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Bankwell Bank

IDRSSD: 3109043
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
—
Profitability

Vital Signs Report — 2024-Q3

Per-quarter snapshot for 2024-Q3: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
67
/ 100
StableAs of 2024-Q3QoQ -8

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

Quarterly Headline

2024-Q3

Bank #3109043 2024-Q3 Vital Signs Score: 67/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. watch
    Net charge-offs elevated
    Asset Quality — NCO YTD 2.25% of loans.
  2. info
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 40.9% (Adjusted NPL + Performing Mods denominator).
  3. info
    ALLL / NPL below 50%
    Reserves — Coverage 42.3% (regulatory soft-warning level 50%).

What changed this quarter

Compared to Q2 2024:
↓ -8 ptscomposite
  • Liquidity
    ↑ +4
  • Securities
    — —
  • Capitalization
    ↑ +1
  • Asset Quality
    ↓ -21
  • Reserves
    ↓ -22

The five pillars

Liquidity

StableQoQ +4
65
Sub-score

Liquidity is stable: brokered 29.0%, loans/deposits 96.0%, cash 8.7% of assets.

Cash / Assets
8.74%
Loans / Deposits
95.96%
Brokered %
29.01%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 3.1% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
3.12%
No watch items at this period.

Capitalization

StableQoQ +1
77
Sub-score

Capital position is stable: Tier 1 RBC 11.80%, CET1 11.80%, leverage 10.23%.

Tier 1 RBC
11.80%
CET1
11.80%
Leverage
10.23%
No watch items at this period.

Asset Quality

StableQoQ -21
64
Sub-score

Asset quality is stable: Adjusted NPL 2.53%, Texas Ratio 18.7%, NCO YTD 2.25%.

Adjusted NPL
2.53%
Govt-guarantees stripped
Texas Ratio
18.7%
NCO YTD
2.25%
30-89 PD
0.40%
Band 0.3% / 3.0%
90+ PD
0.00%
Band 0.1% / 2.0%

Watch Items

  • infoAdjusted NPL above 2% — Adjusted NPL 2.53% (govt-guarantees stripped).
  • watchNet charge-offs elevated — NCO YTD 2.25% of loans.

Reserves

RiskQoQ -22
24
Sub-score

Reserves are weak: ALLL 1.06% of loans, coverage 42.3%, true coverage 40.9%.

ALLL / Loans
1.06%
Coverage
42.3%
True Loss Coverage
40.9%

Watch Items

  • infoALLL / NPL below 50% — Coverage 42.3% (regulatory soft-warning level 50%).
  • infoTrue Loss Coverage Ratio below 50% — True coverage 40.9% (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