Sterling Bancorp (Southfield MI) Balance Sheet Health
Financial Health criteria checks 6/6
Sterling Bancorp (Southfield MI) has total assets of $2.4B and total equity of $327.3M. Total deposits are $2.0B, and total loans are $1.3B. It earns a Net Interest Margin of 2.7%. It has sufficient allowance for bad loans, which are currently at 0.7% of total loans. Cash and short-term investments are $651.4M.
Key information
7.4x
Asset to equity ratio
2.7%
Net interest margin
Total deposits | US$2.01b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.7% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$651.40m |
Recent financial health updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SBT's Assets to Equity ratio (7.4x) is low.
Allowance for Bad Loans: SBT has a sufficient allowance for bad loans (313%).
Low Risk Liabilities: 96% of SBT's liabilities are made up of primarily low risk sources of funding.
Loan Level: SBT has an appropriate level of Loans to Assets ratio (53%).
Low Risk Deposits: SBT's Loans to Deposits ratio (64%) is appropriate.
Level of Bad Loans: SBT has an appropriate level of bad loans (0.7%).