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22nd State Banking Company

IDRSSD: 449430
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
—
Profitability

Vital Signs Report — 2024-Q1

Per-quarter snapshot for 2024-Q1: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
77
/ 100
StableAs of 2024-Q1QoQ -13

Weighted composite of five pillars (Liquidity, Securities, Capitalization, Asset Quality, Reserves). Missing pillars are dropped from the denominator. See methodology footer.

Quarterly Headline

2024-Q1

Bank #449430 2024-Q1 Vital Signs Score: 77/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (watch).

Liquidity:Stable
Securities:Strong
Capitalization:Strong
Asset Quality:Stable
Reserves:Watch

Top 3 Watch Items

  1. watch
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 39.9% (Adjusted NPL + Performing Mods denominator).
  2. info
    90+ days past due elevated
    Asset Quality — 90+ PD 1.50%.
  3. info
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 2.40% (govt-guarantees stripped).

What changed this quarter

Compared to Q4 2023:
↓ -13 ptscomposite
  • Liquidity
    ↑ +5
  • Securities
    — —
  • Capitalization
    ↓ -1
  • Asset Quality
    ↓ -27
  • Reserves
    ↓ -44

The five pillars

Liquidity

StableQoQ +5
76
Sub-score

Liquidity is stable: brokered 6.1%, loans/deposits 82.9%, cash 3.7% of assets.

Cash / Assets
3.74%
Loans / Deposits
82.90%
Brokered %
6.12%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 0.0% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
0.00%
No watch items at this period.

Capitalization

StrongQoQ -1
99
Sub-score

Capital position is strong: Tier 1 RBC 13.69%, CET1 13.69%, leverage 11.36%.

Tier 1 RBC
13.69%
CET1
13.69%
Leverage
11.36%
No watch items at this period.

Asset Quality

StableQoQ -27
65
Sub-score

Asset quality is stable: Adjusted NPL 2.40%, Texas Ratio 14.2%, NCO YTD 0.07%.

Adjusted NPL
2.40%
Govt-guarantees stripped
Texas Ratio
14.2%
NCO YTD
0.07%
30-89 PD
1.20%
Band 0.3% / 3.0%
90+ PD
1.50%
Band 0.1% / 2.0%

Watch Items

  • infoAdjusted NPL above 2% — Adjusted NPL 2.40% (govt-guarantees stripped).
  • info90+ days past due elevated — 90+ PD 1.50%.

Reserves

WatchQoQ -44
41
Sub-score

Reserves are deteriorating: ALLL 1.51% of loans, coverage 63.7%, true coverage 39.9%.

ALLL / Loans
1.51%
Coverage
63.7%
True Loss Coverage
39.9%

Watch Items

  • watchTrue Loss Coverage Ratio below 50% — True coverage 39.9% (Adjusted NPL + Performing Mods denominator).

Methodology + sources

Vital Signs Score
Composite of five pillar sub-scores, each 0–100. Weights: Liquidity 20%, Securities 15%, Capitalization 25%, Asset Quality 25%, Reserves 15%. See functions/src/vitalSignsScore.ts for the complete formula and band anchors.
Period addressing
Per-quarter URLs accept "YYYY-Q{n}" (canonical), "YYYYqQ" (compact form), or "YYYY-MM-DD" quarter-end dates. All forms canonicalize to the same snapshot.
Source data
FFIEC Call Report Schedules RC, RC-A, RC-B, RC-E, RC-M, RC-N, RC-R, RI, and RI-B Pt I/II via CallReport_Financials + CallReport_FdicData (Visbanking nightly ingest).

Five-pillar framework follows industry-standard bank-health analytical conventions. Composite scoring is Visbanking's own.

Generated: 2026-05-12 16:32:57 UTC