Call report 2020Q2
VERIMORE BANK — 2020Q2
The 22 measures VERIMORE BANK reported to the FFIEC for 2020Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 355,856,000 | USD | evidence → |
| Total loans | 272,756,000 | USD | evidence → |
| Allowance for loan losses | 3,641,000 | USD | evidence → |
| Securities available for sale | 15,205,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 315,999,000 | USD | evidence → |
| Interest-bearing deposits | 251,766,000 | USD | evidence → |
| Noninterest-bearing deposits | 64,232,000 | USD | evidence → |
| Equity capital | 32,121,000 | 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 | 7,727,000 | USD | evidence → |
| Interest expense | 1,589,000 | USD | evidence → |
| Net interest income | 6,138,000 | USD | evidence → |
| Noninterest income | 584,000 | USD | evidence → |
| Noninterest expense | 3,941,000 | USD | evidence → |
| Provision for loan losses | 766,000 | USD | evidence → |
| Pretax income | 2,025,000 | USD | evidence → |
| Income tax | 0 | USD | evidence → |
| Net income | 2,025,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 31,492,000 | USD | evidence → |
| Total capital | 34,899,000 | USD | evidence → |
| Risk-weighted assets | 272,358,000 | USD | evidence → |