Southern BancShares (N.C.) Balance Sheet Health
Financial Health criteria checks 6/6
Southern BancShares (N.C.) has total assets of $4.9B and total equity of $379.0M. Total deposits are $4.1B, and total loans are $3.0B.
Key information
12.9x
Asset to equity ratio
n/a
Net interest margin
Total deposits | US$4.09b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.3% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$116.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SBNC's Assets to Equity ratio (12.9x) is moderate.
Allowance for Bad Loans: SBNC has a sufficient allowance for bad loans (473%).
Low Risk Liabilities: 91% of SBNC's liabilities are made up of primarily low risk sources of funding.
Loan Level: SBNC has an appropriate level of Loans to Assets ratio (62%).
Low Risk Deposits: SBNC's Loans to Deposits ratio (74%) is appropriate.
Level of Bad Loans: SBNC has an appropriate level of bad loans (0.3%).