Call report 2024Q1
VERIMORE BANK — 2024Q1
The 22 measures VERIMORE BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 434,390,000 | USD | evidence → |
| Total loans | 370,776,000 | USD | evidence → |
| Allowance for loan losses | 4,688,000 | USD | evidence → |
| Securities available for sale | 24,787,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 371,736,000 | USD | evidence → |
| Interest-bearing deposits | 288,679,000 | USD | evidence → |
| Noninterest-bearing deposits | 83,057,000 | USD | evidence → |
| Equity capital | 45,236,000 | 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 | 6,465,000 | USD | evidence → |
| Interest expense | 2,597,000 | USD | evidence → |
| Net interest income | 3,868,000 | USD | evidence → |
| Noninterest income | 373,000 | USD | evidence → |
| Noninterest expense | 2,542,000 | USD | evidence → |
| Provision for loan losses | 46,000 | USD | evidence → |
| Pretax income | 1,635,000 | USD | evidence → |
| Income tax | 0 | USD | evidence → |
| Net income | 1,635,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 46,318,000 | USD | evidence → |
| Total capital | 50,991,000 | USD | evidence → |
| Risk-weighted assets | 373,681,000 | USD | evidence → |