Security Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Security Bancorp has total assets of $324.4M and total equity of $31.2M. Total deposits are $289.8M, and total loans are $235.1M. It earns a Net Interest Margin of 3.3%. It has sufficient allowance for bad loans, which are currently at 0.09% of total loans. Cash and short-term investments are $32.6M.
Key information
10.4x
Asset to equity ratio
3.3%
Net interest margin
Total deposits | US$289.81m |
Loan to deposit ratio | Appropriate |
Bad loans | 0.09% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$32.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SCYT's Assets to Equity ratio (10.4x) is moderate.
Allowance for Bad Loans: SCYT has a sufficient allowance for bad loans (1077%).
Low Risk Liabilities: 99% of SCYT's liabilities are made up of primarily low risk sources of funding.
Loan Level: SCYT has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: SCYT's Loans to Deposits ratio (81%) is appropriate.
Level of Bad Loans: SCYT has an appropriate level of bad loans (0.1%).