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First Farmers And Merchants State Bank

IDRSSD: 276654
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
72
/ 100
StableAs of 2024-Q3QoQ -6

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 #276654 2024-Q3 Vital Signs Score: 72/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. watch
    90+ days past due elevated
    Asset Quality — 90+ PD 1.67%.
  2. info
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 48.3% (Adjusted NPL + Performing Mods denominator).

What changed this quarter

Compared to Q2 2024:
↓ -6 ptscomposite
  • Liquidity
    ↑ +15
  • Securities
    — —
  • Capitalization
    ↑ +5
  • Asset Quality
    ↓ -31
  • Reserves
    ↓ -19

The five pillars

Liquidity

StableQoQ +15
78
Sub-score

Liquidity is stable: brokered 0.0%, loans/deposits 93.7%, cash 5.6% of assets.

Cash / Assets
5.58%
Loans / Deposits
93.69%
Brokered %
0.00%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 4.8% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
4.81%
No watch items at this period.

Capitalization

StableQoQ +5
79
Sub-score

Capital position is stable: Tier 1 RBC 12.20%, CET1 12.20%, leverage 9.76%.

Tier 1 RBC
12.20%
CET1
12.20%
Leverage
9.76%
No watch items at this period.

Asset Quality

StableQoQ -31
69
Sub-score

Asset quality is stable: Adjusted NPL 1.67%, Texas Ratio 11.0%, NCO YTD 0.08%.

Adjusted NPL
1.67%
Govt-guarantees stripped
Texas Ratio
11.0%
NCO YTD
0.08%
30-89 PD
1.43%
Band 0.3% / 3.0%
90+ PD
1.67%
Band 0.1% / 2.0%

Watch Items

  • watch90+ days past due elevated — 90+ PD 1.67%.

Reserves

RiskQoQ -19
26
Sub-score

Reserves are weak: ALLL 0.97% of loans, coverage 58.9%, true coverage 48.3%.

ALLL / Loans
0.97%
Coverage
58.9%
True Loss Coverage
48.3%

Watch Items

  • infoTrue Loss Coverage Ratio below 50% — True coverage 48.3% (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: 2026-05-15 01:35:50 UTC