First Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
First Bancshares has total assets of $539.5M and total equity of $55.2M. Total deposits are $478.0M, and total loans are $412.7M. It earns a Net Interest Margin of 4.1%. It has sufficient allowance for bad loans, which are currently at 0.1% of total loans. Cash and short-term investments are $83.0M.
Key information
9.8x
Asset to equity ratio
4.1%
Net interest margin
Total deposits | US$478.04m |
Loan to deposit ratio | Appropriate |
Bad loans | 0.1% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$82.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FBSI's Assets to Equity ratio (9.8x) is low.
Allowance for Bad Loans: FBSI has a sufficient allowance for bad loans (1082%).
Low Risk Liabilities: 99% of FBSI's liabilities are made up of primarily low risk sources of funding.
Loan Level: FBSI has an appropriate level of Loans to Assets ratio (76%).
Low Risk Deposits: FBSI's Loans to Deposits ratio (86%) is appropriate.
Level of Bad Loans: FBSI has an appropriate level of bad loans (0.1%).