RMBI has an appropriate level of Loans to Assets ratio (75%).
Low Risk Deposits: RMBI's Loans to Deposits ratio (105%) is appropriate.
Level of Bad Loans: RMBI has an appropriate level of bad loans (0.7%).