First Sound Bank Balance Sheet Health
Financial Health criteria checks 6/6
First Sound Bank has total assets of $160.9M and total equity of $15.0M. Total deposits are $122.1M, and total loans are $136.5M.
Key information
10.7x
Asset to equity ratio
n/a
Net interest margin
| Total deposits | US$122.11m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.0% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$12.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FSWA's Assets to Equity ratio (10.7x) is moderate.
Allowance for Bad Loans: FSWA has a sufficient allowance for bad loans (119%).
Low Risk Liabilities: 84% of FSWA's liabilities are made up of primarily low risk sources of funding.
Loan Level: FSWA has an appropriate level of Loans to Assets ratio (85%).
Low Risk Deposits: FSWA's Loans to Deposits ratio (112%) is appropriate.
Level of Bad Loans: FSWA has an appropriate level of bad loans (1%).