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Southpoint Bank

IDRSSD: 3386536
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
—
Profitability

Vital Signs Report — 2024-Q4

Per-quarter snapshot for 2024-Q4: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
62
/ 100
StableAs of 2024-Q4QoQ -6

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

Quarterly Headline

2024-Q4

Bank #3386536 2024-Q4 Vital Signs Score: 62/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. info
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 46.0% (Adjusted NPL + Performing Mods denominator).
  2. info
    ALLL / NPL below 50%
    Reserves — Coverage 46.8% (regulatory soft-warning level 50%).
  3. info
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 2.60% (govt-guarantees stripped).

What changed this quarter

Compared to Q3 2024:
↓ -6 ptscomposite
  • Liquidity
    ↓ 0
  • Securities
    — —
  • Capitalization
    ↑ +2
  • Asset Quality
    ↓ -9
  • Reserves
    ↓ -27

The five pillars

Liquidity

StableQoQ 0
64
Sub-score

Liquidity is stable: brokered 27.5%, loans/deposits 93.4%, cash 7.3% of assets.

Cash / Assets
7.32%
Loans / Deposits
93.35%
Brokered %
27.52%
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

WatchQoQ +2
43
Sub-score

Capital position is deteriorating: Tier 1 RBC 9.40%, CET1 9.40%, leverage 8.04%.

Tier 1 RBC
9.40%
CET1
9.40%
Leverage
8.04%
No watch items at this period.

Asset Quality

StableQoQ -9
73
Sub-score

Asset quality is stable: Adjusted NPL 2.60%, Texas Ratio 24.0%, NCO YTD 0.81%.

Adjusted NPL
2.60%
Govt-guarantees stripped
Texas Ratio
24.0%
NCO YTD
0.81%
30-89 PD
0.30%
Band 0.3% / 3.0%
90+ PD
0.06%
Band 0.1% / 2.0%

Watch Items

  • infoAdjusted NPL above 2% — Adjusted NPL 2.60% (govt-guarantees stripped).

Reserves

RiskQoQ -27
31
Sub-score

Reserves are weak: ALLL 1.20% of loans, coverage 46.8%, true coverage 46.0%.

ALLL / Loans
1.20%
Coverage
46.8%
True Loss Coverage
46.0%

Watch Items

  • infoALLL / NPL below 50% — Coverage 46.8% (regulatory soft-warning level 50%).
  • infoTrue Loss Coverage Ratio below 50% — True coverage 46.0% (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: 2026-05-15 10:11:01 UTC