Primary Bank Balance Sheet Health
Financial Health criteria checks 6/6
Primary Bank has total assets of $694.0M and total equity of $88.3M. Total deposits are $600.8M, and total loans are $584.2M.
Key information
7.9x
Asset to equity ratio
n/a
Net interest margin
Total deposits | US$600.78m |
Loan to deposit ratio | Appropriate |
Bad loans | 0.7% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$91.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: PRMY's Assets to Equity ratio (7.9x) is low.
Allowance for Bad Loans: PRMY has a sufficient allowance for bad loans (145%).
Low Risk Liabilities: 99% of PRMY's liabilities are made up of primarily low risk sources of funding.
Loan Level: PRMY has an appropriate level of Loans to Assets ratio (84%).
Low Risk Deposits: PRMY's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: PRMY has an appropriate level of bad loans (0.7%).