Call reports 2025
VERABANK, NATIONAL ASSOCIATION — 2025
What VERABANK, NATIONAL ASSOCIATION reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 4,351,258,000 | 4,307,404,000 | 4,341,252,000 | 4,444,588,000 |
| Total loans | 2,862,517,000 | 2,844,657,000 | 2,771,354,000 | 2,765,238,000 |
| Allowance for loan losses | 35,450,000 | 35,686,000 | 33,710,000 | 34,105,000 |
| Securities available for sale | 421,054,000 | 400,408,000 | 388,968,000 | 358,393,000 |
| Securities held to maturity | 270,010,000 | 267,871,000 | 265,697,000 | 260,552,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,860,052,000 | 3,803,149,000 | 3,817,198,000 | 3,901,425,000 |
| Interest-bearing deposits | 2,784,856,000 | 2,753,482,000 | 2,708,730,000 | 2,783,571,000 |
| Noninterest-bearing deposits | 1,075,196,000 | 1,049,667,000 | 1,108,468,000 | 1,117,854,000 |
| Equity capital | 455,159,000 | 469,373,000 | 486,826,000 | 506,054,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 55,383,000 | 111,792,000 | 168,856,000 | 225,729,000 |
| Interest expense | 15,451,000 | 30,234,000 | 44,680,000 | 58,583,000 |
| Net interest income | 39,932,000 | 81,558,000 | 124,176,000 | 167,146,000 |
| Noninterest income | 9,300,000 | 21,088,000 | 30,836,000 | 42,360,000 |
| Noninterest expense | 29,259,000 | 59,461,000 | 90,852,000 | 120,469,000 |
| Provision for loan losses | 975,000 | 1,625,000 | 6,675,000 | 7,650,000 |
| Pretax income | 18,998,000 | 41,560,000 | 57,485,000 | 81,387,000 |
| Income tax | 3,675,000 | 8,102,000 | 11,115,000 | 15,961,000 |
| Net income | 15,323,000 | 33,458,000 | 46,370,000 | 65,426,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 430,860,000 | 448,003,000 | 461,160,000 | 479,590,000 |
| Total capital | 466,469,000 | 483,593,000 | 495,622,000 | 514,447,000 |
| Risk-weighted assets | 2,848,155,000 | 2,846,427,000 | 2,817,642,000 | 2,813,031,000 |