FACTANKER · measured, cited, anchored official records connected

Call report 2017Q3

VERUS BANK — 2017Q3

The 22 measures VERUS BANK reported to the FFIEC for 2017Q3, each linked to its source filing.

PERIOD: 2017Q3SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/9313df16-3ef3-4274-91a3-48ddf24a6f55/2017Q3

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets136,583,000USDevidence →
Total loans88,545,000USDevidence →
Allowance for loan losses858,000USDevidence →
Securities available for sale36,413,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits121,721,000USDevidence →
Interest-bearing deposits75,574,000USDevidence →
Noninterest-bearing deposits46,147,000USDevidence →
Equity capital12,230,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income3,663,000USDevidence →
Interest expense167,000USDevidence →
Net interest income3,496,000USDevidence →
Noninterest income1,170,000USDevidence →
Noninterest expense3,500,000USDevidence →
Provision for loan losses6,000USDevidence →
Pretax income1,172,000USDevidence →
Income tax47,000USDevidence →
Net income1,125,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital12,176,000USDevidence →
Total capital13,034,000USDevidence →
Risk-weighted assets97,422,000USDevidence →