FACTANKER · measured, cited, anchored official records connected

Call report 2024Q3

VERIMORE BANK — 2024Q3

The 22 measures VERIMORE BANK reported to the FFIEC for 2024Q3, each linked to its source filing.

PERIOD: 2024Q3SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/b23a3a75-22c6-4d54-bde3-5fe0732f8fb5/2024Q3

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets450,112,000USDevidence →
Total loans377,952,000USDevidence →
Allowance for loan losses4,767,000USDevidence →
Securities available for sale21,893,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits386,165,000USDevidence →
Interest-bearing deposits314,435,000USDevidence →
Noninterest-bearing deposits71,730,000USDevidence →
Equity capital46,110,000USDevidence →

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 income20,263,000USDevidence →
Interest expense8,309,000USDevidence →
Net interest income11,954,000USDevidence →
Noninterest income921,000USDevidence →
Noninterest expense7,698,000USDevidence →
Provision for loan losses117,000USDevidence →
Pretax income5,051,000USDevidence →
Income tax0USDevidence →
Net income5,051,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital46,744,000USDevidence →
Total capital51,466,000USDevidence →
Risk-weighted assets377,581,000USDevidence →