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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 — 2026-Q1

Per-quarter snapshot for 2026-Q1: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
71
/ 100
StableAs of 2026-Q1QoQ -5

Weighted composite of five pillars (Liquidity, Securities, Capitalization, Asset Quality, Reserves). Missing pillars are dropped from the denominator. See methodology footer.

Quarterly Headline

2026-Q1

Bank #276654 2026-Q1 Vital Signs Score: 71/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. risk
    90+ days past due elevated
    Asset Quality — 90+ PD 2.96%.
  2. watch
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 29.5% (Adjusted NPL + Performing Mods denominator).
  3. watch
    ALLL / NPL below 50%
    Reserves — Coverage 35.4% (regulatory soft-warning level 50%).

What changed this quarter

Compared to Q4 2025:
↓ -5 ptscomposite
  • Liquidity
    ↑ +12
  • Securities
    — —
  • Capitalization
    ↑ +7
  • Asset Quality
    ↓ -26
  • Reserves
    ↓ -18

The five pillars

Liquidity

StrongQoQ +12
86
Sub-score

Liquidity is strong: brokered 0.0%, loans/deposits 79.3%, cash 6.0% of assets.

Cash / Assets
6.00%
Loans / Deposits
79.31%
Brokered %
0.00%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 10.3% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
10.33%
No watch items at this period.

Capitalization

StrongQoQ +7
92
Sub-score

Capital position is strong: Tier 1 RBC 13.19%, CET1 13.19%, leverage 10.75%.

Tier 1 RBC
13.19%
CET1
13.19%
Leverage
10.75%
No watch items at this period.

Asset Quality

WatchQoQ -26
44
Sub-score

Asset quality is deteriorating: Adjusted NPL 4.78%, Texas Ratio 28.7%, NCO YTD 0.05%.

Adjusted NPL
4.78%
Govt-guarantees stripped
Texas Ratio
28.7%
NCO YTD
0.05%
30-89 PD
0.90%
Band 0.3% / 3.0%
90+ PD
2.96%
Band 0.1% / 2.0%

Watch Items

  • watchAdjusted NPL above 2% — Adjusted NPL 4.78% (govt-guarantees stripped).
  • risk90+ days past due elevated — 90+ PD 2.96%.

Reserves

RiskQoQ -18
33
Sub-score

Reserves are weak: ALLL 1.66% of loans, coverage 35.4%, true coverage 29.5%.

ALLL / Loans
1.66%
Coverage
35.4%
True Loss Coverage
29.5%

Watch Items

  • watchALLL / NPL below 50% — Coverage 35.4% (regulatory soft-warning level 50%).
  • watchTrue Loss Coverage Ratio below 50% — True coverage 29.5% (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