Call reports 2016
VERITEX COMMUNITY BANK — 2016
What VERITEX COMMUNITY BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,130,218,000 | 1,214,961,000 | 1,268,701,000 | 1,408,235,000 |
| Total loans | 888,947,000 | 932,740,000 | 931,517,000 | 997,050,000 |
| Allowance for loan losses | 7,372,000 | 7,910,000 | 8,102,000 | 8,524,000 |
| Securities available for sale | 79,146,000 | 83,677,000 | 86,772,000 | 102,559,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 960,396,000 | 1,031,758,000 | 1,081,030,000 | 1,217,996,000 |
| Interest-bearing deposits | 649,578,000 | 673,159,000 | 772,245,000 | 792,016,000 |
| Noninterest-bearing deposits | 310,818,000 | 358,599,000 | 308,785,000 | 425,980,000 |
| Equity capital | 128,757,000 | 142,521,000 | 146,415,000 | 148,828,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 10,786,000 | 22,365,000 | 34,423,000 | 46,813,000 |
| Interest expense | 997,000 | 2,150,000 | 3,590,000 | 5,254,000 |
| Net interest income | 9,789,000 | 20,215,000 | 30,833,000 | 41,559,000 |
| Noninterest income | 1,356,000 | 2,664,000 | 4,553,000 | 6,269,000 |
| Noninterest expense | 5,840,000 | 12,010,000 | 18,697,000 | 25,399,000 |
| Provision for loan losses | 845,000 | 1,372,000 | 1,610,000 | 2,050,000 |
| Pretax income | 4,475,000 | 9,512,000 | 15,094,000 | 20,394,000 |
| Income tax | 1,509,000 | 3,224,000 | 5,144,000 | 6,947,000 |
| Net income | 2,966,000 | 6,288,000 | 9,950,000 | 13,447,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 100,399,000 | 114,012,000 | 117,917,000 | 121,903,000 |
| Total capital | 107,771,000 | 121,922,000 | 126,019,000 | 130,427,000 |
| Risk-weighted assets | 914,558,000 | 954,171,000 | 976,261,000 | 1,037,677,000 |