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First Southern Bank

IDRSSD: 631039
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 -16

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 #631039 2024-Q2 Vital Signs Score: 76/100 — overall stable. Strongest pillar: Liquidity (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. risk
    90+ days past due elevated
    Asset Quality — 90+ PD 2.61%.
  2. watch
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 31.7% (Adjusted NPL + Performing Mods denominator).
  3. watch
    ALLL / NPL below 50%
    Reserves — Coverage 35.0% (regulatory soft-warning level 50%).

What changed this quarter

Compared to Q1 2024:
↓ -16 ptscomposite
  • Liquidity
    — —
  • Securities
    ↓ -1
  • Capitalization
    ↓ -3
  • Asset Quality
    ↓ -21
  • Reserves
    ↓ -66

The five pillars

Liquidity

Strong
100
Sub-score

Liquidity is strong: brokered 0.0%, loans/deposits 67.0%, cash 10.2% of assets.

Cash / Assets
10.22%
Loans / Deposits
67.01%
Brokered %
0.00%
No watch items at this period.

Securities

StrongQoQ -1
94
Sub-score

Securities profile is strong: securities 21.7% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
21.72%
No watch items at this period.

Capitalization

StrongQoQ -3
95
Sub-score

Capital position is strong: Tier 1 RBC 14.16%, CET1 14.16%, leverage 9.56%.

Tier 1 RBC
14.16%
CET1
14.16%
Leverage
9.56%
No watch items at this period.

Asset Quality

StableQoQ -21
64
Sub-score

Asset quality is stable: Adjusted NPL 2.64%, Texas Ratio 15.8%, NCO YTD 0.00%.

Adjusted NPL
2.64%
Govt-guarantees stripped
Texas Ratio
15.8%
NCO YTD
0.00%
30-89 PD
0.04%
Band 0.3% / 3.0%
90+ PD
2.61%
Band 0.1% / 2.0%

Watch Items

  • infoAdjusted NPL above 2% — Adjusted NPL 2.64% (govt-guarantees stripped).
  • risk90+ days past due elevated — 90+ PD 2.61%.

Reserves

RiskQoQ -66
15
Sub-score

Reserves are weak: ALLL 0.92% of loans, coverage 35.0%, true coverage 31.7%.

ALLL / Loans
0.92%
Coverage
35.0%
True Loss Coverage
31.7%

Watch Items

  • watchALLL / NPL below 50% — Coverage 35.0% (regulatory soft-warning level 50%).
  • watchTrue Loss Coverage Ratio below 50% — True coverage 31.7% (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: 2026-05-12 00:45:27 UTC