Call report 2018Q4
VERUS BANK — 2018Q4
The 22 measures VERUS BANK reported to the FFIEC for 2018Q4, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 139,333,000 | USD | evidence → |
| Total loans | 91,627,000 | USD | evidence → |
| Allowance for loan losses | 884,000 | USD | evidence → |
| Securities available for sale | 35,509,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 123,005,000 | USD | evidence → |
| Interest-bearing deposits | 74,559,000 | USD | evidence → |
| Noninterest-bearing deposits | 48,446,000 | USD | evidence → |
| Equity capital | 10,872,000 | 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 | 5,379,000 | USD | evidence → |
| Interest expense | 385,000 | USD | evidence → |
| Net interest income | 4,994,000 | USD | evidence → |
| Noninterest income | 1,535,000 | USD | evidence → |
| Noninterest expense | 5,725,000 | USD | evidence → |
| Provision for loan losses | 18,000 | USD | evidence → |
| Pretax income | 819,000 | USD | evidence → |
| Income tax | 26,000 | USD | evidence → |
| Net income | 793,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 11,306,000 | USD | evidence → |
| Total capital | 12,190,000 | USD | evidence → |
| Risk-weighted assets | 104,010,000 | USD | evidence → |