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Sallie Mae Bank

IDRSSD: 3394278
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
—
Profitability

Vital Signs Report — 2024-Q1

Per-quarter snapshot for 2024-Q1: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
82
/ 100
StrongAs of 2024-Q1QoQ +1

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

Quarterly Headline

2024-Q1

Bank #3394278 2024-Q1 Vital Signs Score: 82/100 — overall strong. Strongest pillar: Securities (strong). Weakest pillar: Asset Quality (stable).

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

Top 3 Watch Items

  1. risk
    Brokered deposits above 30%
    Liquidity — Brokered 48.5% of deposits (threshold 30%).
  2. watch
    Net charge-offs elevated
    Asset Quality — NCO YTD 1.53% of loans.

What changed this quarter

Compared to Q4 2023:
↑ +1 ptscomposite
  • Liquidity
    ↓ -1
  • Securities
    — —
  • Capitalization
    ↓ 0
  • Asset Quality
    ↑ +5
  • Reserves
    — —

The five pillars

Liquidity

StableQoQ -1
67
Sub-score

Liquidity is stable: brokered 48.5%, loans/deposits 95.5%, cash 13.2% of assets.

Cash / Assets
13.16%
Loans / Deposits
95.47%
Brokered %
48.51%

Watch Items

  • riskBrokered deposits above 30% — Brokered 48.5% of deposits (threshold 30%).

Securities

Strong
100
Sub-score

Securities profile is strong: securities 4.7% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
4.70%
No watch items at this period.

Capitalization

StrongQoQ 0
88
Sub-score

Capital position is strong: Tier 1 RBC 12.26%, CET1 12.26%, leverage 10.25%.

Tier 1 RBC
12.26%
CET1
12.26%
Leverage
10.25%
No watch items at this period.

Asset Quality

StableQoQ +5
66
Sub-score

Asset quality is stable: Adjusted NPL 0.90%, Texas Ratio 4.2%, NCO YTD 1.53%.

Adjusted NPL
0.90%
Govt-guarantees stripped
Texas Ratio
4.2%
NCO YTD
1.53%
30-89 PD
2.04%
Band 0.3% / 3.0%
90+ PD
0.90%
Band 0.1% / 2.0%

Watch Items

  • watchNet charge-offs elevated — NCO YTD 1.53% of loans.

Reserves

Strong
100
Sub-score

Reserves are strong: ALLL 6.25% of loans, coverage 738.9%, true coverage 143.2%.

ALLL / Loans
6.25%
Coverage
738.9%
True Loss Coverage
143.2%
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: 2026-05-14 07:36:30 UTC