Call reports 2009
VERABANK, NATIONAL ASSOCIATION — 2009
What VERABANK, NATIONAL ASSOCIATION reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 859,403,000 | 831,825,000 | 830,064,000 | 849,181,000 |
| Total loans | 445,939,000 | 451,609,000 | 455,899,000 | 454,334,000 |
| Allowance for loan losses | 7,084,000 | 7,347,000 | 7,638,000 | 7,892,000 |
| Securities available for sale | 171,445,000 | 149,480,000 | 162,364,000 | 165,422,000 |
| Securities held to maturity | 93,024,000 | 98,304,000 | 105,135,000 | 100,267,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 770,044,000 | 744,040,000 | 740,210,000 | 756,755,000 |
| Interest-bearing deposits | 611,038,000 | 595,752,000 | 590,401,000 | 607,084,000 |
| Noninterest-bearing deposits | 159,006,000 | 148,288,000 | 149,809,000 | 149,671,000 |
| Equity capital | 80,606,000 | 79,244,000 | 81,825,000 | 83,653,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 9,800,000 | 19,482,000 | 29,093,000 | 38,603,000 |
| Interest expense | 2,846,000 | 5,486,000 | 7,790,000 | 9,827,000 |
| Net interest income | 6,954,000 | 13,996,000 | 21,303,000 | 28,776,000 |
| Noninterest income | 2,956,000 | 6,266,000 | 9,631,000 | 12,901,000 |
| Noninterest expense | 7,060,000 | 14,162,000 | 21,611,000 | 29,091,000 |
| Provision for loan losses | 450,000 | 902,000 | 1,355,000 | 1,810,000 |
| Pretax income | 2,545,000 | 5,376,000 | 8,151,000 | 10,962,000 |
| Income tax | 588,000 | 1,276,000 | 1,921,000 | 2,528,000 |
| Net income | 1,957,000 | 4,100,000 | 6,230,000 | 8,434,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,469,000 | 71,815,000 | 73,394,000 | 75,063,000 |
| Total capital | 78,515,000 | 77,751,000 | 79,392,000 | 81,091,000 |
| Risk-weighted assets | 482,197,000 | 472,746,000 | 477,736,000 | 479,932,000 |