Call report 2013Q4
VERUS BANK — 2013Q4
The 22 measures VERUS BANK reported to the FFIEC for 2013Q4, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 127,000,000 | USD | evidence → |
| Total loans | 83,449,000 | USD | evidence → |
| Allowance for loan losses | 816,000 | USD | evidence → |
| Securities available for sale | 31,774,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 109,370,000 | USD | evidence → |
| Interest-bearing deposits | 75,618,000 | USD | evidence → |
| Noninterest-bearing deposits | 33,752,000 | USD | evidence → |
| Equity capital | 11,274,000 | 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 | 4,721,000 | USD | evidence → |
| Interest expense | 265,000 | USD | evidence → |
| Net interest income | 4,456,000 | USD | evidence → |
| Noninterest income | 1,687,000 | USD | evidence → |
| Noninterest expense | 4,865,000 | USD | evidence → |
| Provision for loan losses | 4,000 | USD | evidence → |
| Pretax income | 1,274,000 | USD | evidence → |
| Income tax | 50,000 | USD | evidence → |
| Net income | 1,224,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 11,526,000 | USD | evidence → |
| Total capital | 12,342,000 | USD | evidence → |
| Risk-weighted assets | 89,535,000 | USD | evidence → |