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Ergo Bank

IDRSSD: 599643
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
63
/ 100
StableAs of 2024-Q1QoQ -12

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 #599643 2024-Q1 Vital Signs Score: 63/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. watch
    ALLL / NPL below 50%
    Reserves — Coverage 36.9% (regulatory soft-warning level 50%).
  2. watch
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 36.9% (Adjusted NPL + Performing Mods denominator).
  3. info
    Loans / Deposits above 100%
    Liquidity — Loans/Deposits 104.8% (threshold 100%).

What changed this quarter

Compared to Q4 2023:
↓ -12 ptscomposite
  • Liquidity
    ↓ -12
  • Securities
    — —
  • Capitalization
    ↑ 0
  • Asset Quality
    ↓ -14
  • Reserves
    ↓ -44

The five pillars

Liquidity

WatchQoQ -12
58
Sub-score

Liquidity is deteriorating: brokered 16.9%, loans/deposits 104.8%, cash 4.2% of assets.

Cash / Assets
4.19%
Loans / Deposits
104.76%
Brokered %
16.90%

Watch Items

  • infoLoans / Deposits above 100% — Loans/Deposits 104.8% (threshold 100%).

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

WatchQoQ 0
56
Sub-score

Capital position is deteriorating: Tier 1 RBC 9.86%, CET1 9.86%, leverage 8.33%.

Tier 1 RBC
9.86%
CET1
9.86%
Leverage
8.33%
No watch items at this period.

Asset Quality

StrongQoQ -14
82
Sub-score

Asset quality is strong: Adjusted NPL 2.10%, Texas Ratio 18.9%, NCO YTD 0.00%.

Adjusted NPL
2.10%
Govt-guarantees stripped
Texas Ratio
18.9%
NCO YTD
0.00%
30-89 PD
0.68%
Band 0.3% / 3.0%
90+ PD
0.00%
Band 0.1% / 2.0%

Watch Items

  • infoAdjusted NPL above 2% — Adjusted NPL 2.10% (govt-guarantees stripped).

Reserves

RiskQoQ -44
12
Sub-score

Reserves are weak: ALLL 0.77% of loans, coverage 36.9%, true coverage 36.9%.

ALLL / Loans
0.77%
Coverage
36.9%
True Loss Coverage
36.9%

Watch Items

  • watchALLL / NPL below 50% — Coverage 36.9% (regulatory soft-warning level 50%).
  • watchTrue Loss Coverage Ratio below 50% — True coverage 36.9% (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 00:43:16 UTC