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 Verus Bank of Commerce
Verus Bank of Commerce
| RSSD ID 3322468 | CERTIFICATE 58025 | ABA NUMBER 107007074 |
| 3700 S College Ave |
Quarter Ended : |
2025-03-31 |
| Fort Collins, Colorado, 80525 |
Updated : |
2025-04-29 |
| www.verusboc.com |
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| Institution Profile |
| Year Opened : |
2005 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
12 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 190,732 |
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Total Interest Income | 2,760 |
| Total Liabilities | 153,961 |
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Total NonInterest Income | 132 |
| Total Bank Equity Capital | 36,771 |
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Total Interest Expense | 934 |
| Total Deposits | 148,593 |
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Total NonInterest Expense | 1,575 |
| Net Loans & Leases | 165,017 |
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Net Income | 293 |
| Loan Loss Allowance | 1,347 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 167,994 |
| Total assets for the leverage ratio | 193,807 |
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Loans secured by real estate: | 156,462 |
| Tier 1 Leverage Ratio | 18.76 |
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Commercial and industrial loans | 10,771 |
| Off Balance Sheet Exposures (%) | 2.72 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 745 |
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:· Verus Bank of Commerce
