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Finwise Bank

IDRSSD: 2880019
Total Assets
—
Latest filing
Total Deposits
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Net Interest Margin
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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
57
/ 100
WatchAs 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 #2880019 2024-Q1 Vital Signs Score: 57/100 — overall watch. Strongest pillar: Securities (strong). Weakest pillar: Asset Quality (watch).

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

Top 3 Watch Items

  1. risk
    Brokered deposits above 30%
    Liquidity — Brokered 48.4% of deposits (threshold 30%).
  2. risk
    CET1 below 7%
    Capitalization — CET1 0.00% (threshold 7%).
  3. risk
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 5.96% (govt-guarantees stripped).

What changed this quarter

Compared to Q4 2023:
↓ -1 ptscomposite
  • Liquidity
    ↓ -1
  • Securities
    — —
  • Capitalization
    — —
  • Asset Quality
    ↓ -4
  • Reserves
    ↑ 0

The five pillars

Liquidity

StableQoQ -1
68
Sub-score

Liquidity is stable: brokered 48.4%, loans/deposits 94.1%, cash 19.2% of assets.

Cash / Assets
19.23%
Loans / Deposits
94.11%
Brokered %
48.40%

Watch Items

  • riskBrokered deposits above 30% — Brokered 48.4% of deposits (threshold 30%).

Securities

Strong
100
Sub-score

Securities profile is strong: securities 2.5% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
2.46%
No watch items at this period.

Capitalization

Watch
50
Sub-score

Capital position is deteriorating: CET1 0.00%, leverage 20.40%.

Tier 1 RBC
—
CET1
0.00%
Leverage
20.40%

Watch Items

  • riskCET1 below 7% — CET1 0.00% (threshold 7%).

Asset Quality

WatchQoQ -4
40
Sub-score

Asset quality is deteriorating: Adjusted NPL 5.96%, Texas Ratio 19.3%, NCO YTD 3.15%.

Adjusted NPL
5.96%
Govt-guarantees stripped
Texas Ratio
19.3%
NCO YTD
3.15%
30-89 PD
1.59%
Band 0.3% / 3.0%
90+ PD
0.02%
Band 0.1% / 2.0%

Watch Items

  • riskAdjusted NPL above 2% — Adjusted NPL 5.96% (govt-guarantees stripped).
  • riskNet charge-offs elevated — NCO YTD 3.15% of loans.

Reserves

WatchQoQ 0
42
Sub-score

Reserves are deteriorating: ALLL 2.84% of loans, coverage 49.0%, true coverage 47.3%.

ALLL / Loans
2.84%
Coverage
49.0%
True Loss Coverage
47.3%

Watch Items

  • infoALLL / NPL below 50% — Coverage 49.0% (regulatory soft-warning level 50%).
  • infoTrue Loss Coverage Ratio below 50% — True coverage 47.3% (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: 2026-05-13 13:51:29 UTC