Call reports 2022
VERITEX COMMUNITY BANK — 2022
What VERITEX COMMUNITY BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 10,449,140,000 | 11,298,643,000 | 11,703,492,000 | 12,148,275,000 |
| Total loans | 7,705,539,000 | 8,566,632,000 | 9,054,703,000 | 9,503,292,000 |
| Allowance for loan losses | 72,485,000 | 80,576,000 | 85,037,000 | 91,052,000 |
| Securities available for sale | 1,063,249,000 | 1,170,004,000 | 1,114,886,000 | 1,096,292,000 |
| Securities held to maturity | 181,265,000 | 184,399,000 | 188,118,000 | 186,168,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,923,059,000 | 8,534,384,000 | 8,768,213,000 | 9,141,932,000 |
| Interest-bearing deposits | 5,123,701,000 | 5,569,876,000 | 5,937,032,000 | 6,482,617,000 |
| Noninterest-bearing deposits | 2,799,358,000 | 2,964,508,000 | 2,831,181,000 | 2,659,315,000 |
| Equity capital | 1,643,978,000 | 1,638,352,000 | 1,616,677,000 | 1,649,709,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 80,370,000 | 173,956,000 | 297,169,000 | 449,367,000 |
| Interest expense | 4,679,000 | 11,074,000 | 30,434,000 | 73,597,000 |
| Net interest income | 75,691,000 | 162,882,000 | 266,735,000 | 375,770,000 |
| Noninterest income | 15,109,000 | 25,279,000 | 38,175,000 | 51,893,000 |
| Noninterest expense | 45,744,000 | 92,857,000 | 142,988,000 | 199,347,000 |
| Provision for loan losses | -500,000 | 8,500,000 | 15,150,000 | 26,950,000 |
| Pretax income | 44,579,000 | 85,467,000 | 144,153,000 | 199,323,000 |
| Income tax | 8,733,000 | 17,494,000 | 30,395,000 | 42,973,000 |
| Net income | 35,846,000 | 67,973,000 | 113,758,000 | 156,350,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,183,396,000 | 1,224,304,000 | 1,259,609,000 | 1,291,288,000 |
| Total capital | 1,245,323,000 | 1,292,821,000 | 1,331,963,000 | 1,368,082,000 |
| Risk-weighted assets | 10,025,387,000 | 10,970,398,000 | 11,587,904,000 | 11,993,971,000 |