Call report 2008Q1
VERUS BANK — 2008Q1
The 22 measures VERUS BANK reported to the FFIEC for 2008Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 100,507,000 | USD | evidence → |
| Total loans | 58,577,000 | USD | evidence → |
| Allowance for loan losses | 641,000 | USD | evidence → |
| Securities available for sale | 18,838,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 91,468,000 | USD | evidence → |
| Interest-bearing deposits | 68,780,000 | USD | evidence → |
| Noninterest-bearing deposits | 22,688,000 | USD | evidence → |
| Equity capital | 8,299,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 1,410,000 | USD | evidence → |
| Interest expense | 471,000 | USD | evidence → |
| Net interest income | 939,000 | USD | evidence → |
| Noninterest income | 433,000 | USD | evidence → |
| Noninterest expense | 1,123,000 | USD | evidence → |
| Provision for loan losses | 32,000 | USD | evidence → |
| Pretax income | 217,000 | USD | evidence → |
| Income tax | 8,000 | USD | evidence → |
| Net income | 209,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 7,997,000 | USD | evidence → |
| Total capital | 8,638,000 | USD | evidence → |
| Risk-weighted assets | 69,172,000 | USD | evidence → |