Call report 2016Q1
VERUS BANK — 2016Q1
The 22 measures VERUS BANK reported to the FFIEC for 2016Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 134,042,000 | USD | evidence → |
| Total loans | 88,703,000 | USD | evidence → |
| Allowance for loan losses | 836,000 | USD | evidence → |
| Securities available for sale | 31,639,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 119,159,000 | USD | evidence → |
| Interest-bearing deposits | 79,430,000 | USD | evidence → |
| Noninterest-bearing deposits | 39,729,000 | USD | evidence → |
| Equity capital | 12,814,000 | 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 | 1,199,000 | USD | evidence → |
| Interest expense | 58,000 | USD | evidence → |
| Net interest income | 1,141,000 | USD | evidence → |
| Noninterest income | 348,000 | USD | evidence → |
| Noninterest expense | 1,131,000 | USD | evidence → |
| Provision for loan losses | 22,000 | USD | evidence → |
| Pretax income | 340,000 | USD | evidence → |
| Income tax | 13,000 | USD | evidence → |
| Net income | 327,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 12,598,000 | USD | evidence → |
| Total capital | 13,434,000 | USD | evidence → |
| Risk-weighted assets | 97,229,000 | USD | evidence → |