Verus Bank of Commerce, Financial Information

About Verus Bank of Commerce

 Address:
3700 S. College Avenue, Unit 102
Fort Collins, CO
Larimer County, Colorado
 Established:
Jun 2005
 Number of domestic offices:
1
Total assets$301M
Net income$5M
Net income, quarterly$1M
Total deposits$250M
Domestic deposits$250M
Equity capital$37M
ROA1.72%
ROAQ, quarterly1.98%
ROA, pretax1.98%
ROAQ, quarterly, pretax2.65%
ROE13.46%
ROEQ, quarterly15.4%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.