FACTANKER · measured, cited, anchored official records connected

Call report 2023Q4

VERIMORE BANK — 2023Q4

The 22 measures VERIMORE BANK reported to the FFIEC for 2023Q4, each linked to its source filing.

PERIOD: 2023Q4SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/b23a3a75-22c6-4d54-bde3-5fe0732f8fb5/2023Q4

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets446,105,000USDevidence →
Total loans362,453,000USDevidence →
Allowance for loan losses4,643,000USDevidence →
Securities available for sale27,268,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits383,253,000USDevidence →
Interest-bearing deposits285,593,000USDevidence →
Noninterest-bearing deposits97,660,000USDevidence →
Equity capital45,055,000USDevidence →

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 income23,288,000USDevidence →
Interest expense6,691,000USDevidence →
Net interest income16,597,000USDevidence →
Noninterest income1,101,000USDevidence →
Noninterest expense9,905,000USDevidence →
Provision for loan losses241,000USDevidence →
Pretax income7,325,000USDevidence →
Income tax0USDevidence →
Net income7,325,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital46,177,000USDevidence →
Total capital50,856,000USDevidence →
Risk-weighted assets374,092,000USDevidence →