First Niles Financial Balance Sheet Health
Financial Health criteria checks 6/6
First Niles Financial has total assets of $133.9M and total equity of $13.1M. Total deposits are $83.5M, and total loans are $91.0M. It earns a Net Interest Margin of 2.7%. It has sufficient allowance for bad loans, which are currently at 0.2% of total loans. Cash and short-term investments are $7.6M.
Key information
10.2x
Asset to equity ratio
2.7%
Net interest margin
Total deposits | US$83.49m |
Loan to deposit ratio | Appropriate |
Bad loans | 0.2% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$7.57m |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FNFI's Assets to Equity ratio (10.2x) is moderate.
Allowance for Bad Loans: FNFI has a sufficient allowance for bad loans (451%).
Low Risk Liabilities: 69% of FNFI's liabilities are made up of primarily low risk sources of funding.
Loan Level: FNFI has an appropriate level of Loans to Assets ratio (68%).
Low Risk Deposits: FNFI's Loans to Deposits ratio (109%) is appropriate.
Level of Bad Loans: FNFI has an appropriate level of bad loans (0.2%).