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Forbright Bank

IDRSSD: 3187630
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
—
Profitability

Vital Signs Report — 2023-Q4

Per-quarter snapshot for 2023-Q4: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
67
/ 100
StableAs of 2023-Q4QoQ -23

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

Quarterly Headline

2023-Q4

Bank #3187630 2023-Q4 Vital Signs Score: 67/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (watch).

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

Top 3 Watch Items

  1. risk
    CET1 below 7%
    Capitalization — CET1 0.00% (threshold 7%).
  2. info
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 40.2% (Adjusted NPL + Performing Mods denominator).
  3. info
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 2.86% (govt-guarantees stripped).

What changed this quarter

Compared to Q3 2023:
↓ -23 ptscomposite
  • Liquidity
    ↑ +3
  • Securities
    — —
  • Capitalization
    ↓ -50
  • Asset Quality
    ↓ -16
  • Reserves
    — —

The five pillars

Liquidity

StableQoQ +3
78
Sub-score

Liquidity is stable: brokered 29.6%, loans/deposits 74.7%, cash 18.9% of assets.

Cash / Assets
18.91%
Loans / Deposits
74.65%
Brokered %
29.63%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 9.5% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
9.46%
No watch items at this period.

Capitalization

WatchQoQ -50
50
Sub-score

Capital position is deteriorating: CET1 0.00%, leverage 11.46%.

Tier 1 RBC
—
CET1
0.00%
Leverage
11.46%

Watch Items

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

Asset Quality

StableQoQ -16
71
Sub-score

Asset quality is stable: Adjusted NPL 2.86%, Texas Ratio 15.4%, NCO YTD 0.84%.

Adjusted NPL
2.86%
Govt-guarantees stripped
Texas Ratio
15.4%
NCO YTD
0.84%
30-89 PD
0.48%
Band 0.3% / 3.0%
90+ PD
0.00%
Band 0.1% / 2.0%

Watch Items

  • infoAdjusted NPL above 2% — Adjusted NPL 2.86% (govt-guarantees stripped).

Reserves

Watch
40
Sub-score

Reserves are deteriorating: ALLL 1.66% of loans, coverage 59.1%, true coverage 40.2%.

ALLL / Loans
1.66%
Coverage
59.1%
True Loss Coverage
40.2%

Watch Items

  • infoTrue Loss Coverage Ratio below 50% — True coverage 40.2% (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: 2026-05-14 04:06:41 UTC