Call report 2023Q1
VERABANK, NATIONAL ASSOCIATION — 2023Q1
The 22 measures VERABANK, NATIONAL ASSOCIATION reported to the FFIEC for 2023Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 4,481,234,000 | USD | evidence → |
| Total loans | 2,487,777,000 | USD | evidence → |
| Allowance for loan losses | 31,628,000 | USD | evidence → |
| Securities available for sale | 553,779,000 | USD | evidence → |
| Securities held to maturity | 289,933,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 3,556,460,000 | USD | evidence → |
| Interest-bearing deposits | 2,449,176,000 | USD | evidence → |
| Noninterest-bearing deposits | 1,107,284,000 | USD | evidence → |
| Equity capital | 390,898,000 | 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 | 44,841,000 | USD | evidence → |
| Interest expense | 8,716,000 | USD | evidence → |
| Net interest income | 36,125,000 | USD | evidence → |
| Noninterest income | 11,084,000 | USD | evidence → |
| Noninterest expense | 25,434,000 | USD | evidence → |
| Provision for loan losses | 900,000 | USD | evidence → |
| Pretax income | 20,875,000 | USD | evidence → |
| Income tax | 3,988,000 | USD | evidence → |
| Net income | 16,887,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 365,463,000 | USD | evidence → |
| Total capital | 397,843,000 | USD | evidence → |
| Risk-weighted assets | 2,619,744,000 | USD | evidence → |