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The Fairmount State Bank

IDRSSD: 503547
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
61
/ 100
StableAs of 2024-Q3QoQ -4

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 #503547 2024-Q3 Vital Signs Score: 61/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (watch).

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

Top 3 Watch Items

  1. risk
    CET1 below 7%
    Capitalization — CET1 0.00% (threshold 7%).
  2. info
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 2.83% (govt-guarantees stripped).
  3. info
    Net charge-offs elevated
    Asset Quality — NCO YTD 1.37% of loans.

What changed this quarter

Compared to Q2 2024:
↓ -4 ptscomposite
  • Liquidity
    ↓ -4
  • Securities
    — —
  • Capitalization
    — —
  • Asset Quality
    ↓ -6
  • Reserves
    ↓ -13

The five pillars

Liquidity

StrongQoQ -4
83
Sub-score

Liquidity is strong: brokered 0.0%, loans/deposits 86.2%, cash 5.9% of assets.

Cash / Assets
5.90%
Loans / Deposits
86.17%
Brokered %
0.00%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 15.2% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
15.24%
No watch items at this period.

Capitalization

Watch
50
Sub-score

Capital position is deteriorating: CET1 0.00%, leverage 13.43%.

Tier 1 RBC
—
CET1
0.00%
Leverage
13.43%

Watch Items

  • riskCET1 below 7% — CET1 0.00% (threshold 7%).

Asset Quality

WatchQoQ -6
45
Sub-score

Asset quality is deteriorating: Adjusted NPL 2.83%, Texas Ratio 14.6%, NCO YTD 1.37%.

Adjusted NPL
2.83%
Govt-guarantees stripped
Texas Ratio
14.6%
NCO YTD
1.37%
30-89 PD
2.81%
Band 0.3% / 3.0%
90+ PD
0.96%
Band 0.1% / 2.0%

Watch Items

  • infoAdjusted NPL above 2% — Adjusted NPL 2.83% (govt-guarantees stripped).
  • infoNet charge-offs elevated — NCO YTD 1.37% of loans.

Reserves

WatchQoQ -13
40
Sub-score

Reserves are deteriorating: ALLL 1.41% of loans, coverage 50.7%, true coverage 50.7%.

ALLL / Loans
1.41%
Coverage
50.7%
True Loss Coverage
50.7%
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%. 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 20:13:44 UTC