Visbanking Logo
Skip to main content

Farmers And Merchants Bank And Trust

IDRSSD: 672247
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
77
/ 100
StableAs of 2024-Q3QoQ -5

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 #672247 2024-Q3 Vital Signs Score: 77/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. watch
    Net charge-offs elevated
    Asset Quality — NCO YTD 1.73% of loans.
  2. info
    ALLL / NPL below 50%
    Reserves — Coverage 44.8% (regulatory soft-warning level 50%).
  3. info
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 44.8% (Adjusted NPL + Performing Mods denominator).

What changed this quarter

Compared to Q2 2024:
↓ -5 ptscomposite
  • Liquidity
    ↑ +3
  • Securities
    — —
  • Capitalization
    — —
  • Asset Quality
    ↓ -3
  • Reserves
    ↓ -30

The five pillars

Liquidity

StableQoQ +3
77
Sub-score

Liquidity is stable: brokered 0.0%, loans/deposits 80.8%, cash 2.3% of assets.

Cash / Assets
2.29%
Loans / Deposits
80.85%
Brokered %
0.00%

Watch Items

  • infoCash / Assets below 3% — Cash 2.29% of assets (threshold 3%).

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

Strong
100
Sub-score

Capital position is strong: Tier 1 RBC 16.18%, CET1 16.18%, leverage 10.94%.

Tier 1 RBC
16.18%
CET1
16.18%
Leverage
10.94%
No watch items at this period.

Asset Quality

StableQoQ -3
76
Sub-score

Asset quality is stable: Adjusted NPL 1.58%, Texas Ratio 9.1%, NCO YTD 1.73%.

Adjusted NPL
1.58%
Govt-guarantees stripped
Texas Ratio
9.1%
NCO YTD
1.73%
30-89 PD
0.35%
Band 0.3% / 3.0%
90+ PD
0.00%
Band 0.1% / 2.0%

Watch Items

  • watchNet charge-offs elevated — NCO YTD 1.73% of loans.

Reserves

RiskQoQ -30
14
Sub-score

Reserves are weak: ALLL 0.70% of loans, coverage 44.8%, true coverage 44.8%.

ALLL / Loans
0.70%
Coverage
44.8%
True Loss Coverage
44.8%

Watch Items

  • infoALLL / NPL below 50% — Coverage 44.8% (regulatory soft-warning level 50%).
  • infoTrue Loss Coverage Ratio below 50% — True coverage 44.8% (Adjusted NPL + Performing Mods denominator).
  • infoALLL / Loans below 0.75% — ALLL 0.70% of loans.

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 01:11:14 UTC