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Bankwell Bank

IDRSSD: 3109043
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
72
/ 100
StableAs of 2024-Q1QoQ -2

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 #3109043 2024-Q1 Vital Signs Score: 72/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. info
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 47.9% (Adjusted NPL + Performing Mods denominator).
  2. info
    Brokered deposits above 30%
    Liquidity — Brokered 31.0% of deposits (threshold 30%).
  3. info
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 2.05% (govt-guarantees stripped).

What changed this quarter

Compared to Q4 2023:
↓ -2 ptscomposite
  • Liquidity
    ↓ -2
  • Securities
    — —
  • Capitalization
    ↑ +4
  • Asset Quality
    ↓ -7
  • Reserves
    ↓ -3

The five pillars

Liquidity

StableQoQ -2
61
Sub-score

Liquidity is stable: brokered 31.0%, loans/deposits 98.6%, cash 7.8% of assets.

Cash / Assets
7.77%
Loans / Deposits
98.58%
Brokered %
30.99%

Watch Items

  • infoBrokered deposits above 30% — Brokered 31.0% of deposits (threshold 30%).

Securities

Strong
100
Sub-score

Securities profile is strong: securities 2.5% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
2.48%
No watch items at this period.

Capitalization

StrongQoQ +4
82
Sub-score

Capital position is strong: Tier 1 RBC 11.60%, CET1 11.60%, leverage 10.08%.

Tier 1 RBC
11.60%
CET1
11.60%
Leverage
10.08%
No watch items at this period.

Asset Quality

StrongQoQ -7
80
Sub-score

Asset quality is strong: Adjusted NPL 2.05%, Texas Ratio 15.4%, NCO YTD 0.54%.

Adjusted NPL
2.05%
Govt-guarantees stripped
Texas Ratio
15.4%
NCO YTD
0.54%
30-89 PD
0.20%
Band 0.3% / 3.0%
90+ PD
0.29%
Band 0.1% / 2.0%

Watch Items

  • infoAdjusted NPL above 2% — Adjusted NPL 2.05% (govt-guarantees stripped).

Reserves

RiskQoQ -3
27
Sub-score

Reserves are weak: ALLL 1.05% of loans, coverage 51.7%, true coverage 47.9%.

ALLL / Loans
1.05%
Coverage
51.7%
True Loss Coverage
47.9%

Watch Items

  • infoTrue Loss Coverage Ratio below 50% — True coverage 47.9% (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: 2026-05-14 03:36:50 UTC