Prime Meridian Holding Balance Sheet Health
Financial Health criteria checks 6/6
Prime Meridian Holding has total assets of $862.7M and total equity of $81.4M. Total deposits are $751.7M, and total loans are $666.8M. 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 $26.0M.
Key information
10.6x
Asset to equity ratio
3.8%
Net interest margin
| Total deposits | US$751.71m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.5% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$25.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: PMHG's Assets to Equity ratio (10.6x) is moderate.
Allowance for Bad Loans: PMHG has a sufficient allowance for bad loans (168%).
Low Risk Liabilities: 96% of PMHG's liabilities are made up of primarily low risk sources of funding.
Loan Level: PMHG has an appropriate level of Loans to Assets ratio (77%).
Low Risk Deposits: PMHG's Loans to Deposits ratio (89%) is appropriate.
Level of Bad Loans: PMHG has an appropriate level of bad loans (0.5%).