VARO MONEY, INC. Financial Reports

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:· VARO MONEY, INC.

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::	2025 National Summary of Deposits
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::	Holding Company Filing Updates

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General Interest
::	COVID-19 PPP National Summary
::	New Formations
::	De Novo Banks
::	Holding Company Filing Updates
::	Bank Filing Updates
::	Institution Failures
::	America's Oldest Banks
::	National Summary of Deposits
::	External Auditors

Mergers & Acquisitions
::	Holding Company Mergers & Acquisitions
::	Bank Mergers & Acquisitions
::	Credit Union Mergers & Acquisitions

Off Balance Sheet
::	Holding Company Credit Default Swaps
::	Bank Credit Default Swaps
::	Derivatives
::	Credit Union Derivatives

VARO MONEY, INC.

Institution Profile

Year Opened :

2020

Institution Type :

Holding Company

Reserve District :

San Francisco

Federal Regulator :

FED

Entity Type :

Bank Holding Company

Fiscal Year End :

12/31

Structure :

Corporation (stock)

S-Corp :

Related Bank / Thrift	Assets	Asset Concentration
Varo Bank, National Association	355,299	Other Specialized Under 1 Billion

Financial Fast Facts
Balance Sheet (USD, in thousands)		Income Statement (USD, in thousands, ytd)

Total Assets	75,311	Total Operating Income	6
Total Liabilities	24,231	Total Operating Expenses	1,553
Total Equity Capital	51,080	Equity in Undistributed Income	(45,352)
		Net income (loss)	(46,899)

Miscellaneous
Cash Dividends Declared by Bank Holding Company	0
Total Consolidated Assets of Bank Holding Company	282,394

Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury