Call reports 2012
VERABANK, NATIONAL ASSOCIATION — 2012
What VERABANK, NATIONAL ASSOCIATION reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 941,486,000 | 944,624,000 | 935,744,000 | 957,116,000 |
| Total loans | 448,386,000 | 457,290,000 | 469,405,000 | 489,962,000 |
| Allowance for loan losses | 7,607,000 | 7,511,000 | 7,447,000 | 7,291,000 |
| Securities available for sale | 337,166,000 | 352,057,000 | 353,014,000 | 297,478,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 831,047,000 | 831,091,000 | 819,109,000 | 853,429,000 |
| Interest-bearing deposits | 672,362,000 | 672,833,000 | 655,567,000 | 686,357,000 |
| Noninterest-bearing deposits | 158,685,000 | 158,258,000 | 163,543,000 | 167,072,000 |
| Equity capital | 103,090,000 | 105,710,000 | 107,624,000 | 94,976,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 8,606,000 | 17,137,000 | 25,661,000 | 34,042,000 |
| Interest expense | 991,000 | 1,956,000 | 2,885,000 | 3,720,000 |
| Net interest income | 7,615,000 | 15,181,000 | 22,776,000 | 30,322,000 |
| Noninterest income | 3,378,000 | 6,840,000 | 10,383,000 | 13,699,000 |
| Noninterest expense | 7,743,000 | 15,390,000 | 23,450,000 | 31,679,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,250,000 | 6,631,000 | 9,709,000 | 12,760,000 |
| Income tax | 796,000 | 1,650,000 | 2,398,000 | 3,121,000 |
| Net income | 2,454,000 | 4,981,000 | 7,311,000 | 9,639,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 90,196,000 | 91,542,000 | 93,264,000 | 82,120,000 |
| Total capital | 95,873,000 | 97,420,000 | 99,204,000 | 88,339,000 |
| Risk-weighted assets | 451,819,000 | 468,254,000 | 473,461,000 | 496,259,000 |