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Farmers State Bank

IDRSSD: 875057
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
79
/ 100
StableAs of 2024-Q1QoQ -1

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 #875057 2024-Q1 Vital Signs Score: 79/100 — overall stable. Strongest pillar: Liquidity (strong). Weakest pillar: Reserves (watch).

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

Top 3 Watch Items

  1. watch
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 3.63% (govt-guarantees stripped).
  2. info
    ALLL / NPL below 50%
    Reserves — Coverage 44.9% (regulatory soft-warning level 50%).
  3. info
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 44.9% (Adjusted NPL + Performing Mods denominator).

What changed this quarter

Compared to Q4 2023:
↓ -1 ptscomposite
  • Liquidity
    — —
  • Securities
    — —
  • Capitalization
    — —
  • Asset Quality
    ↓ -4
  • Reserves
    ↓ -1

The five pillars

Liquidity

Strong
100
Sub-score

Liquidity is strong: brokered 0.0%, loans/deposits 69.1%, cash 11.6% of assets.

Cash / Assets
11.60%
Loans / Deposits
69.08%
Brokered %
0.00%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 9.5% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
9.48%
No watch items at this period.

Capitalization

Strong
100
Sub-score

Capital position is strong: Tier 1 RBC 21.55%, CET1 21.55%, leverage 14.47%.

Tier 1 RBC
21.55%
CET1
21.55%
Leverage
14.47%
No watch items at this period.

Asset Quality

WatchQoQ -4
52
Sub-score

Asset quality is deteriorating: Adjusted NPL 3.63%, Texas Ratio 14.1%, NCO YTD -0.08%.

Adjusted NPL
3.63%
Govt-guarantees stripped
Texas Ratio
14.1%
NCO YTD
-0.08%
30-89 PD
2.04%
Band 0.3% / 3.0%
90+ PD
1.28%
Band 0.1% / 2.0%

Watch Items

  • watchAdjusted NPL above 2% — Adjusted NPL 3.63% (govt-guarantees stripped).
  • info90+ days past due elevated — 90+ PD 1.28%.

Reserves

WatchQoQ -1
40
Sub-score

Reserves are deteriorating: ALLL 1.60% of loans, coverage 44.9%, true coverage 44.9%.

ALLL / Loans
1.60%
Coverage
44.9%
True Loss Coverage
44.9%

Watch Items

  • infoALLL / NPL below 50% — Coverage 44.9% (regulatory soft-warning level 50%).
  • infoTrue Loss Coverage Ratio below 50% — True coverage 44.9% (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 14:57:54 UTC