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State Bank Of Bellingham

IDRSSD: 272058
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
71
/ 100
StableAs of 2023-Q4QoQ -16

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 #272058 2023-Q4 Vital Signs Score: 71/100 — overall stable. Strongest pillar: Capitalization (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. watch
    ALLL / NPL below 50%
    Reserves — Coverage 33.8% (regulatory soft-warning level 50%).
  2. watch
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 33.8% (Adjusted NPL + Performing Mods denominator).
  3. watch
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 3.03% (govt-guarantees stripped).

What changed this quarter

Compared to Q3 2023:
↓ -16 ptscomposite
  • Liquidity
    ↑ +11
  • Securities
    ↑ +2
  • Capitalization
    — —
  • Asset Quality
    ↓ -34
  • Reserves
    — —

The five pillars

Liquidity

StableQoQ +11
72
Sub-score

Liquidity is stable: brokered 20.7%, loans/deposits 67.4%, cash 3.6% of assets.

Cash / Assets
3.63%
Loans / Deposits
67.40%
Brokered %
20.67%
No watch items at this period.

Securities

StrongQoQ +2
83
Sub-score

Securities profile is strong: securities 25.0% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
24.96%
No watch items at this period.

Capitalization

Strong
100
Sub-score

Capital position is strong: Tier 1 RBC 18.78%, CET1 18.78%, leverage 13.07%.

Tier 1 RBC
18.78%
CET1
18.78%
Leverage
13.07%
No watch items at this period.

Asset Quality

StableQoQ -34
66
Sub-score

Asset quality is stable: Adjusted NPL 3.03%, Texas Ratio 11.9%, NCO YTD 0.00%.

Adjusted NPL
3.03%
Govt-guarantees stripped
Texas Ratio
11.9%
NCO YTD
0.00%
30-89 PD
0.00%
Band 0.3% / 3.0%
90+ PD
1.46%
Band 0.1% / 2.0%

Watch Items

  • watchAdjusted NPL above 2% — Adjusted NPL 3.03% (govt-guarantees stripped).
  • info90+ days past due elevated — 90+ PD 1.46%.

Reserves

Risk
19
Sub-score

Reserves are weak: ALLL 1.01% of loans, coverage 33.8%, true coverage 33.8%.

ALLL / Loans
1.01%
Coverage
33.8%
True Loss Coverage
33.8%

Watch Items

  • watchALLL / NPL below 50% — Coverage 33.8% (regulatory soft-warning level 50%).
  • watchTrue Loss Coverage Ratio below 50% — True coverage 33.8% (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: 2026-05-12 16:38:27 UTC