Call reports 2011
VERITEX COMMUNITY BANK — 2011
What VERITEX COMMUNITY BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 350,206,000 | 371,337,000 | 371,512,000 | 437,519,000 |
| Total loans | 210,243,000 | 228,705,000 | 239,198,000 | 297,611,000 |
| Allowance for loan losses | 221,000 | 418,000 | 564,000 | 1,012,000 |
| Securities available for sale | 69,209,000 | 80,118,000 | 59,186,000 | 42,688,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 285,621,000 | 305,667,000 | 298,512,000 | 365,687,000 |
| Interest-bearing deposits | 219,669,000 | 222,656,000 | 212,659,000 | 252,142,000 |
| Noninterest-bearing deposits | 65,952,000 | 83,011,000 | 85,853,000 | 113,545,000 |
| Equity capital | 52,805,000 | 53,636,000 | 60,795,000 | 60,514,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,256,000 | 6,280,000 | 10,249,000 | 14,853,000 |
| Interest expense | 354,000 | 974,000 | 1,543,000 | 2,129,000 |
| Net interest income | 1,902,000 | 5,306,000 | 8,706,000 | 12,724,000 |
| Noninterest income | 148,000 | 496,000 | 694,000 | 857,000 |
| Noninterest expense | 1,912,000 | 5,007,000 | 8,343,000 | 12,311,000 |
| Provision for loan losses | 55,000 | 315,000 | 505,000 | 960,000 |
| Pretax income | 83,000 | 480,000 | 865,000 | 731,000 |
| Income tax | 0 | 0 | 0 | 213,000 |
| Net income | 83,000 | 480,000 | 865,000 | 518,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,229,000 | 33,678,000 | 40,829,000 | 39,786,000 |
| Total capital | 33,450,000 | 34,096,000 | 41,393,000 | 40,798,000 |
| Risk-weighted assets | 230,582,000 | 232,075,000 | 237,558,000 | 290,585,000 |