Vitals
  • Total Assets
    253.8M -6.3 %
  • Total Deposits
    215.5M 3.1 %
  • Total Net Loans
    218.7M -10.0 %
  • Net Income
    5.2M -10.3 %
  • Book Value
    33.1M -18.7 %
  • Book Value x2
    66.1M -18.7 %
  • Book Value x3
    99.2M -18.7 %
ROAA

1.987

ROAE

14.478

Efficiency Ratio

36.456

Net Interest Margin

4.491

Balance Sheet Highlights
Financial Highlights Verus Bank Of Commerce All Insured Commercial Banks in Colorado
Balance Sheet $(000)
Total Assets 253,834 406,389
Total Net Loans 218,651 257,573
Total Deposits 215,501 344,879
Total Equity 33,053 40,990
Profitability
Net Income 5,156 4,034
Return on Average Assets 1.987 1.068
Return on Average Equity 14.478 9.983
Net Interest Margin 4.491 3.933
Efficiency Ratio 36.456 70.399
Noninterest Income/Revenue 5.279 23.071
Balance Sheet Ratios
Loan-to-Deposit 101.462 73.804
Securities/Assets .203
Total Equity/Total Assets .13 .101
Tangible Equity/Tangible Assets .13 .096
Capital Adequacy
Tier 1 Common Capital 31,713 39,094
Tier 1 Capital 31,713 39,135
Tier 2 Capital 1,946 3,076
Total Capital 33,659 42,210
Total Risk Weighted Assets 220,119 288,026
Leverage Ratio 12.51 10.22
Common Equity Tier 1 Capital Ratio 14.41 15.667
Tier 1 Capital Ratio 14.41 15.699
Total Capital Ratio 15.29 16.831

Timeline for Verus Bank Of Commerce

Larimer Bank Of Commerce

Acquisition: Verus Bank Of Commerce acquired a new subsidiary, Larimer Bank Of Commerce, 13 years

View Profile Feb 12 2011

Loveland Bank Of Commerce

Acquisition: Verus Bank Of Commerce acquired a new subsidiary, Loveland Bank Of Commerce, 13 years

View Profile Feb 12 2011

Verus Acquisition Group, Inc.

Verus Acquisition Group, Inc. became a new parent organization for Verus Bank Of Commerce.

View Profile Oct 29 2010

Verus Bank Of Commerce

Verus Bank Of Commerce was established 18 years ago and is currently headquartered in Fort Collins, CO.

Jun 27 2005

Capitol Bancorp Colorado Limited

Capitol Bancorp Colorado Limited became a new parent organization for Verus Bank Of Commerce.

View Profile Jun 27 2005
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Larimer Bank Of Commerce Seller 97,181 Pooling of Interests Discontinued 2/12/2011
Loveland Bank Of Commerce Seller 42,899 Pooling of Interests Discontinued 2/12/2011
Relationships Role Relationship Start Relationship End
Verus Acquisition Group, Inc. Parent 3/31/2016
Verus Acquisition Group, Inc. Parent 4/30/2015 3/30/2016
Verus Acquisition Group, Inc. Parent 4/22/2014 4/29/2015
Verus Acquisition Group, Inc. Parent 10/29/2010 4/21/2014
Capitol Bancorp Colorado Limited Parent 6/27/2005 10/28/2010
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