Prime Meridian Holding Balance Sheet Health
Financial Health criteria checks 6/6
Prime Meridian Holding has total assets of $931.6M and total equity of $88.5M. Total deposits are $824.0M, and total loans are $687.1M. It earns a Net Interest Margin of 3.8%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $97.8M.
Key information
10.5x
Asset to equity ratio
3.8%
Net interest margin
| Total deposits | US$823.99m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.4% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$97.82m |
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 (10.5x) is moderate.
Allowance for Bad Loans: PMHG has a sufficient allowance for bad loans (219%).
Low Risk Liabilities: 98% 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 (74%).
Low Risk Deposits: PMHG's Loans to Deposits ratio (83%) is appropriate.
Level of Bad Loans: PMHG has an appropriate level of bad loans (0.4%).