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First Independent Bank

IDRSSD: 761851
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
—
Profitability

Vital Signs Report — 2024-Q2

Per-quarter snapshot for 2024-Q2: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
76
/ 100
StableAs of 2024-Q2QoQ -9

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

Quarterly Headline

2024-Q2

Bank #761851 2024-Q2 Vital Signs Score: 76/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Capitalization (watch).

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

Top 3 Watch Items

  1. watch
    Cash / Assets below 3%
    Liquidity — Cash 1.60% of assets (threshold 3%).

What changed this quarter

Compared to Q1 2024:
↓ -9 ptscomposite
  • Liquidity
    ↓ -7
  • Securities
    ↑ +1
  • Capitalization
    ↓ -13
  • Asset Quality
    ↓ -7
  • Reserves
    ↓ -20

The five pillars

Liquidity

StableQoQ -7
72
Sub-score

Liquidity is stable: brokered 8.7%, loans/deposits 77.8%, cash 1.6% of assets.

Cash / Assets
1.60%
Loans / Deposits
77.82%
Brokered %
8.68%

Watch Items

  • watchCash / Assets below 3% — Cash 1.60% of assets (threshold 3%).

Securities

StrongQoQ +1
95
Sub-score

Securities profile is strong: securities 21.6% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
21.58%
No watch items at this period.

Capitalization

WatchQoQ -13
58
Sub-score

Capital position is deteriorating: Tier 1 RBC 10.60%, CET1 10.60%, leverage 8.56%.

Tier 1 RBC
10.60%
CET1
10.60%
Leverage
8.56%
No watch items at this period.

Asset Quality

StrongQoQ -7
86
Sub-score

Asset quality is strong: Adjusted NPL 0.87%, Texas Ratio 5.8%, NCO YTD 1.00%.

Adjusted NPL
0.87%
Govt-guarantees stripped
Texas Ratio
5.8%
NCO YTD
1.00%
30-89 PD
0.41%
Band 0.3% / 3.0%
90+ PD
0.37%
Band 0.1% / 2.0%
No watch items at this period.

Reserves

StableQoQ -20
80
Sub-score

Reserves are stable: ALLL 1.25% of loans, coverage 145.5%, true coverage 140.2%.

ALLL / Loans
1.25%
Coverage
145.5%
True Loss Coverage
140.2%
No watch items at this period.

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: 2026-05-12 21:15:31 UTC