Call reports 2026
VERUS BANK OF COMMERCE — 2026
What VERUS BANK OF COMMERCE reported to the FFIEC in 2026, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Total assets | 207,082,000 | 202,364,000 |
| Total loans | 177,301,000 | 176,431,000 |
| Allowance for loan losses | 1,353,000 | 1,353,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 161,176,000 | 162,856,000 |
| Interest-bearing deposits | 115,773,000 | 111,505,000 |
| Noninterest-bearing deposits | 45,403,000 | 51,351,000 |
| Equity capital | 37,141,000 | 37,746,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Interest income | 2,847,000 | 5,767,000 |
| Interest expense | 898,000 | 1,789,000 |
| Net interest income | 1,949,000 | 3,978,000 |
| Noninterest income | 127,000 | 252,000 |
| Noninterest expense | 1,539,000 | 2,895,000 |
| Provision for loan losses | 18,000 | 18,000 |
| Pretax income | 537,000 | 1,335,000 |
| Income tax | 126,000 | 312,000 |
| Net income | 411,000 | 1,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Tier 1 capital | 36,688,000 | 37,278,000 |