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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-Q2

Per-quarter snapshot for 2024-Q2: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
84
/ 100
StrongAs of 2024-Q2QoQ +2

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 #3394278 2024-Q2 Vital Signs Score: 84/100 — 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 47.6% of deposits (threshold 30%).
  2. watch
    Net charge-offs elevated
    Asset Quality — NCO YTD 1.53% of loans.

What changed this quarter

Compared to Q1 2024:
↑ +2 ptscomposite
  • Liquidity
    ↑ +3
  • Securities
    — —
  • Capitalization
    ↑ +5
  • Asset Quality
    ↑ +1
  • Reserves
    — —

The five pillars

Liquidity

StableQoQ +3
70
Sub-score

Liquidity is stable: brokered 47.6%, loans/deposits 90.0%, cash 18.8% of assets.

Cash / Assets
18.79%
Loans / Deposits
89.99%
Brokered %
47.61%

Watch Items

  • riskBrokered deposits above 30% — Brokered 47.6% of deposits (threshold 30%).

Securities

Strong
100
Sub-score

Securities profile is strong: securities 4.3% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
4.32%
No watch items at this period.

Capitalization

StrongQoQ +5
93
Sub-score

Capital position is strong: Tier 1 RBC 13.40%, CET1 13.40%, leverage 10.89%.

Tier 1 RBC
13.40%
CET1
13.40%
Leverage
10.89%
No watch items at this period.

Asset Quality

StableQoQ +1
67
Sub-score

Asset quality is stable: Adjusted NPL 0.87%, Texas Ratio 3.7%, NCO YTD 1.53%.

Adjusted NPL
0.87%
Govt-guarantees stripped
Texas Ratio
3.7%
NCO YTD
1.53%
30-89 PD
2.04%
Band 0.3% / 3.0%
90+ PD
0.87%
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 6.27% of loans, coverage 773.6%, true coverage 116.3%.

ALLL / Loans
6.27%
Coverage
773.6%
True Loss Coverage
116.3%
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