Call reports 2005
VERABANK, NATIONAL ASSOCIATION — 2005
What VERABANK, NATIONAL ASSOCIATION reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 630,731,000 | 635,688,000 | 640,193,000 | 654,086,000 |
| Total loans | 271,250,000 | 279,111,000 | 296,724,000 | 307,328,000 |
| Allowance for loan losses | 3,384,000 | 3,344,000 | 3,559,000 | 3,949,000 |
| Securities available for sale | 139,544,000 | 145,248,000 | 137,507,000 | 136,580,000 |
| Securities held to maturity | 156,805,000 | 149,452,000 | 148,336,000 | 160,306,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 561,022,000 | 566,185,000 | 568,934,000 | 583,556,000 |
| Interest-bearing deposits | 457,855,000 | 460,573,000 | 462,790,000 | 473,651,000 |
| Noninterest-bearing deposits | 103,167,000 | 105,612,000 | 106,144,000 | 109,905,000 |
| Equity capital | 63,637,000 | 63,495,000 | 64,191,000 | 64,609,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 6,361,000 | 13,119,000 | 20,146,000 | 27,519,000 |
| Interest expense | 2,147,000 | 4,652,000 | 7,401,000 | 10,399,000 |
| Net interest income | 4,214,000 | 8,467,000 | 12,745,000 | 17,120,000 |
| Noninterest income | 2,432,000 | 5,070,000 | 7,927,000 | 10,644,000 |
| Noninterest expense | 5,253,000 | 10,441,000 | 15,628,000 | 20,490,000 |
| Provision for loan losses | 235,000 | 436,000 | 711,000 | 1,242,000 |
| Pretax income | 1,152,000 | 2,654,000 | 4,328,000 | 6,028,000 |
| Income tax | 121,000 | 361,000 | 655,000 | 902,000 |
| Net income | 1,031,000 | 2,293,000 | 3,673,000 | 5,126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,010,000 | 55,747,000 | 56,752,000 | 57,779,000 |
| Total capital | 59,394,000 | 59,091,000 | 60,311,000 | 61,728,000 |
| Risk-weighted assets | 300,450,000 | 305,493,000 | 319,856,000 | 336,514,000 |