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Call report 2022Q1

VERABANK, NATIONAL ASSOCIATION — 2022Q1

The 22 measures VERABANK, NATIONAL ASSOCIATION reported to the FFIEC for 2022Q1, each linked to its source filing.

PERIOD: 2022Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/dc5bc58b-5d8d-41a2-99b9-ba1e2ae7d7a4/2022Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets3,847,615,000USDevidence →
Total loans1,997,526,000USDevidence →
Allowance for loan losses28,243,000USDevidence →
Securities available for sale468,224,000USDevidence →
Securities held to maturity281,228,000USDevidence →
Trading assets0USDevidence →
Total deposits3,471,235,000USDevidence →
Interest-bearing deposits2,418,606,000USDevidence →
Noninterest-bearing deposits1,052,629,000USDevidence →
Equity capital350,786,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income27,215,000USDevidence →
Interest expense2,042,000USDevidence →
Net interest income25,173,000USDevidence →
Noninterest income9,077,000USDevidence →
Noninterest expense22,893,000USDevidence →
Provision for loan losses600,000USDevidence →
Pretax income10,836,000USDevidence →
Income tax1,795,000USDevidence →
Net income9,041,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital305,945,000USDevidence →
Total capital333,267,000USDevidence →
Risk-weighted assets2,184,205,000USDevidence →