Northway Financial Balance Sheet Health
Financial Health criteria checks 6/6
Northway Financial has total assets of $1.2B and total equity of $79.7M. Total deposits are $1.0B, and total loans are $900.5M. It earns a Net Interest Margin of 2.6%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $22.6M.
Key information
15.3x
Asset to equity ratio
2.6%
Net interest margin
| Total deposits | US$1.01b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$22.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: NWYF's Assets to Equity ratio (15.3x) is moderate.
Allowance for Bad Loans: NWYF has a sufficient allowance for bad loans (381%).
Low Risk Liabilities: 89% of NWYF's liabilities are made up of primarily low risk sources of funding.
Loan Level: NWYF has an appropriate level of Loans to Assets ratio (74%).
Low Risk Deposits: NWYF's Loans to Deposits ratio (89%) is appropriate.
Level of Bad Loans: NWYF has an appropriate level of bad loans (0.3%).