Call reports 2014
VERITEX COMMUNITY BANK — 2014
What VERITEX COMMUNITY BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 669,926,000 | 710,061,000 | 744,220,000 | 801,872,000 |
| Total loans | 502,529,000 | 547,261,000 | 584,766,000 | 612,117,000 |
| Allowance for loan losses | 5,215,000 | 5,516,000 | 5,880,000 | 5,981,000 |
| Securities available for sale | 51,215,000 | 50,547,000 | 47,497,000 | 45,127,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 574,441,000 | 612,785,000 | 645,443,000 | 666,142,000 |
| Interest-bearing deposits | 356,252,000 | 374,976,000 | 401,856,000 | 387,619,000 |
| Noninterest-bearing deposits | 218,189,000 | 237,809,000 | 243,587,000 | 278,523,000 |
| Equity capital | 78,629,000 | 80,257,000 | 81,746,000 | 93,804,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 6,408,000 | 13,279,000 | 20,713,000 | 28,384,000 |
| Interest expense | 621,000 | 1,220,000 | 1,858,000 | 2,540,000 |
| Net interest income | 5,787,000 | 12,059,000 | 18,855,000 | 25,844,000 |
| Noninterest income | 532,000 | 1,114,000 | 1,744,000 | 2,336,000 |
| Noninterest expense | 4,489,000 | 8,757,000 | 13,514,000 | 18,112,000 |
| Provision for loan losses | 252,000 | 677,000 | 1,097,000 | 1,423,000 |
| Pretax income | 1,612,000 | 3,773,000 | 6,022,000 | 8,679,000 |
| Income tax | 561,000 | 1,335,000 | 2,115,000 | 2,962,000 |
| Net income | 1,051,000 | 2,438,000 | 3,907,000 | 5,717,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,482,000 | 59,964,000 | 61,579,000 | 73,634,000 |
| Total capital | 63,697,000 | 65,480,000 | 67,459,000 | 79,615,000 |
| Risk-weighted assets | 507,008,000 | 546,341,000 | 581,872,000 | 622,344,000 |