Southern BancShares (N.C.) Balance Sheet Health
Financial Health criteria checks 6/6
Southern BancShares (N.C.) has total assets of $5.1B and total equity of $508.1M. Total deposits are $4.2B, and total loans are $3.2B.
Key information
10x
Asset to equity ratio
n/a
Net interest margin
| Total deposits | US$4.18b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.2% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$106.80m |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SBNC.M's Assets to Equity ratio (10x) is moderate.
Allowance for Bad Loans: SBNC.M has a sufficient allowance for bad loans (441%).
Low Risk Liabilities: 91% of SBNC.M's liabilities are made up of primarily low risk sources of funding.
Loan Level: SBNC.M has an appropriate level of Loans to Assets ratio (62%).
Low Risk Deposits: SBNC.M's Loans to Deposits ratio (76%) is appropriate.
Level of Bad Loans: SBNC.M has an appropriate level of bad loans (0.2%).