Call reports 2017
VERITEX COMMUNITY BANK — 2017
What VERITEX COMMUNITY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,521,181,000 | 1,507,746,000 | 2,493,717,000 | 2,947,564,000 |
| Total loans | 1,022,846,000 | 1,126,546,000 | 1,909,660,000 | 2,260,645,000 |
| Allowance for loan losses | 8,816,000 | 9,740,000 | 10,492,000 | 12,808,000 |
| Securities available for sale | 138,698,000 | 134,708,000 | 204,788,000 | 228,117,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,319,009,000 | 1,308,019,000 | 2,057,801,000 | 2,389,636,000 |
| Interest-bearing deposits | 883,470,000 | 874,050,000 | 1,490,031,000 | 1,690,694,000 |
| Noninterest-bearing deposits | 435,539,000 | 433,969,000 | 567,770,000 | 698,942,000 |
| Equity capital | 152,821,000 | 158,068,000 | 389,459,000 | 459,303,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 13,079,000 | 27,502,000 | 49,811,000 | 79,842,000 |
| Interest expense | 1,717,000 | 3,547,000 | 6,520,000 | 10,447,000 |
| Net interest income | 11,362,000 | 23,955,000 | 43,291,000 | 69,395,000 |
| Noninterest income | 1,523,000 | 3,173,000 | 4,912,000 | 7,056,000 |
| Noninterest expense | 7,092,000 | 14,409,000 | 25,577,000 | 39,821,000 |
| Provision for loan losses | 890,000 | 1,833,000 | 2,585,000 | 5,115,000 |
| Pretax income | 4,903,000 | 10,886,000 | 20,246,000 | 31,737,000 |
| Income tax | 1,506,000 | 3,510,000 | 6,694,000 | 13,758,000 |
| Net income | 3,397,000 | 7,376,000 | 13,552,000 | 17,979,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 125,275,000 | 129,641,000 | 245,264,000 | 283,399,000 |
| Total capital | 134,091,000 | 139,381,000 | 255,756,000 | 296,207,000 |
| Risk-weighted assets | 1,091,980,000 | 1,251,523,000 | 2,208,340,000 | 2,596,043,000 |