Summit Bank Group Balance Sheet Health
Financial Health criteria checks 6/6
Summit Bank Group has total assets of $1.1B and total equity of $95.7M. Total deposits are $916.9M, and total loans are $909.9M.
Key information
11.3x
Asset to equity ratio
n/a
Net interest margin
Total deposits | US$916.94m |
Loan to deposit ratio | Appropriate |
Bad loans | 0.2% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$35.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SBKO's Assets to Equity ratio (11.3x) is moderate.
Allowance for Bad Loans: SBKO has a sufficient allowance for bad loans (752%).
Low Risk Liabilities: 93% 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 (84%).
Low Risk Deposits: SBKO's Loans to Deposits ratio (99%) is appropriate.
Level of Bad Loans: SBKO has an appropriate level of bad loans (0.2%).