Mechanics Bank Balance Sheet Health
Financial Health criteria checks 6/6
Mechanics Bank has total assets of $18.1B and total equity of $2.1B. Total deposits are $15.5B, and total loans are $11.9B.
Key information
8.5x
Asset to equity ratio
n/a
Net interest margin
Total deposits | US$15.50b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.3% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$359.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MCHB's Assets to Equity ratio (8.5x) is low.
Allowance for Bad Loans: MCHB has a sufficient allowance for bad loans (305%).
Low Risk Liabilities: 97% of MCHB's liabilities are made up of primarily low risk sources of funding.
Loan Level: MCHB has an appropriate level of Loans to Assets ratio (66%).
Low Risk Deposits: MCHB's Loans to Deposits ratio (77%) is appropriate.
Level of Bad Loans: MCHB has an appropriate level of bad loans (0.3%).