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The Farmers And Merchants Bank

IDRSSD: 574949
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
71
/ 100
StableAs of 2024-Q3QoQ -9

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 #574949 2024-Q3 Vital Signs Score: 71/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. risk
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 18.5% (Adjusted NPL + Performing Mods denominator).
  2. risk
    Brokered deposits above 30%
    Liquidity — Brokered 58.8% of deposits (threshold 30%).
  3. info
    Cash / Assets below 3%
    Liquidity — Cash 2.13% of assets (threshold 3%).

What changed this quarter

Compared to Q2 2024:
↓ -9 ptscomposite
  • Liquidity
    ↓ -1
  • Securities
    — —
  • Capitalization
    ↑ +2
  • Asset Quality
    ↓ -8
  • Reserves
    ↓ -50

The five pillars

Liquidity

WatchQoQ -1
51
Sub-score

Liquidity is deteriorating: brokered 58.8%, loans/deposits 92.2%, cash 2.1% of assets.

Cash / Assets
2.13%
Loans / Deposits
92.22%
Brokered %
58.83%

Watch Items

  • riskBrokered deposits above 30% — Brokered 58.8% of deposits (threshold 30%).
  • infoCash / Assets below 3% — Cash 2.13% of assets (threshold 3%).

Securities

Strong
100
Sub-score

Securities profile is strong: securities 4.9% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
4.90%
No watch items at this period.

Capitalization

StableQoQ +2
69
Sub-score

Capital position is stable: Tier 1 RBC 11.43%, CET1 11.43%, leverage 8.99%.

Tier 1 RBC
11.43%
CET1
11.43%
Leverage
8.99%
No watch items at this period.

Asset Quality

StrongQoQ -8
91
Sub-score

Asset quality is strong: Adjusted NPL 0.95%, Texas Ratio 7.5%, NCO YTD 0.64%.

Adjusted NPL
0.95%
Govt-guarantees stripped
Texas Ratio
7.5%
NCO YTD
0.64%
30-89 PD
0.17%
Band 0.3% / 3.0%
90+ PD
0.00%
Band 0.1% / 2.0%
No watch items at this period.

Reserves

RiskQoQ -50
36
Sub-score

Reserves are weak: ALLL 1.11% of loans, coverage 118.7%, true coverage 18.5%.

ALLL / Loans
1.11%
Coverage
118.7%
True Loss Coverage
18.5%

Watch Items

  • riskTrue Loss Coverage Ratio below 50% — True coverage 18.5% (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 01:27:02 UTC