FACTANKER · measured, cited, anchored official records connected

Call report 2008Q2

VERUS BANK — 2008Q2

The 22 measures VERUS BANK reported to the FFIEC for 2008Q2, each linked to its source filing.

PERIOD: 2008Q2SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/9313df16-3ef3-4274-91a3-48ddf24a6f55/2008Q2

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets100,775,000USDevidence →
Total loans59,556,000USDevidence →
Allowance for loan losses643,000USDevidence →
Securities available for sale18,589,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits91,938,000USDevidence →
Interest-bearing deposits67,268,000USDevidence →
Noninterest-bearing deposits24,670,000USDevidence →
Equity capital8,147,000USDevidence →

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 income2,805,000USDevidence →
Interest expense878,000USDevidence →
Net interest income1,927,000USDevidence →
Noninterest income918,000USDevidence →
Noninterest expense2,266,000USDevidence →
Provision for loan losses34,000USDevidence →
Pretax income545,000USDevidence →
Income tax21,000USDevidence →
Net income524,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital8,155,000USDevidence →
Total capital8,798,000USDevidence →
Risk-weighted assets69,178,000USDevidence →