Call reports 2012
VERIMORE BANK — 2012
What VERIMORE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 117,889,000 | 118,481,000 | 116,242,000 | 146,401,000 |
| Total loans | 89,002,000 | 93,498,000 | 94,219,000 | 110,973,000 |
| Allowance for loan losses | 1,367,000 | 1,353,000 | 1,537,000 | 1,132,000 |
| Securities available for sale | 17,038,000 | 12,176,000 | 11,542,000 | 17,250,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,057,000 | 103,696,000 | 101,449,000 | 129,172,000 |
| Interest-bearing deposits | 94,425,000 | 93,271,000 | 91,950,000 | 114,318,000 |
| Noninterest-bearing deposits | 9,632,000 | 10,425,000 | 9,499,000 | 14,854,000 |
| Equity capital | 12,423,000 | 12,499,000 | 12,601,000 | 14,741,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,426,000 | 2,825,000 | 4,373,000 | 5,967,000 |
| Interest expense | 313,000 | 613,000 | 900,000 | 1,196,000 |
| Net interest income | 1,113,000 | 2,212,000 | 3,473,000 | 4,771,000 |
| Noninterest income | 126,000 | 246,000 | 377,000 | 510,000 |
| Noninterest expense | 802,000 | 1,579,000 | 2,436,000 | 3,460,000 |
| Provision for loan losses | 79,000 | 187,000 | 393,000 | 567,000 |
| Pretax income | 362,000 | 705,000 | 1,034,000 | 1,265,000 |
| Income tax | 0 | 2,000 | 2,000 | 2,000 |
| Net income | 362,000 | 703,000 | 1,032,000 | 1,263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,398,000 | 12,439,000 | 12,518,000 | 14,700,000 |
| Total capital | 13,396,000 | 13,488,000 | 13,576,000 | 15,832,000 |
| Risk-weighted assets | 79,528,000 | 83,621,000 | 84,203,000 | 101,076,000 |