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Wex Bank

IDRSSD: 2700984
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
88
/ 100
StrongAs 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 #2700984 2023-Q4 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
    Net charge-offs elevated
    Asset Quality — NCO YTD 1.68% of loans.

What changed this quarter

Compared to Q3 2023:
↑ +16 ptscomposite
  • Liquidity
    ↑ +12
  • Securities
    — —
  • Capitalization
    ↑ +3
  • Asset Quality
    ↑ +34
  • Reserves
    — —

The five pillars

Liquidity

StrongQoQ +12
87
Sub-score

Liquidity is strong: brokered 15.2%, loans/deposits 56.0%.

Cash / Assets
—
Loans / Deposits
56.04%
Brokered %
15.18%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 5.4% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
5.35%
No watch items at this period.

Capitalization

StrongQoQ +3
100
Sub-score

Capital position is strong: Tier 1 RBC 15.11%, leverage 10.21%.

Tier 1 RBC
15.11%
CET1
—
Leverage
10.21%
No watch items at this period.

Asset Quality

StableQoQ +34
61
Sub-score

Asset quality is stable: Adjusted NPL 0.82%, Texas Ratio 3.4%, NCO YTD 1.68%.

Adjusted NPL
0.82%
Govt-guarantees stripped
Texas Ratio
3.4%
NCO YTD
1.68%
30-89 PD
13.92%
Band 0.3% / 3.0%
90+ PD
0.72%
Band 0.1% / 2.0%

Watch Items

  • watchNet charge-offs elevated — NCO YTD 1.68% of loans.

Reserves

Strong
100
Sub-score

Reserves are strong: ALLL 1.71% of loans, coverage 212.7%, true coverage 212.7%.

ALLL / Loans
1.71%
Coverage
212.7%
True Loss Coverage
212.7%
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: 2026-05-13 12:06:10 UTC