Eastern Michigan Financial Balance Sheet Health
Financial Health criteria checks 6/6
Eastern Michigan Financial has total assets of $539.9M and total equity of $40.4M. Total deposits are $497.4M, and total loans are $209.8M. It earns a Net Interest Margin of 3.4%. It has sufficient allowance for bad loans, which are currently at 0.8% of total loans. Cash and short-term investments are $29.7M.
Key information
13.4x
Asset to equity ratio
3.4%
Net interest margin
Total deposits | US$497.38m |
Loan to deposit ratio | Appropriate |
Bad loans | 0.8% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$29.70m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: EFIN's Assets to Equity ratio (13.4x) is moderate.
Allowance for Bad Loans: EFIN has a sufficient allowance for bad loans (147%).
Low Risk Liabilities: 100% of EFIN's liabilities are made up of primarily low risk sources of funding.
Loan Level: EFIN has an appropriate level of Loans to Assets ratio (39%).
Low Risk Deposits: EFIN's Loans to Deposits ratio (42%) is appropriate.
Level of Bad Loans: EFIN has an appropriate level of bad loans (0.8%).