This company has been acquired
Wayne Savings Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
Wayne Savings Bancshares has total assets of $818.2M and total equity of $53.0M. Total deposits are $712.8M, and total loans are $677.2M. It earns a Net Interest Margin of 3%. It has sufficient allowance for bad loans, which are currently at 0.05% of total loans. Cash and short-term investments are $24.3M.
Key information
15.4x
Asset to equity ratio
3.0%
Net interest margin
| Total deposits | US$712.76m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.05% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$24.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: WAYN's Assets to Equity ratio (15.4x) is moderate.
Allowance for Bad Loans: WAYN has a sufficient allowance for bad loans (2162%).
Low Risk Liabilities: 93% of WAYN's liabilities are made up of primarily low risk sources of funding.
Loan Level: WAYN has an appropriate level of Loans to Assets ratio (83%).
Low Risk Deposits: WAYN's Loans to Deposits ratio (95%) is appropriate.
Level of Bad Loans: WAYN has an appropriate level of bad loans (0%).