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Summit State Bank

IDRSSD: 561574
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
62
/ 100
StableAs of 2023-Q4QoQ -22

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 #561574 2023-Q4 Vital Signs Score: 62/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. watch
    ALLL / NPL below 50%
    Reserves — Coverage 34.4% (regulatory soft-warning level 50%).
  2. watch
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 34.4% (Adjusted NPL + Performing Mods denominator).
  3. watch
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 4.71% (govt-guarantees stripped).

What changed this quarter

Compared to Q3 2023:
↓ -22 ptscomposite
  • Liquidity
    ↓ -33
  • Securities
    — —
  • Capitalization
    ↑ +3
  • Asset Quality
    ↓ -37
  • Reserves
    — —

The five pillars

Liquidity

WatchQoQ -33
58
Sub-score

Liquidity is deteriorating: brokered 31.2%, loans/deposits 93.0%, cash 5.1% of assets.

Cash / Assets
5.15%
Loans / Deposits
92.96%
Brokered %
31.25%

Watch Items

  • infoBrokered deposits above 30% — Brokered 31.2% of deposits (threshold 30%).

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 +3
59
Sub-score

Capital position is deteriorating: Tier 1 RBC 9.90%, CET1 9.90%, leverage 8.79%.

Tier 1 RBC
9.90%
CET1
9.90%
Leverage
8.79%
No watch items at this period.

Asset Quality

StableQoQ -37
63
Sub-score

Asset quality is stable: Adjusted NPL 4.71%, Texas Ratio 38.8%, NCO YTD 0.00%.

Adjusted NPL
4.71%
Govt-guarantees stripped
Texas Ratio
38.8%
NCO YTD
0.00%
30-89 PD
0.06%
Band 0.3% / 3.0%
90+ PD
0.01%
Band 0.1% / 2.0%

Watch Items

  • watchAdjusted NPL above 2% — Adjusted NPL 4.71% (govt-guarantees stripped).

Reserves

Risk
35
Sub-score

Reserves are weak: ALLL 1.60% of loans, coverage 34.4%, true coverage 34.4%.

ALLL / Loans
1.60%
Coverage
34.4%
True Loss Coverage
34.4%

Watch Items

  • watchALLL / NPL below 50% — Coverage 34.4% (regulatory soft-warning level 50%).
  • watchTrue Loss Coverage Ratio below 50% — True coverage 34.4% (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: 2026-05-13 10:13:32 UTC