1ST SUMMIT BANCORP of Johnstown Balance Sheet Health
Financial Health criteria checks 6/6
1ST SUMMIT BANCORP of Johnstown has total assets of $1.4B and total equity of $101.5M. Total deposits are $1.2B, and total loans are $754.5M. It earns a Net Interest Margin of 2.1%. It has sufficient allowance for bad loans, which are currently at 1% of total loans. Cash and short-term investments are $13.3M.
Key information
13.5x
Asset to equity ratio
2.1%
Net interest margin
| Total deposits | US$1.19b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.0% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$13.35m |
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: FSMK's Assets to Equity ratio (13.5x) is moderate.
Allowance for Bad Loans: FSMK has a sufficient allowance for bad loans (104%).
Low Risk Liabilities: 93% of FSMK's liabilities are made up of primarily low risk sources of funding.
Loan Level: FSMK has an appropriate level of Loans to Assets ratio (55%).
Low Risk Deposits: FSMK's Loans to Deposits ratio (64%) is appropriate.
Level of Bad Loans: FSMK has an appropriate level of bad loans (1%).