Call reports 2005
VERSABANK USA, NATIONAL ASSOCIATION — 2005
What VERSABANK USA, NATIONAL ASSOCIATION reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 54,263,000 | 55,197,000 | 52,672,000 | 56,108,000 |
| Total loans | 45,468,000 | 47,065,000 | 45,090,000 | 51,957,000 |
| Allowance for loan losses | 1,045,000 | 1,069,000 | 1,094,000 | 592,000 |
| Securities available for sale | 4,515,000 | 3,829,000 | 3,717,000 | 3,634,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,684,000 | 47,525,000 | 45,291,000 | 48,072,000 |
| Interest-bearing deposits | 44,183,000 | 44,995,000 | 42,737,000 | 45,564,000 |
| Noninterest-bearing deposits | 2,501,000 | 2,530,000 | 2,554,000 | 2,508,000 |
| Equity capital | 7,025,000 | 7,390,000 | 7,088,000 | 7,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 830,000 | 1,665,000 | 2,545,000 | 3,443,000 |
| Interest expense | 240,000 | 511,000 | 816,000 | 1,161,000 |
| Net interest income | 590,000 | 1,154,000 | 1,729,000 | 2,282,000 |
| Noninterest income | 23,000 | 52,000 | 80,000 | 103,000 |
| Noninterest expense | 204,000 | 415,000 | 624,000 | 861,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 140,000 |
| Pretax income | 379,000 | 751,000 | 1,115,000 | 1,404,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 378,000 | 750,000 | 1,114,000 | 1,403,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,025,000 | 7,397,000 | 7,111,000 | 7,400,000 |
| Total capital | 7,624,000 | 8,008,000 | 7,694,000 | 7,992,000 |
| Risk-weighted assets | 47,512,000 | 48,451,000 | 46,137,000 | 52,483,000 |
Machine access — free, no API key
Every figure shown here about VERSABANK USA, NATIONAL ASSOCIATION — 2005 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts, and since 27 September get_timeseries for a metric over time with its gap years made explicit and compare_entities for several entities on one shared period) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.