Call reports 2024
VERITEX COMMUNITY BANK — 2024
What VERITEX COMMUNITY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 12,663,074,000 | 12,645,405,000 | 12,993,076,000 | 12,717,697,000 |
| Total loans | 9,763,844,000 | 9,834,187,000 | 9,707,721,000 | 9,593,853,000 |
| Allowance for loan losses | 112,032,000 | 113,431,000 | 117,162,000 | 111,745,000 |
| Securities available for sale | 1,166,268,000 | 1,172,122,000 | 1,243,246,000 | 1,294,512,000 |
| Securities held to maturity | 178,662,000 | 177,232,000 | 180,364,000 | 184,026,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,659,233,000 | 10,767,429,000 | 11,062,380,000 | 10,780,947,000 |
| Interest-bearing deposits | 8,304,609,000 | 8,308,117,000 | 8,392,117,000 | 8,561,135,000 |
| Noninterest-bearing deposits | 2,354,624,000 | 2,459,312,000 | 2,670,263,000 | 2,219,812,000 |
| Equity capital | 1,721,920,000 | 1,699,599,000 | 1,767,005,000 | 1,755,687,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 184,566,000 | 375,793,000 | 572,435,000 | 757,135,000 |
| Interest expense | 88,667,000 | 180,565,000 | 274,050,000 | 359,300,000 |
| Net interest income | 95,899,000 | 195,228,000 | 298,385,000 | 397,835,000 |
| Noninterest income | 12,433,000 | 22,464,000 | 34,577,000 | 48,725,000 |
| Noninterest expense | 61,124,000 | 123,141,000 | 192,123,000 | 262,422,000 |
| Provision for loan losses | 7,500,000 | 15,750,000 | 19,750,000 | 22,050,000 |
| Pretax income | 34,840,000 | 73,891,000 | 116,535,000 | 153,245,000 |
| Income tax | 7,961,000 | 16,944,000 | 25,762,000 | 34,732,000 |
| Net income | 26,879,000 | 56,947,000 | 90,773,000 | 118,513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,365,973,000 | 1,351,766,000 | 1,385,620,000 | 1,402,462,000 |
| Total capital | 1,475,046,000 | 1,462,157,000 | 1,499,516,000 | 1,510,901,000 |
| Risk-weighted assets | 11,362,125,000 | 11,412,073,000 | 11,240,901,000 | 11,200,709,000 |