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Security Bank Minnesota

IDRSSD: 295057
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
71
/ 100
StableAs of 2024-Q3QoQ +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-Q3

Bank #295057 2024-Q3 Vital Signs Score: 71/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. watch
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 3.13% (govt-guarantees stripped).
  2. watch
    Net charge-offs elevated
    Asset Quality — NCO YTD 2.06% of loans.
  3. info
    ALLL / NPL below 50%
    Reserves — Coverage 42.1% (regulatory soft-warning level 50%).

What changed this quarter

Compared to Q2 2024:
↑ +1 ptscomposite
  • Liquidity
    ↑ +5
  • Securities
    — —
  • Capitalization
    ↑ +7
  • Asset Quality
    ↑ +2
  • Reserves
    ↓ -15

The five pillars

Liquidity

StrongQoQ +5
84
Sub-score

Liquidity is strong: brokered 0.0%, loans/deposits 93.9%, cash 8.2% of assets.

Cash / Assets
8.22%
Loans / Deposits
93.91%
Brokered %
0.00%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 8.7% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
8.66%
No watch items at this period.

Capitalization

StableQoQ +7
78
Sub-score

Capital position is stable: Tier 1 RBC 11.91%, CET1 11.91%, leverage 9.88%.

Tier 1 RBC
11.91%
CET1
11.91%
Leverage
9.88%
No watch items at this period.

Asset Quality

WatchQoQ +2
58
Sub-score

Asset quality is deteriorating: Adjusted NPL 3.13%, Texas Ratio 22.5%, NCO YTD 2.06%.

Adjusted NPL
3.13%
Govt-guarantees stripped
Texas Ratio
22.5%
NCO YTD
2.06%
30-89 PD
0.43%
Band 0.3% / 3.0%
90+ PD
0.05%
Band 0.1% / 2.0%

Watch Items

  • watchAdjusted NPL above 2% — Adjusted NPL 3.13% (govt-guarantees stripped).
  • watchNet charge-offs elevated — NCO YTD 2.06% of loans.

Reserves

RiskQoQ -15
32
Sub-score

Reserves are weak: ALLL 1.30% of loans, coverage 42.1%, true coverage 42.1%.

ALLL / Loans
1.30%
Coverage
42.1%
True Loss Coverage
42.1%

Watch Items

  • infoALLL / NPL below 50% — Coverage 42.1% (regulatory soft-warning level 50%).
  • infoTrue Loss Coverage Ratio below 50% — True coverage 42.1% (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 08:54:07 UTC