First Niles Financial Balance Sheet Health
Financial Health criteria checks 6/6
First Niles Financial has total assets of $150.1M and total equity of $13.7M. Total deposits are $84.4M, and total loans are $99.7M. It earns a Net Interest Margin of 2.4%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $14.9M.
Key information
11x
Asset to equity ratio
2.4%
Net interest margin
| Total deposits | US$84.36m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.4% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$14.94m |
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 (11x) is moderate.
Allowance for Bad Loans: FNFI has a sufficient allowance for bad loans (243%).
Low Risk Liabilities: 62% 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 (66%).
Low Risk Deposits: FNFI's Loans to Deposits ratio (118%) is appropriate.
Level of Bad Loans: FNFI has an appropriate level of bad loans (0.4%).