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Farmers State Bank

IDRSSD: 921936
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
69
/ 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 #921936 2024-Q3 Vital Signs Score: 69/100 — overall stable. Strongest pillar: Liquidity (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. risk
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 18.3% (Adjusted NPL + Performing Mods denominator).
  2. risk
    ALLL / NPL below 50%
    Reserves — Coverage 19.8% (regulatory soft-warning level 50%).
  3. risk
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 5.90% (govt-guarantees stripped).

What changed this quarter

Compared to Q2 2024:
↓ -8 ptscomposite
  • Liquidity
    — —
  • Securities
    — —
  • Capitalization
    ↓ -10
  • Asset Quality
    ↓ -22
  • Reserves
    ↓ -4

The five pillars

Liquidity

Strong
100
Sub-score

Liquidity is strong: brokered 0.0%, loans/deposits 61.1%, cash 14.0% of assets.

Cash / Assets
14.02%
Loans / Deposits
61.07%
Brokered %
0.00%
No watch items at this period.

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

StableQoQ -10
74
Sub-score

Capital position is stable: Tier 1 RBC 12.51%, CET1 12.51%, leverage 7.55%.

Tier 1 RBC
12.51%
CET1
12.51%
Leverage
7.55%
No watch items at this period.

Asset Quality

WatchQoQ -22
49
Sub-score

Asset quality is deteriorating: Adjusted NPL 5.90%, Texas Ratio 38.0%, NCO YTD 1.38%.

Adjusted NPL
5.90%
Govt-guarantees stripped
Texas Ratio
38.0%
NCO YTD
1.38%
30-89 PD
0.49%
Band 0.3% / 3.0%
90+ PD
0.08%
Band 0.1% / 2.0%

Watch Items

  • riskAdjusted NPL above 2% — Adjusted NPL 5.90% (govt-guarantees stripped).
  • infoNet charge-offs elevated — NCO YTD 1.38% of loans.

Reserves

RiskQoQ -4
22
Sub-score

Reserves are weak: ALLL 1.16% of loans, coverage 19.8%, true coverage 18.3%.

ALLL / Loans
1.16%
Coverage
19.8%
True Loss Coverage
18.3%

Watch Items

  • riskALLL / NPL below 50% — Coverage 19.8% (regulatory soft-warning level 50%).
  • riskTrue Loss Coverage Ratio below 50% — True coverage 18.3% (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 11:33:00 UTC