VARO BANK, NATIONAL ASSOCIATION

DRAPER, UT | Small | Est. Aug. 1, 2020, midnight | FDIC #59190 | RSSD #5518023 | OCC
Latest Report: 2025-12-31

VARO BANK, NATIONAL ASSOCIATION is asn small FDIC-insured commercial bank headquartered in DRAPER, UT, established in Aug. 1, 2020, midnight. As of 2025-12-31, the bank reported total assets of $376M and total deposits of $211M. Profitability stands at -25.50% ROA and -111.96% ROE, with a net interest margin of 5.52%. The bank's CET1 capital ratio is 22.09%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 0.00% and a Texas Ratio of 0.00%. FDIC Certificate #59190.

Assets

$376M

Deposits

$211M

Loans

$96M

Equity

$95M

Profitability

Return on Assets (ROA) -25.50%
Return on Equity (ROE) -111.96%
Net Interest Margin (NIM) 5.52%
Yield on Assets 6.11%
Cost of Funds 0.95%

Asset Quality

NPL Ratio 0.00%
Net Charge-Off Ratio 21.79%
Texas Ratio 0.00%
NPA Ratio 0.00%
ACL / Loans 9.18%

Capital & Liquidity

CET1 Ratio 22.09%
Tier 1 Capital 22.09%
Total Capital Ratio 23.19%
Leverage Ratio 32.32%
Loan-to-Deposit 45.27%

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