Visbanking Logo
Skip to main content

Finwise Bank

IDRSSD: 2880019
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
56
/ 100
WatchAs of 2024-Q3QoQ -2

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 #2880019 2024-Q3 Vital Signs Score: 56/100 — overall watch. Strongest pillar: Securities (strong). Weakest pillar: Asset Quality (risk).

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

Top 3 Watch Items

  1. risk
    CET1 below 7%
    Capitalization — CET1 0.00% (threshold 7%).
  2. risk
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 5.97% (govt-guarantees stripped).
  3. watch
    Brokered deposits above 30%
    Liquidity — Brokered 44.0% of deposits (threshold 30%).

What changed this quarter

Compared to Q2 2024:
↓ -2 ptscomposite
  • Liquidity
    ↑ +2
  • Securities
    — —
  • Capitalization
    — —
  • Asset Quality
    ↓ -8
  • Reserves
    ↓ -3

The five pillars

Liquidity

StableQoQ +2
67
Sub-score

Liquidity is stable: brokered 44.0%, loans/deposits 96.8%, cash 12.8% of assets.

Cash / Assets
12.77%
Loans / Deposits
96.78%
Brokered %
43.99%

Watch Items

  • watchBrokered deposits above 30% — Brokered 44.0% of deposits (threshold 30%).

Securities

Strong
100
Sub-score

Securities profile is strong: securities 6.5% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
6.51%
No watch items at this period.

Capitalization

Watch
50
Sub-score

Capital position is deteriorating: CET1 0.00%, leverage 20.13%.

Tier 1 RBC
—
CET1
0.00%
Leverage
20.13%

Watch Items

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

Asset Quality

RiskQoQ -8
37
Sub-score

Asset quality is weak: Adjusted NPL 5.97%, Texas Ratio 20.8%, NCO YTD 1.94%.

Adjusted NPL
5.97%
Govt-guarantees stripped
Texas Ratio
20.8%
NCO YTD
1.94%
30-89 PD
2.18%
Band 0.3% / 3.0%
90+ PD
0.01%
Band 0.1% / 2.0%

Watch Items

  • riskAdjusted NPL above 2% — Adjusted NPL 5.97% (govt-guarantees stripped).
  • watchNet charge-offs elevated — NCO YTD 1.94% of loans.

Reserves

RiskQoQ -3
39
Sub-score

Reserves are weak: ALLL 2.46% of loans, coverage 42.2%, true coverage 41.2%.

ALLL / Loans
2.46%
Coverage
42.2%
True Loss Coverage
41.2%

Watch Items

  • infoALLL / NPL below 50% — Coverage 42.2% (regulatory soft-warning level 50%).
  • infoTrue Loss Coverage Ratio below 50% — True coverage 41.2% (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