Summit Bank Group Balance Sheet Health
Financial Health criteria checks 6/6
Summit Bank Group has total assets of $1.3B and total equity of $105.6M. Total deposits are $1.1B, and total loans are $1.0B.
Key information
12.1x
Asset to equity ratio
n/a
Net interest margin
| Total deposits | US$1.14b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.2% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$168.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SBKO's Assets to Equity ratio (12.1x) is moderate.
Allowance for Bad Loans: SBKO has a sufficient allowance for bad loans (752%).
Low Risk Liabilities: 97% of SBKO's liabilities are made up of primarily low risk sources of funding.
Loan Level: SBKO has an appropriate level of Loans to Assets ratio (80%).
Low Risk Deposits: SBKO's Loans to Deposits ratio (90%) is appropriate.
Level of Bad Loans: SBKO has an appropriate level of bad loans (0.2%).