Verus Bank of Commerce

Fort Collins, CO
IDRSSD: 3322468
Total Assets
$190.22M
Latest filing
Total Deposits
$141.19M
Latest filing
Net Interest Margin
4.14%
Profitability

Locations

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Main Office
Verus Bank of Commerce
3700 S College Ave
Fort Collins, CO 80525
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/27/2005FDIC Certificate 434069

Branches (0)

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NameAddressCity / State
No branch data available.
Verus Bank of Commerce (Main)3700 S College AveFort Collins, CO

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date06/27/2005
Community BankYes
Ownership TypeNot Mutual
ZIP80525
State and County Number08069
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number10
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameFort Collins, CO

Operational Info

Number of Employees11
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance06/27/2005
Primary Insurance AgencyDIF
Websitewww.verusboc.com
Data Updated11/14/2025
CERT58025
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$190.22M
Total Deposits$141.19M
Total Liabilities$152.36M
Total Equity Capital$37.86M
Net Income$600.00k
Net Loans and Leases$165.08M
Assets Per Employee ($Millions)$17.29M
Bank Premises and Fixed Assets$139.00k
Cash and Balances due from Depository Institutions$22.05M
Deposits Held in Domestic Offices$141.19M

Key Performance Ratios

Return on Assets (ROA)1.27%
Return on Equity (ROE)6.39%
Net Interest Margin4.14%
Efficiency Ratio61.12%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets19.905%
Earning Assets to total Assets96.08%

Income and Expense

Total Interest Income$2.80M
Total Noninterest Income$136.00k
Total Interest Expense$925.00k
Total Noninterest Expense$1.23M
Net Interest Income$1.88M
Pre-tax Net Operating Income$783.00k
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$10.10M
Federal Funds Sold & Reverse Repurchase Agreement$549.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.06M
Total Liabilities and Capital$190.22M

Securities

Securities$0
Available-for-sale debt securities$0
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Verus Bank of Commerce?
$190.22M as of the latest filing.
How much are Verus Bank of Commerce's total deposits?
$141.19M in total deposits.
Where is Verus Bank of Commerce located?
Fort Collins, CO.
What is the Net Interest Margin?
4.14%.
How many domestic offices does it operate?
1.
When was it established?
06/27/2005.
What is the Return on Assets (ROA)?
1.27%.
How much are total loans and leases?
$165.08M (latest filing).
What is the total interest income (latest filing)?
$2.80M.