Call report 2020Q1
VERABANK, NATIONAL ASSOCIATION — 2020Q1
The 22 measures VERABANK, NATIONAL ASSOCIATION reported to the FFIEC for 2020Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 2,496,001,000 | USD | evidence → |
| Total loans | 1,442,830,000 | USD | evidence → |
| Allowance for loan losses | 17,668,000 | USD | evidence → |
| Securities available for sale | 698,900,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 2,204,703,000 | USD | evidence → |
| Interest-bearing deposits | 1,613,274,000 | USD | evidence → |
| Noninterest-bearing deposits | 591,429,000 | USD | evidence → |
| Equity capital | 271,058,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 24,502,000 | USD | evidence → |
| Interest expense | 2,708,000 | USD | evidence → |
| Net interest income | 21,794,000 | USD | evidence → |
| Noninterest income | 6,197,000 | USD | evidence → |
| Noninterest expense | 15,431,000 | USD | evidence → |
| Provision for loan losses | 1,200,000 | USD | evidence → |
| Pretax income | 12,895,000 | USD | evidence → |
| Income tax | 2,579,000 | USD | evidence → |
| Net income | 10,316,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 216,742,000 | USD | evidence → |
| Total capital | 234,884,000 | USD | evidence → |
| Risk-weighted assets | 1,611,231,000 | USD | evidence → |