Call reports 2010
VERITEX COMMUNITY BANK — 2010
What VERITEX COMMUNITY BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 135,234,000 | 141,459,000 | 175,133,000 | 198,055,000 |
| Total loans | 88,341,000 | 90,490,000 | 90,650,000 | 100,903,000 |
| Allowance for loan losses | 1,061,000 | 1,057,000 | 0 | 166,000 |
| Securities available for sale | 37,970,000 | 40,071,000 | 49,273,000 | 69,502,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,959,000 | 119,671,000 | 137,981,000 | 161,778,000 |
| Interest-bearing deposits | 92,223,000 | 96,517,000 | 108,207,000 | 116,523,000 |
| Noninterest-bearing deposits | 21,736,000 | 23,154,000 | 29,775,000 | 45,255,000 |
| Equity capital | 10,933,000 | 11,357,000 | 26,038,000 | 25,683,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,696,000 | 3,418,000 | 500,000 | 2,475,000 |
| Interest expense | 409,000 | 826,000 | 102,000 | 464,000 |
| Net interest income | 1,287,000 | 2,592,000 | 398,000 | 2,011,000 |
| Noninterest income | 150,000 | 256,000 | 43,000 | 185,000 |
| Noninterest expense | 1,201,000 | 2,407,000 | 508,000 | 2,359,000 |
| Provision for loan losses | 0 | 0 | 0 | 166,000 |
| Pretax income | 236,000 | 441,000 | -64,000 | -329,000 |
| Income tax | 83,000 | 155,000 | -85,000 | 0 |
| Net income | 153,000 | 286,000 | 21,000 | -329,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,658,000 | 10,923,000 | 14,477,000 | 15,017,000 |
| Total capital | 11,672,000 | 11,947,000 | 14,477,000 | 15,183,000 |
| Risk-weighted assets | 80,293,000 | 81,756,000 | 98,533,000 | 113,069,000 |