Call report 2016Q2
VERUS BANK — 2016Q2
The 22 measures VERUS BANK reported to the FFIEC for 2016Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 134,466,000 | USD | evidence → |
| Total loans | 86,901,000 | USD | evidence → |
| Allowance for loan losses | 838,000 | USD | evidence → |
| Securities available for sale | 33,347,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 119,467,000 | USD | evidence → |
| Interest-bearing deposits | 81,616,000 | USD | evidence → |
| Noninterest-bearing deposits | 37,851,000 | USD | evidence → |
| Equity capital | 12,842,000 | 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 | 2,390,000 | USD | evidence → |
| Interest expense | 120,000 | USD | evidence → |
| Net interest income | 2,270,000 | USD | evidence → |
| Noninterest income | 763,000 | USD | evidence → |
| Noninterest expense | 2,300,000 | USD | evidence → |
| Provision for loan losses | 53,000 | USD | evidence → |
| Pretax income | 684,000 | USD | evidence → |
| Income tax | 27,000 | USD | evidence → |
| Net income | 657,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 12,529,000 | USD | evidence → |
| Total capital | 13,367,000 | USD | evidence → |
| Risk-weighted assets | 95,627,000 | USD | evidence → |