Wayne Savings Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
Wayne Savings Bancshares has total assets of $809.9M and total equity of $53.0M. Total deposits are $693.1M, and total loans are $669.6M. It earns a Net Interest Margin of 3%. It has sufficient allowance for bad loans, which are currently at 0.06% of total loans. Cash and short-term investments are $20.9M.
Key information
15.3x
Asset to equity ratio
3.0%
Net interest margin
Total deposits | US$693.13m |
Loan to deposit ratio | Appropriate |
Bad loans | 0.06% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$20.88m |
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 (15.3x) is moderate.
Allowance for Bad Loans: WAYN has a sufficient allowance for bad loans (1794%).
Low Risk Liabilities: 92% 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 (97%) is appropriate.
Level of Bad Loans: WAYN has an appropriate level of bad loans (0.1%).