Northeast Indiana Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Northeast Indiana Bancorp has total assets of $519.9M and total equity of $49.2M. Total deposits are $419.8M, and total loans are $384.3M.
Key information
10.6x
Asset to equity ratio
n/a
Net interest margin
| Total deposits | US$419.81m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$16.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: NIDB's Assets to Equity ratio (10.6x) is moderate.
Allowance for Bad Loans: NIDB has a sufficient allowance for bad loans (125%).
Low Risk Liabilities: 89% of NIDB's liabilities are made up of primarily low risk sources of funding.
Loan Level: NIDB has an appropriate level of Loans to Assets ratio (74%).
Low Risk Deposits: NIDB's Loans to Deposits ratio (92%) is appropriate.
Level of Bad Loans: NIDB has an appropriate level of bad loans (1.3%).