Quaint Oak Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Quaint Oak Bancorp has total assets of $701.6M and total equity of $51.4M. Total deposits are $583.4M, and total loans are $547.3M. It earns a Net Interest Margin of 2.4%. It has sufficient allowance for bad loans, which are currently at 1% of total loans. Cash and short-term investments are $62.3M.
Key information
13.7x
Asset to equity ratio
2.4%
Net interest margin
| Total deposits | US$583.42m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.0% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$62.25m |
Recent financial health updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: QNTO's Assets to Equity ratio (13.7x) is moderate.
Allowance for Bad Loans: QNTO has a sufficient allowance for bad loans (127%).
Low Risk Liabilities: 90% of QNTO's liabilities are made up of primarily low risk sources of funding.
Loan Level: QNTO has an appropriate level of Loans to Assets ratio (78%).
Low Risk Deposits: QNTO's Loans to Deposits ratio (94%) is appropriate.
Level of Bad Loans: QNTO has an appropriate level of bad loans (1%).