Visbanking Logo
Skip to main content

Midcountry Bank

IDRSSD: 3971
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
—
Profitability

Vital Signs Report — 2024-Q3

Per-quarter snapshot for 2024-Q3: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
76
/ 100
StableAs of 2024-Q3QoQ -10

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

Quarterly Headline

2024-Q3

Bank #3971 2024-Q3 Vital Signs Score: 76/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (watch).

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

Top 3 Watch Items

  1. risk
    Net charge-offs elevated
    Asset Quality — NCO YTD 6.40% of loans.
  2. info
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 48.0% (Adjusted NPL + Performing Mods denominator).
  3. info
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 2.69% (govt-guarantees stripped).

What changed this quarter

Compared to Q2 2024:
↓ -10 ptscomposite
  • Liquidity
    ↑ +1
  • Securities
    — —
  • Capitalization
    ↓ -1
  • Asset Quality
    ↓ -23
  • Reserves
    ↓ -27

The five pillars

Liquidity

StableQoQ +1
77
Sub-score

Liquidity is stable: brokered 1.3%, loans/deposits 89.1%, cash 4.1% of assets.

Cash / Assets
4.15%
Loans / Deposits
89.07%
Brokered %
1.29%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 5.2% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
5.22%
No watch items at this period.

Capitalization

StrongQoQ -1
92
Sub-score

Capital position is strong: Tier 1 RBC 13.25%, CET1 13.25%, leverage 10.60%.

Tier 1 RBC
13.25%
CET1
13.25%
Leverage
10.60%
No watch items at this period.

Asset Quality

StableQoQ -23
63
Sub-score

Asset quality is stable: Adjusted NPL 2.69%, Texas Ratio 15.7%, NCO YTD 6.40%.

Adjusted NPL
2.69%
Govt-guarantees stripped
Texas Ratio
15.7%
NCO YTD
6.40%
30-89 PD
0.39%
Band 0.3% / 3.0%
90+ PD
0.00%
Band 0.1% / 2.0%

Watch Items

  • infoAdjusted NPL above 2% — Adjusted NPL 2.69% (govt-guarantees stripped).
  • riskNet charge-offs elevated — NCO YTD 6.40% of loans.

Reserves

WatchQoQ -27
46
Sub-score

Reserves are deteriorating: ALLL 1.84% of loans, coverage 69.7%, true coverage 48.0%.

ALLL / Loans
1.84%
Coverage
69.7%
True Loss Coverage
48.0%

Watch Items

  • infoTrue Loss Coverage Ratio below 50% — True coverage 48.0% (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: 2026-05-13 06:43:54 UTC