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The Farmers And Merchants Bank

IDRSSD: 291732
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
—
Profitability

Vital Signs Report — 2024-Q1

Per-quarter snapshot for 2024-Q1: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
88
/ 100
StrongAs of 2024-Q1QoQ +11

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

Quarterly Headline

2024-Q1

Bank #291732 2024-Q1 Vital Signs Score: 88/100 — overall strong. Strongest pillar: Securities (strong). Weakest pillar: Asset Quality (stable).

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

Top 3 Watch Items

  1. watch
    90+ days past due elevated
    Asset Quality — 90+ PD 2.01%.
  2. info
    Adjusted NPL above 2%
    Asset Quality — Adjusted NPL 2.01% (govt-guarantees stripped).

What changed this quarter

Compared to Q4 2023:
↑ +11 ptscomposite
  • Liquidity
    ↓ 0
  • Securities
    — —
  • Capitalization
    ↑ +50
  • Asset Quality
    ↓ -4
  • Reserves
    ↓ -1

The five pillars

Liquidity

StrongQoQ 0
87
Sub-score

Liquidity is strong: brokered 0.0%, loans/deposits 5.0%, cash 4.2% of assets.

Cash / Assets
4.21%
Loans / Deposits
5.01%
Brokered %
0.00%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 2.9% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
2.92%
No watch items at this period.

Capitalization

StrongQoQ +50
100
Sub-score

Capital position is strong: Tier 1 RBC 39.11%, CET1 39.11%, leverage 17.45%.

Tier 1 RBC
39.11%
CET1
39.11%
Leverage
17.45%
No watch items at this period.

Asset Quality

StableQoQ -4
66
Sub-score

Asset quality is stable: Adjusted NPL 2.01%, Texas Ratio 0.5%, NCO YTD -0.08%.

Adjusted NPL
2.01%
Govt-guarantees stripped
Texas Ratio
0.5%
NCO YTD
-0.08%
30-89 PD
1.09%
Band 0.3% / 3.0%
90+ PD
2.01%
Band 0.1% / 2.0%

Watch Items

  • infoAdjusted NPL above 2% — Adjusted NPL 2.01% (govt-guarantees stripped).
  • watch90+ days past due elevated — 90+ PD 2.01%.

Reserves

StrongQoQ -1
96
Sub-score

Reserves are strong: ALLL 3.51% of loans, coverage 180.9%, true coverage 180.9%.

ALLL / Loans
3.51%
Coverage
180.9%
True Loss Coverage
180.9%
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 19:31:55 UTC