Call reports 2012
VERITY BANK — 2012
What VERITY BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 157,802,000 | 162,553,000 | 166,147,000 | 172,433,000 |
| Total loans | 107,338,000 | 110,872,000 | 115,436,000 | 112,059,000 |
| Allowance for loan losses | 1,490,000 | 1,588,000 | 1,628,000 | 1,724,000 |
| Securities available for sale | 21,423,000 | 22,720,000 | 22,586,000 | 24,613,000 |
| Securities held to maturity | 812,000 | 812,000 | 1,313,000 | 1,313,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,237,000 | 141,800,000 | 144,951,000 | 149,523,000 |
| Interest-bearing deposits | 129,257,000 | 133,463,000 | 132,460,000 | 134,722,000 |
| Noninterest-bearing deposits | 8,980,000 | 8,337,000 | 12,491,000 | 14,801,000 |
| Equity capital | 16,095,000 | 17,123,000 | 17,566,000 | 19,499,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,613,000 | 3,307,000 | 5,048,000 | 6,785,000 |
| Interest expense | 329,000 | 670,000 | 978,000 | 1,241,000 |
| Net interest income | 1,284,000 | 2,637,000 | 4,070,000 | 5,544,000 |
| Noninterest income | 101,000 | 863,000 | 923,000 | 1,277,000 |
| Noninterest expense | 1,071,000 | 2,269,000 | 3,444,000 | 4,729,000 |
| Provision for loan losses | -271,000 | -173,000 | -133,000 | -37,000 |
| Pretax income | 585,000 | 1,404,000 | 1,709,000 | 2,172,000 |
| Income tax | 0 | 0 | 0 | -1,465,000 |
| Net income | 585,000 | 1,404,000 | 1,709,000 | 3,637,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,862,000 | 16,802,000 | 17,148,000 | 18,740,000 |
| Total capital | 17,231,000 | 18,245,000 | 18,636,000 | 20,210,000 |
| Risk-weighted assets | 109,432,000 | 115,297,000 | 118,918,000 | 117,374,000 |