Call report 2024Q2
VERABANK, NATIONAL ASSOCIATION — 2024Q2
The 22 measures VERABANK, NATIONAL ASSOCIATION reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 4,117,271,000 | USD | evidence → |
| Total loans | 2,817,902,000 | USD | evidence → |
| Allowance for loan losses | 34,454,000 | USD | evidence → |
| Securities available for sale | 437,709,000 | USD | evidence → |
| Securities held to maturity | 278,921,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 3,643,055,000 | USD | evidence → |
| Interest-bearing deposits | 2,681,320,000 | USD | evidence → |
| Noninterest-bearing deposits | 961,735,000 | USD | evidence → |
| Equity capital | 438,941,000 | 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 | 103,346,000 | USD | evidence → |
| Interest expense | 32,225,000 | USD | evidence → |
| Net interest income | 71,121,000 | USD | evidence → |
| Noninterest income | 19,723,000 | USD | evidence → |
| Noninterest expense | 55,440,000 | USD | evidence → |
| Provision for loan losses | 2,100,000 | USD | evidence → |
| Pretax income | 33,302,000 | USD | evidence → |
| Income tax | 6,411,000 | USD | evidence → |
| Net income | 26,891,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 413,143,000 | USD | evidence → |
| Total capital | 448,349,000 | USD | evidence → |
| Risk-weighted assets | 2,819,726,000 | USD | evidence → |