FACTANKER · measured, cited, anchored official records connected

Call report 2008Q1

VERUS BANK OF COMMERCE — 2008Q1

The 22 measures VERUS BANK OF COMMERCE reported to the FFIEC for 2008Q1, each linked to its source filing.

PERIOD: 2008Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/525b7cef-bf3c-4b2f-9ab4-4d6908a3b379/2008Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets63,411,000USDevidence →
Total loans59,646,000USDevidence →
Allowance for loan losses929,000USDevidence →
Securities available for sale0USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits44,957,000USDevidence →
Interest-bearing deposits38,838,000USDevidence →
Noninterest-bearing deposits6,119,000USDevidence →
Equity capital9,041,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income1,063,000USDevidence →
Interest expense527,000USDevidence →
Net interest income536,000USDevidence →
Noninterest income62,000USDevidence →
Noninterest expense274,000USDevidence →
Provision for loan losses40,000USDevidence →
Pretax income284,000USDevidence →
Income tax105,000USDevidence →
Net income179,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital9,041,000USDevidence →
Total capital9,813,000USDevidence →
Risk-weighted assets61,635,000USDevidence →

Machine access — free, no API key

Every figure shown here about VERUS BANK OF COMMERCE — 2008Q1 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.