Call report 2017Q1
VERUS BANK — 2017Q1
The 22 measures VERUS BANK reported to the FFIEC for 2017Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 136,754,000 | USD | evidence → |
| Total loans | 87,542,000 | USD | evidence → |
| Allowance for loan losses | 862,000 | USD | evidence → |
| Securities available for sale | 36,553,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 123,049,000 | USD | evidence → |
| Interest-bearing deposits | 78,657,000 | USD | evidence → |
| Noninterest-bearing deposits | 44,392,000 | USD | evidence → |
| Equity capital | 11,873,000 | 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 | 1,204,000 | USD | evidence → |
| Interest expense | 55,000 | USD | evidence → |
| Net interest income | 1,149,000 | USD | evidence → |
| Noninterest income | 372,000 | USD | evidence → |
| Noninterest expense | 1,148,000 | USD | evidence → |
| Provision for loan losses | 6,000 | USD | evidence → |
| Pretax income | 367,000 | USD | evidence → |
| Income tax | 14,000 | USD | evidence → |
| Net income | 353,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 12,064,000 | USD | evidence → |
| Total capital | 12,926,000 | USD | evidence → |
| Risk-weighted assets | 95,483,000 | USD | evidence → |