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VERITAS

Smyrna, TN

Latest Health Report

Latest Update: March 31, 2023

Assets
$51,022,013
Deposits
$46,332,504
Loans
$35,141,834
Loan Loss Provision
$ 0
Profit
$-67,814
Capital
$4,189,503
Reserves
$0
Past Due 90 Days
$ 124,239
Other Real Estate Owned
$0
Capital Plus Reserves
$ 4,189,503
Total Troubled Assets
$ 124,239
Troubled Asset Ratio
2.97

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2022 $48,648,612 $44,003,917 $34,364,141 $124,583 $ 4,528,959 $ 157,795 3.48
2021 $47,582,230 $43,339,665 $29,527,976 $-90,775 $ 4,425,297 $ 164,198 3.71
2020 $44,820,024 $40,331,818 $25,888,971 $-92,520 $ 4,511,432 $ 84,990 1.88
2019 $41,281,596 $36,822,382 $28,187,995 $139,438 $ 4,668,864 $ 327,228 7.01
2018 $151,145,000 $126,039,000 $109,407,000 $1,295,000 $ 25,530,000 $ 2,677,000 10.49