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Call report 2024Q4

VERIMORE BANK — 2024Q4

The 22 measures VERIMORE BANK reported to the FFIEC for 2024Q4, each linked to its source filing.

PERIOD: 2024Q4SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/b23a3a75-22c6-4d54-bde3-5fe0732f8fb5/2024Q4

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets466,463,000USDevidence →
Total loans388,708,000USDevidence →
Allowance for loan losses4,767,000USDevidence →
Securities available for sale21,221,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits405,861,000USDevidence →
Interest-bearing deposits317,120,000USDevidence →
Noninterest-bearing deposits88,741,000USDevidence →
Equity capital46,782,000USDevidence →

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 income27,480,000USDevidence →
Interest expense11,200,000USDevidence →
Net interest income16,280,000USDevidence →
Noninterest income1,210,000USDevidence →
Noninterest expense10,426,000USDevidence →
Provision for loan losses117,000USDevidence →
Pretax income6,934,000USDevidence →
Income tax0USDevidence →
Net income6,934,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital47,382,000USDevidence →
Total capital52,264,000USDevidence →
Risk-weighted assets390,577,000USDevidence →