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Locus Bank Inc

IDRSSD: 3626858
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
61
/ 100
StableAs of 2024-Q2QoQ -3

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 #3626858 2024-Q2 Vital Signs Score: 61/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. risk
    Loans / Deposits above 100%
    Liquidity — Loans/Deposits 125.1% (threshold 100%).
  2. risk
    CET1 below 7%
    Capitalization — CET1 0.00% (threshold 7%).
  3. info
    ALLL / NPL below 50%
    Reserves — Coverage 45.8% (regulatory soft-warning level 50%).

What changed this quarter

Compared to Q1 2024:
↓ -3 ptscomposite
  • Liquidity
    ↓ -1
  • Securities
    — —
  • Capitalization
    — —
  • Asset Quality
    ↓ -6
  • Reserves
    ↓ -7

The five pillars

Liquidity

WatchQoQ -1
45
Sub-score

Liquidity is deteriorating: brokered 28.8%, loans/deposits 125.1%, cash 3.0% of assets.

Cash / Assets
3.03%
Loans / Deposits
125.08%
Brokered %
28.83%

Watch Items

  • riskLoans / Deposits above 100% — Loans/Deposits 125.1% (threshold 100%).

Securities

Strong
100
Sub-score

Securities profile is strong: securities 1.4% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
1.44%
No watch items at this period.

Capitalization

Watch
50
Sub-score

Capital position is deteriorating: CET1 0.00%, leverage 21.92%.

Tier 1 RBC
—
CET1
0.00%
Leverage
21.92%

Watch Items

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

Asset Quality

StrongQoQ -6
85
Sub-score

Asset quality is strong: Adjusted NPL 1.84%, Texas Ratio 6.6%, NCO YTD 0.00%.

Adjusted NPL
1.84%
Govt-guarantees stripped
Texas Ratio
6.6%
NCO YTD
0.00%
30-89 PD
0.09%
Band 0.3% / 3.0%
90+ PD
0.43%
Band 0.1% / 2.0%
No watch items at this period.

Reserves

RiskQoQ -7
19
Sub-score

Reserves are weak: ALLL 0.84% of loans, coverage 45.8%, true coverage 45.8%.

ALLL / Loans
0.84%
Coverage
45.8%
True Loss Coverage
45.8%

Watch Items

  • infoALLL / NPL below 50% — Coverage 45.8% (regulatory soft-warning level 50%).
  • infoTrue Loss Coverage Ratio below 50% — True coverage 45.8% (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 09:20:30 UTC