Bank Comparison
West Pointe Bank vs Varo Bank, N.A.
Side-by-side regulatory financials for the latest quarter on file with the FFIEC.
vs
7 · 12
winning metrics across 19 comparable rows
Capital adequacy
| Metric | West Pointe Bank | Varo Bank, N.A. |
|---|---|---|
| CET1 Ratio | — | — |
| Tier 1 Capital Ratio | — | — |
| Total Capital Ratio | — | — |
| Tier 1 Leverage Ratio | 18.97% | 23.62% |
| Equity / Assets | 18.79% | 24.43% |
Profitability
| Metric | West Pointe Bank | Varo Bank, N.A. |
|---|---|---|
| Return on Assets (ROA) | 2.90% | -25.45% |
| Return on Equity (ROE) | 15.64% | -99.49% |
| Net Interest Margin (NIM) | 5.70% | 6.10% |
| Yield on Earning Assets | 7.90% | 7.07% |
| Cost of Funds | 2.66% | 1.28% |
Asset quality
| Metric | West Pointe Bank | Varo Bank, N.A. |
|---|---|---|
| Texas Ratio | 8.57% | 0.61% |
| Non-Performing Loan Ratio | 2.19% | 0.00% |
| Non-Performing Asset Ratio | 1.81% | 0.00% |
| Net Charge-Off Ratio | -3.62% | 28.90% |
| ACL / Loans | 2.83% | 9.50% |
Balance sheet
| Metric | West Pointe Bank | Varo Bank, N.A. |
|---|---|---|
| Total Assets | $374,108K | $374,270K |
| Total Deposits | $266,044K | $220,053K |
| Total Loans | $309,021K | $100,670K |
| Total Equity | $70,277K | $91,450K |
| Net Income (quarter) | $2,696K | $-23,147 |
Liquidity & funding
| Metric | West Pointe Bank | Varo Bank, N.A. |
|---|---|---|
| Loan-to-Deposit Ratio | 116.15% | 45.75% |
| Core Deposit Ratio | 88.32% | 100.00% |
| Uninsured Deposit Ratio | — | — |
Identity
| Metric | West Pointe Bank | Varo Bank, N.A. |
|---|---|---|
| Headquarters City | OSHKOSH | DRAPER |
| Headquarters State | WI | UT |
| Asset Tier | Small | Small |
| Charter Class | 0 | 25147 |
| Regulator | FDIC | OCC |
| Domestic Branches | 1 | 1 |
| Employees (FTE) | 21 | 285 |
| Established | April 22, 1996, midnight | Aug. 1, 2020, midnight |
About this comparison
All metrics are sourced from FFIEC call report filings — the public regulatory financial reports every FDIC-insured US bank files quarterly. Both banks are reported as of . The "winner" highlight is determined by the supervisory direction convention: higher is better for capital and profitability metrics; lower is better for risk metrics like Texas Ratio and uninsured-deposit ratio.
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