Call reports 2018
VERITEX COMMUNITY BANK — 2018
What VERITEX COMMUNITY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 3,067,271,000 | 3,133,651,000 | 3,281,024,000 | 3,207,962,000 |
| Total loans | 2,316,957,000 | 2,419,339,000 | 2,445,924,000 | 2,556,752,000 |
| Allowance for loan losses | 13,401,000 | 14,842,000 | 17,909,000 | 19,255,000 |
| Securities available for sale | 243,164,000 | 252,187,000 | 256,237,000 | 262,695,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,541,671,000 | 2,535,896,000 | 2,704,538,000 | 2,662,903,000 |
| Interest-bearing deposits | 1,896,569,000 | 1,879,103,000 | 1,994,500,000 | 1,996,146,000 |
| Noninterest-bearing deposits | 645,102,000 | 656,793,000 | 710,038,000 | 666,757,000 |
| Equity capital | 468,606,000 | 480,563,000 | 491,973,000 | 506,550,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 34,104,000 | 68,956,000 | 106,872,000 | 145,049,000 |
| Interest expense | 4,758,000 | 11,444,000 | 19,836,000 | 29,071,000 |
| Net interest income | 29,346,000 | 57,512,000 | 87,036,000 | 115,978,000 |
| Noninterest income | 2,750,000 | 5,038,000 | 7,478,000 | 11,139,000 |
| Noninterest expense | 16,925,000 | 32,255,000 | 47,477,000 | 63,992,000 |
| Provision for loan losses | 678,000 | 2,182,000 | 5,239,000 | 6,603,000 |
| Pretax income | 14,501,000 | 28,125,000 | 41,776,000 | 56,458,000 |
| Income tax | 3,638,000 | 6,214,000 | 8,348,000 | 11,611,000 |
| Net income | 10,863,000 | 21,911,000 | 33,428,000 | 44,847,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 292,160,000 | 308,785,000 | 322,112,000 | 334,387,000 |
| Total capital | 305,561,000 | 323,627,000 | 340,021,000 | 353,642,000 |
| Risk-weighted assets | 2,669,486,000 | 2,765,873,000 | 2,894,469,000 | 3,037,406,000 |