Call report 2024Q1
VERABANK, NATIONAL ASSOCIATION — 2024Q1
The 22 measures VERABANK, NATIONAL ASSOCIATION reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 4,118,164,000 | USD | evidence → |
| Total loans | 2,779,129,000 | USD | evidence → |
| Allowance for loan losses | 33,834,000 | USD | evidence → |
| Securities available for sale | 448,461,000 | USD | evidence → |
| Securities held to maturity | 280,930,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 3,654,690,000 | USD | evidence → |
| Interest-bearing deposits | 2,682,948,000 | USD | evidence → |
| Noninterest-bearing deposits | 971,742,000 | USD | evidence → |
| Equity capital | 430,247,000 | 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 | 50,975,000 | USD | evidence → |
| Interest expense | 15,841,000 | USD | evidence → |
| Net interest income | 35,134,000 | USD | evidence → |
| Noninterest income | 8,746,000 | USD | evidence → |
| Noninterest expense | 27,454,000 | USD | evidence → |
| Provision for loan losses | 1,050,000 | USD | evidence → |
| Pretax income | 15,374,000 | USD | evidence → |
| Income tax | 2,930,000 | USD | evidence → |
| Net income | 12,444,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 404,999,000 | USD | evidence → |
| Total capital | 439,585,000 | USD | evidence → |
| Risk-weighted assets | 2,803,801,000 | USD | evidence → |