Liquidity
StableQoQ -3
75
Sub-score
Liquidity is stable: brokered 5.6%, loans/deposits 90.0%, cash 5.1% of assets.
- Cash / Assets
- 5.14%
- Loans / Deposits
- 89.97%
- Brokered %
- 5.64%
No watch items at this period.
Southern Michigan Bank And Trust
IDRSSD: 822042
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
—
Profitability
Bank Vital Signs Report
5-pillar quarterly review (Liquidity, Securities, Capitalization, Asset Quality, Reserves) for 2026-Q1. Composite Vital Signs Score and ranked Watch Items.
Synthesis
Vital Signs Score
80
/ 100
StrongAs of 2026-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
2026-Q1
Bank #822042 2026-Q1 Vital Signs Score: 80/100 — overall strong. Strongest pillar: Securities (strong). Weakest pillar: Capitalization (stable).
Liquidity:Stable
Securities:Strong
Capitalization:Stable
Asset Quality:Strong
Reserves:Stable
Top 3 Watch Items
No watch items detected this quarter — every pillar within band.
What changed this quarter
Compared to Q4 2025:
↓ -1 ptscomposite
- Liquidity↓ -3
- Securities— —
- Capitalization↓ -2
- Asset Quality↓ -1
- Reserves↓ -1
The five pillars
Securities
Strong
100
Sub-score
Securities profile is strong: securities 3.6% of assets.
- MtM Loss / Tier 1
- —
- Securities / Assets
- 3.62%
SVB watch metric
No watch items at this period.
Capitalization
StableQoQ -2
62
Sub-score
Capital position is stable: Tier 1 RBC 10.85%, CET1 10.85%, leverage 8.72%.
- Tier 1 RBC
- 10.85%
- CET1
- 10.85%
- Leverage
- 8.72%
No watch items at this period.
Asset Quality
StrongQoQ -1
95
Sub-score
Asset quality is strong: Adjusted NPL 0.91%, Texas Ratio 7.1%, NCO YTD 0.25%.
- Adjusted NPL
- 0.91%
- Texas Ratio
- 7.1%
- NCO YTD
- 0.25%
- 30-89 PD
- 0.03%
- 90+ PD
- 0.00%
Govt-guarantees stripped
Band 0.3% / 3.0%
Band 0.1% / 2.0%
No watch items at this period.
Reserves
StableQoQ -1
73
Sub-score
Reserves are stable: ALLL 1.17% of loans, coverage 129.7%, true coverage 129.7%.
- ALLL / Loans
- 1.17%
- Coverage
- 129.7%
- True Loss Coverage
- 129.7%
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%. Pillars with no available metrics are dropped from the denominator (renormalised). See
functions/src/vitalSignsScore.tsfor exact formula and sub-score band anchors. - Pillar status
- Strong ≥ 80, Stable ≥ 60, Watch ≥ 40, Risk < 40. Bands are scoring buckets, NOT regulatory thresholds.
- Watch Items
- Per-pillar rule trips with severity (Risk / Watch / Info) assigned by how far the metric breaches its threshold. Top-3 panel ranks across pillars: severity dominates, magnitude breaks ties.
- Adjusted NPL
- Noncurrent loans minus government-guaranteed nonaccrual (sourced from FFIEC Schedule RC-N Memorandum item 2). Strips out exposure with implicit US government backing, the same formula used by the Loan Restructuring Watch builder.
- True Loss Coverage Ratio
- ALLL ÷ (Adjusted NPL + Performing Mods). Surfaces under-reservation that conventional ALLL/NPL hides when banks aggressively modify rather than charge off.
- Past-due 30-89 / 90+ PD
- Bank-wide totals from FFIEC Schedule RC-N (30-89 days past due and 90+ days past due still accruing) divided by total loans and leases (net of unearned income). Score bands: 30-89 PD Good 0.3% / Bad 3.0%; 90+ PD Good 0.1% / Bad 2.0%.
- 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, Watch Item rules, and per-quarter URL surface are Visbanking's own work.
Generated: 2026-05-15 08:27:51 UTC