Call reports 2013
VERITEX COMMUNITY BANK — 2013
What VERITEX COMMUNITY BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 563,387,000 | 595,979,000 | 600,083,000 | 665,066,000 |
| Total loans | 413,888,000 | 425,114,000 | 452,995,000 | 497,227,000 |
| Allowance for loan losses | 3,661,000 | 4,145,000 | 4,523,000 | 5,018,000 |
| Securities available for sale | 31,660,000 | 38,530,000 | 39,157,000 | 45,604,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 482,960,000 | 514,721,000 | 517,064,000 | 575,957,000 |
| Interest-bearing deposits | 307,422,000 | 300,977,000 | 331,067,000 | 354,949,000 |
| Noninterest-bearing deposits | 175,538,000 | 213,744,000 | 185,997,000 | 221,008,000 |
| Equity capital | 63,719,000 | 64,390,000 | 66,401,000 | 72,486,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 5,504,000 | 11,317,000 | 17,269,000 | 23,615,000 |
| Interest expense | 588,000 | 1,185,000 | 1,772,000 | 2,397,000 |
| Net interest income | 4,916,000 | 10,132,000 | 15,497,000 | 21,218,000 |
| Noninterest income | 594,000 | 1,246,000 | 1,766,000 | 2,275,000 |
| Noninterest expense | 4,022,000 | 8,004,000 | 12,005,000 | 16,127,000 |
| Provision for loan losses | 498,000 | 1,008,000 | 1,383,000 | 1,883,000 |
| Pretax income | 990,000 | 2,366,000 | 3,875,000 | 5,483,000 |
| Income tax | 334,000 | 819,000 | 1,333,000 | 1,878,000 |
| Net income | 656,000 | 1,547,000 | 2,542,000 | 3,605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,910,000 | 43,933,000 | 46,060,000 | 52,257,000 |
| Total capital | 46,571,000 | 48,078,000 | 50,583,000 | 57,275,000 |
| Risk-weighted assets | 414,289,000 | 430,393,000 | 464,044,000 | 503,701,000 |