Mercer Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Mercer Bancorp has total assets of $169.4M and total equity of $23.4M. Total deposits are $131.9M, and total loans are $134.1M. It earns a Net Interest Margin of 3.8%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $8.0M.
Key information
7.3x
Asset to equity ratio
3.8%
Net interest margin
Total deposits | US$131.94m |
Loan to deposit ratio | Appropriate |
Bad loans | 0.5% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$8.03m |
Recent financial health updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MSBB's Assets to Equity ratio (7.3x) is low.
Allowance for Bad Loans: MSBB has a sufficient allowance for bad loans (143%).
Low Risk Liabilities: 90% of MSBB's liabilities are made up of primarily low risk sources of funding.
Loan Level: MSBB has an appropriate level of Loans to Assets ratio (79%).
Low Risk Deposits: MSBB's Loans to Deposits ratio (102%) is appropriate.
Level of Bad Loans: MSBB has an appropriate level of bad loans (0.5%).