Southern Banc Company Balance Sheet Health
Financial Health criteria checks 6/6
Southern Banc Company has total assets of $107.0M and total equity of $14.0M. Total deposits are $87.1M, and total loans are $53.0M. It earns a Net Interest Margin of 7.8%. It has sufficient allowance for bad loans, which are currently at 1% of total loans. Cash and short-term investments are $11.1M.
Key information
7.7x
Asset to equity ratio
7.8%
Net interest margin
Total deposits | US$87.12m |
Loan to deposit ratio | Appropriate |
Bad loans | 1.0% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$11.14m |
Recent financial health updates
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Recent updates
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Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SRNN's Assets to Equity ratio (7.7x) is low.
Allowance for Bad Loans: SRNN has a sufficient allowance for bad loans (177%).
Low Risk Liabilities: 94% of SRNN's liabilities are made up of primarily low risk sources of funding.
Loan Level: SRNN has an appropriate level of Loans to Assets ratio (50%).
Low Risk Deposits: SRNN's Loans to Deposits ratio (61%) is appropriate.
Level of Bad Loans: SRNN has an appropriate level of bad loans (1%).