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Independent Bank

IDRSSD: 2666400
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
82
/ 100
StrongAs of 2023-Q4QoQ -6

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 #2666400 2023-Q4 Vital Signs Score: 82/100 — overall strong. Strongest pillar: Securities (strong). Weakest pillar: Liquidity (stable).

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

Top 3 Watch Items

No watch items detected this quarter — every pillar within band.

What changed this quarter

Compared to Q3 2023:
↓ -6 ptscomposite
  • Liquidity
    ↓ -9
  • Securities
    — —
  • Capitalization
    ↓ -2
  • Asset Quality
    ↓ -17
  • Reserves
    — —

The five pillars

Liquidity

StableQoQ -9
68
Sub-score

Liquidity is stable: brokered 15.9%, loans/deposits 94.4%, cash 5.7% of assets.

Cash / Assets
5.70%
Loans / Deposits
94.38%
Brokered %
15.93%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 0.3% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
0.30%
No watch items at this period.

Capitalization

StableQoQ -2
75
Sub-score

Capital position is stable: Tier 1 RBC 10.92%, CET1 10.92%, leverage 10.59%.

Tier 1 RBC
10.92%
CET1
10.92%
Leverage
10.59%
No watch items at this period.

Asset Quality

StrongQoQ -17
81
Sub-score

Asset quality is strong: Adjusted NPL 0.45%, Texas Ratio 3.2%, NCO YTD 0.38%.

Adjusted NPL
0.45%
Govt-guarantees stripped
Texas Ratio
3.2%
NCO YTD
0.38%
30-89 PD
2.65%
Band 0.3% / 3.0%
90+ PD
0.28%
Band 0.1% / 2.0%
No watch items at this period.

Reserves

Strong
92
Sub-score

Reserves are strong: ALLL 1.27% of loans, coverage 288.5%, true coverage 255.4%.

ALLL / Loans
1.27%
Coverage
288.5%
True Loss Coverage
255.4%
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: 2026-05-13 12:07:15 UTC