Call report 2017Q4
VERUS BANK — 2017Q4
The 22 measures VERUS BANK reported to the FFIEC for 2017Q4, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 137,738,000 | USD | evidence → |
| Total loans | 90,133,000 | USD | evidence → |
| Allowance for loan losses | 869,000 | USD | evidence → |
| Securities available for sale | 35,414,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 116,807,000 | USD | evidence → |
| Interest-bearing deposits | 71,013,000 | USD | evidence → |
| Noninterest-bearing deposits | 45,794,000 | USD | evidence → |
| Equity capital | 12,008,000 | 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 | 4,913,000 | USD | evidence → |
| Interest expense | 223,000 | USD | evidence → |
| Net interest income | 4,690,000 | USD | evidence → |
| Noninterest income | 1,568,000 | USD | evidence → |
| Noninterest expense | 4,698,000 | USD | evidence → |
| Provision for loan losses | 18,000 | USD | evidence → |
| Pretax income | 1,557,000 | USD | evidence → |
| Income tax | 62,000 | USD | evidence → |
| Net income | 1,495,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 12,249,000 | USD | evidence → |
| Total capital | 13,118,000 | USD | evidence → |
| Risk-weighted assets | 99,235,000 | USD | evidence → |