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Seattle Bank

IDRSSD: 2838207
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
84
/ 100
StrongAs of 2023-Q4QoQ +9

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 #2838207 2023-Q4 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. watch
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 3.79% (govt-guarantees stripped).
  2. info
    Net charge-offs elevated
    Asset Quality — NCO YTD 1.13% of loans.

What changed this quarter

Compared to Q3 2023:
↑ +9 ptscomposite
  • Liquidity
    ↓ -4
  • Securities
    — —
  • Capitalization
    — —
  • Asset Quality
    ↑ +34
  • Reserves
    — —

The five pillars

Liquidity

StableQoQ -4
77
Sub-score

Liquidity is stable: brokered 3.4%, loans/deposits 98.8%, cash 7.3% of assets.

Cash / Assets
7.30%
Loans / Deposits
98.77%
Brokered %
3.36%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 0.0% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
0.00%
No watch items at this period.

Capitalization

Strong
100
Sub-score

Capital position is strong: Tier 1 RBC 17.83%, CET1 17.83%, leverage 12.68%.

Tier 1 RBC
17.83%
CET1
17.83%
Leverage
12.68%
No watch items at this period.

Asset Quality

StableQoQ +34
62
Sub-score

Asset quality is stable: Adjusted NPL 3.79%, Texas Ratio 19.8%, NCO YTD 1.13%.

Adjusted NPL
3.79%
Govt-guarantees stripped
Texas Ratio
19.8%
NCO YTD
1.13%
30-89 PD
0.24%
Band 0.3% / 3.0%
90+ PD
0.00%
Band 0.1% / 2.0%

Watch Items

  • watchAdjusted NPL above 2% — Adjusted NPL 3.79% (govt-guarantees stripped).
  • infoNet charge-offs elevated — NCO YTD 1.13% of loans.

Reserves

Strong
85
Sub-score

Reserves are strong: ALLL 4.72% of loans, coverage 130.9%, true coverage 130.9%.

ALLL / Loans
4.72%
Coverage
130.9%
True Loss Coverage
130.9%
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 13:40:58 UTC