Call reports 2023
VERITEX COMMUNITY BANK — 2023
What VERITEX COMMUNITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 12,601,304,000 | 12,461,693,000 | 12,336,815,000 | 12,384,382,000 |
| Total loans | 9,717,476,000 | 9,723,314,000 | 9,669,527,000 | 9,663,412,000 |
| Allowance for loan losses | 98,694,000 | 102,150,000 | 109,831,000 | 109,816,000 |
| Securities available for sale | 966,123,000 | 961,045,000 | 879,083,000 | 1,076,639,000 |
| Securities held to maturity | 184,836,000 | 182,975,000 | 181,546,000 | 180,403,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,046,493,000 | 9,249,557,000 | 10,219,917,000 | 10,364,186,000 |
| Interest-bearing deposits | 6,822,349,000 | 6,999,800,000 | 7,833,178,000 | 8,120,159,000 |
| Noninterest-bearing deposits | 2,224,144,000 | 2,249,757,000 | 2,386,739,000 | 2,244,027,000 |
| Equity capital | 1,708,607,000 | 1,699,663,000 | 1,693,334,000 | 1,727,346,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 169,619,000 | 352,118,000 | 539,212,000 | 726,795,000 |
| Interest expense | 63,211,000 | 141,830,000 | 226,466,000 | 315,408,000 |
| Net interest income | 106,408,000 | 210,288,000 | 312,746,000 | 411,387,000 |
| Noninterest income | 18,041,000 | 31,295,000 | 40,685,000 | 21,965,000 |
| Noninterest expense | 55,525,000 | 111,583,000 | 170,043,000 | 228,974,000 |
| Provision for loan losses | 8,500,000 | 23,500,000 | 33,012,000 | 42,512,000 |
| Pretax income | 52,847,000 | 99,895,000 | 145,261,000 | 158,691,000 |
| Income tax | 11,731,000 | 22,211,000 | 32,220,000 | 39,044,000 |
| Net income | 41,116,000 | 77,684,000 | 113,041,000 | 119,647,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,331,501,000 | 1,354,077,000 | 1,376,779,000 | 1,368,384,000 |
| Total capital | 1,424,435,000 | 1,448,929,000 | 1,477,654,000 | 1,467,960,000 |
| Risk-weighted assets | 11,977,903,000 | 11,733,694,000 | 11,607,762,000 | 11,377,869,000 |