Call report 2016Q4
VERUS BANK — 2016Q4
The 22 measures VERUS BANK reported to the FFIEC for 2016Q4, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 136,105,000 | USD | evidence → |
| Total loans | 89,445,000 | USD | evidence → |
| Allowance for loan losses | 857,000 | USD | evidence → |
| Securities available for sale | 33,444,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 114,726,000 | USD | evidence → |
| Interest-bearing deposits | 74,000,000 | USD | evidence → |
| Noninterest-bearing deposits | 40,726,000 | USD | evidence → |
| Equity capital | 11,369,000 | 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 | 4,766,000 | USD | evidence → |
| Interest expense | 234,000 | USD | evidence → |
| Net interest income | 4,532,000 | USD | evidence → |
| Noninterest income | 1,573,000 | USD | evidence → |
| Noninterest expense | 4,649,000 | USD | evidence → |
| Provision for loan losses | 77,000 | USD | evidence → |
| Pretax income | 1,383,000 | USD | evidence → |
| Income tax | 57,000 | USD | evidence → |
| Net income | 1,326,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 11,711,000 | USD | evidence → |
| Total capital | 12,568,000 | USD | evidence → |
| Risk-weighted assets | 96,662,000 | USD | evidence → |