Call reports 2025
VERIMORE BANK — 2025
What VERIMORE BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 471,316,000 | 460,685,000 | 623,440,000 | 638,980,000 |
| Total loans | 391,125,000 | 396,070,000 | 483,800,000 | 489,409,000 |
| Allowance for loan losses | 4,718,000 | 4,716,000 | 5,918,000 | 5,901,000 |
| Securities available for sale | 19,476,000 | 16,034,000 | 41,050,000 | 37,667,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 409,687,000 | 397,794,000 | 532,230,000 | 546,912,000 |
| Interest-bearing deposits | 322,609,000 | 301,861,000 | 415,150,000 | 426,363,000 |
| Noninterest-bearing deposits | 87,078,000 | 95,933,000 | 117,080,000 | 120,549,000 |
| Equity capital | 47,468,000 | 48,175,000 | 68,389,000 | 69,287,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 7,080,000 | 14,503,000 | 25,679,000 | 35,299,000 |
| Interest expense | 2,720,000 | 5,340,000 | 8,786,000 | 11,861,000 |
| Net interest income | 4,360,000 | 9,163,000 | 16,893,000 | 23,438,000 |
| Noninterest income | 301,000 | 583,000 | 1,030,000 | 1,425,000 |
| Noninterest expense | 2,617,000 | 5,537,000 | 10,525,000 | 14,583,000 |
| Provision for loan losses | -41,000 | -41,000 | 1,039,000 | 1,039,000 |
| Pretax income | 2,044,000 | 4,144,000 | 6,238,000 | 9,124,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,044,000 | 4,144,000 | 6,238,000 | 9,124,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,933,000 | 48,537,000 | 64,227,000 | 65,227,000 |
| Total capital | 52,799,000 | 53,403,000 | 70,221,000 | 71,141,000 |
| Risk-weighted assets | 389,250,000 | 389,229,000 | 479,354,000 | 482,517,000 |