Bank call report · Draper, UT
Varo Bank, N.A. Call Report
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Varo Bank, N.A. filed its latest call report for the quarter ended June 30, 2026 on the FFIEC 051. Below are its 144 reported line items, schedule by schedule (519 items filed as zero are left out). The official PDF is on the FFIEC Central Data Repository.
| Call report form | FFIEC 051 |
|---|---|
| Latest quarter filed | Q2 2026 (June 30, 2026) |
| Federal Reserve RSSD ID | 5518023 |
| FDIC certificate number | 59190 |
| Total assets | $337.8M |
Official Q2 2026 call report PDF (FFIEC) →
Varo Bank, N.A. call report by schedule, Q2 2026
Dollar amounts are as filed, in the units the form uses. Each line item links to its definition; each schedule links to the full schedule reference for the FFIEC 051.
Schedule RC: Balance Sheet (21 items)
About Schedule RC · Varo Bank, N.A. balance sheet trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Surplus | RCON3839 | $956.5M |
| Undivided Profits and Capital Reserves | RCON3632 | -$882.6M |
| Total Assets | RCON2170 | $337.8M |
| Total Liabilities, Limited-life Preferred Stock, and Equity Capital | RCON3300 | $337.8M |
| Total Liabilities and Minority Interest | RCON2948 | $268.9M |
| Total Deposits | RCON2200 | $209.8M |
| Deposits: Noninterest-bearing | RCON6631 | $117.2M |
| Noninterest-bearing Balances and Currency and Coin | RCON0081 | $98.4M |
| Loans and Leases, Net of Unearned Income - Totals | RCONB528 | $97.1M |
| Total Interest-bearing Deposits in Foreign and Domestic Offices | RCON6636 | $92.6M |
| Loans and Leases, Net of Unearned Income and Allowance | RCONB529 | $87.4M |
| Interest-bearing Balances | RCON0071 | $80.9M |
| Total Equity Capital | RCON3210 | $68.9M |
| Total Equity Capital Including Noncontrolling Minority Interests in Consolidated Subsidiaries | RCONG105 | $68.9M |
| Other Liabilities, Total | RCON2930 | $59.1M |
| Available-for-sale debt securities (from Schedule RC-B, column D) | RCON1773 | $29.8M |
| Other Assets | RCON2160 | $27.4M |
| Intangible Assets | RCON2143 | $12.9M |
| Allowance for Loan and Lease Losses | RCON3123 | $9.7M |
| Accumulated Other Comprehensive Income | RCONB530 | -$5.0M |
| Premises and Fixed Assets (Including Capitalized Leases) | RCON2145 | $1.1M |
Schedule RI: Income Statement (27 items)
About Schedule RI · Varo Bank, N.A. income statement trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Total Noninterest Expense | RIAD4093 | $113.0M |
| Other Noninterest Expense | RIAD4092 | $73.7M |
| Total Noninterest Income | RIAD4079 | $73.2M |
| Other Noninterest Income | RIADB497 | $46.8M |
| Income (Loss) Before Applicable Income Taxes and Discontinued Operations | RIAD4301 | -$46.6M |
| Income (Loss) Before Discontinued Operations | RIAD4300 | -$46.6M |
| Income (loss) before change in net unrealized holding gains (losses) on equity securities not held for trading, applicable income taxes, and discontinued operations operations (item 3 plus or minus items 4, 5.m, 6.a, 6.b, and 7.e) | RIADHT69 | -$46.6M |
| Net Income (Loss) | RIAD4340 | -$46.6M |
| Net Income (Loss) Attributable to Bank and Noncontrolling Minority Interests | RIADG104 | -$46.6M |
| Salaries and Employee Benefits | RIAD4135 | $32.7M |
| Service Charges on Deposit Accounts in Domestic Offices | RIAD4080 | $26.4M |
| Provision for Loan and Lease Losses | RIAD4230 | $15.4M |
| Provisions for Credit Losses on Financial Assets | RIADJJ33 | $15.4M |
| Total Interest Income | RIAD4107 | $10.1M |
| Net Interest Income | RIAD4074 | $8.6M |
| Interest and Fee Income on Loans, Total | RIAD4010 | $7.3M |
| Loans to Individuals for Household, Family, and Other Personal Expenditures: Other (Includes Single Payment, Installment, All Student Loans, and Revolving Credit Plans Other Than Credit Cards) | RIADB486 | $7.3M |
| Amortization Expense and Impairment Losses Intangible Assets | RIADC232 | $5.8M |
| Interest Income on Balances Due from Depository Institutions | RIAD4115 | $2.5M |
| Interest on Transaction Accounts (NOW Accounts, Ats Accounts, and Telephone and Preauthorized Transfer Accounts) | RIAD4508 | $1.5M |
| Total Interest Expense | RIAD4073 | $1.5M |
| Expenses of Premises and Fixed Assets | RIAD4217 | $769K |
| Interest and Dividend Income on Securities: Mortgage-backed Securities | RIADB489 | $163K |
| Other Interest Income | RIAD4518 | $77K |
| Interest and Dividend Income on Securities: U.S. Treasury Securities and U.S. Government Agency Obligations (Excluding Mortgage-backed Securities) | RIADB488 | $35K |
| Interest on Other Securities | RIAD4060 | $10K |
| Number of Full Time Equivalent Employees on Payroll at End of Current Period | RIAD4150 | 270 |
Schedule RC-B: Securities (12 items)
About Schedule RC-B · Varo Bank, N.A. securities trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Mortgage-backed Securities (MBS): Other Residential MBS (Include Cmos, REMICS, and Stripped MBS): Issued or Guaranteed by FNMA, FHLMC, or GNMA - Available-for-sale Amortized Cost | RCONG314 | $22.6M |
| Mortgage-backed Securities (MBS): Other Residential MBS (Include Cmos, REMICS, and Stripped MBS): Issued or Guaranteed by FNMA, FHLMC, or GNMA - Available-for-sale Fair Value | RCONG315 | $18.0M |
| Total Amortized Cost of Available-for-sale Securities | RCON1772 | $34.9M |
| Pledged Securities | RCON0416 | $28.8M |
| OTHER MORTGAGE-BACKED SECURITIES (INCLUDE CMOs, REMICs, AND STRIPPED MBS) WITH AN EXPECTED AVERAGE LIFE OF OVER THREE YEARS | RCONA562 | $18.0M |
| US government agency obligations (exclude mortgage-backed securities), Available for sale, Amortized Cost | RCONHT52 | $9.5M |
| Fixed Rate and Floating Rate Debt Securities with a Remaining Maturity of One Year or Less | RCONA248 | $9.4M |
| Securities Issued by the U.S. Treasury, U.S. Government Agencies, and States and Political Subdivisions in the U.S., Other Non-mortgage Debt Securities, and Mortgage Pass-through Securities Other Than Those Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Over Three Months Through 12 Months | RCONA550 | $9.4M |
| US government agency obligations (exclude mortgage-backed securities), Available for sale, Fair Value | RCONHT53 | $9.4M |
| Mortgage backed securities (MBS), Issued or guarnteed by FNMA, FHLMC, or GNMA, Available for sale, Amortized Cost | RCONHT56 | $2.8M |
| Mortgage Pass-through Securities Backed by Closed-end First Lien 1-4 Family Residential Mortgages with a Remaining Maturity or Next Repricing Date of Over 15 Years | RCONA560 | $2.4M |
| Mortgage backed securities (MBS), Issued or guarnteed by FNMA, FHLMC, or GNMA, Available for sale, Fair Value | RCONHT57 | $2.4M |
Schedule RC-C, Part I: Loans and Leases (7 items)
About Schedule RC-C, Part I · Varo Bank, N.A. loans and leases trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Total Loans and Leases, Net of Unearned Income | RCON2122 | $97.1M |
| Fixed Rate and Floating Rate Loans and Leases with a Remaining Maturity of One Year or Less | RCONA247 | $97.1M |
| All Loans and Leases Other Than Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Three Months or Less | RCONA570 | $86.4M |
| Loans to Individuals for Household, Family, and Other Personal Expenditures (I.e., Consumer Loans)(includes Purchased Paper): Other Revolving Credit Plans | RCONB539 | $59.2M |
| Loans to Individuals for Household, Family, and Other Personal Expenditures (I.e., Consumer Loans)(includes Purchased Paper): Credit Cards | RCONB538 | $37.3M |
| All Loans and Leases Other Than Closed-end Loans Secured by First Liens on 1-4 Family Residential Properties (in Domestic Offices) with a Remaining Maturity or Repricing Frequency of Over Three Months Through 12 Months | RCONA571 | $10.7M |
| Other Loans | RCONJ464 | $564K |
Schedule RC-E: Deposit Liabilities (3 items)
About Schedule RC-E · Varo Bank, N.A. deposit liabilities trends
Schedule RC-F: Other Assets (4 items)
Schedule RC-G: Other Liabilities (4 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| All Other Liabilities | RCON2938 | $38.5M |
| Other Expenses Accrued and Unpaid | RCON3646 | $20.6M |
| First Itemized Amount That Exceeds 25% of All Other Liabilities (2938) or (2942) | RCON3552 | $16.7M |
| Second Itemized Amount That Exceeds 25% of All Other Liabilities (2938) or (2942) | RCON3553 | $10.0M |
Schedule RC-K: Quarterly Averages (9 items)
About Schedule RC-K · Varo Bank, N.A. quarterly averages trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Quarterly Average of Total Assets | RCON3368 | $343.8M |
| Quarterly Average of Interest-bearing Balances Due from Depository Institutions | RCON3381 | $128.6M |
| Quarterly Average of Total Loans | RCON3360 | $101.1M |
| Transaction Accounts (in Domestic Offices) (NOW Accounts, Ats Accounts, and Telephone and Preauthorized Transfer Accounts) - Quarterly Average | RCON3485 | $91.3M |
| Loans to Individuals for Household, Family, and Other Personal Expenditures: Other | RCONB562 | $59.4M |
| Loans to Individuals for Household, Family, and Other Personal Expenditures: Credit Cards | RCONB561 | $41.0M |
| Mortgage-backed Securities | RCONB559 | $25.7M |
| U.S. Treasury Securities and U.S. Government Agency Obligations (Excluding Mortgage-backed Securities) | RCONB558 | $9.5M |
| All Other Securities | RCONB560 | $40K |
Schedule RC-L: Derivatives and Off-Balance-Sheet Items (3 items)
About Schedule RC-L · Varo Bank, N.A. derivatives and off-balance-sheet items trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Total Gross Notional Amount of Interest Rate Derivative Contracts Held for Purposes Other Than Trading: Contracts Marked to Market | RCON8725 | $20.0M |
| Unused Commitments - Credit Card Lines | RCON3815 | $14.5M |
| Other Unused Commitments: All Other Unused Commitments | RCONJ459 | $9.3M |
Schedule RC-M: Memoranda (1 item)
About Schedule RC-M · Varo Bank, N.A. memoranda trends
| Line item | Code | Q2 2026 |
|---|---|---|
| All other intangible assets | RCONJF76 | $12.9M |
Schedule RC-N: Past Due and Nonaccrual Loans, Leases, and Other Assets (9 items)
About Schedule RC-N · Varo Bank, N.A. past due and nonaccrual loans, leases, and other assets trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Total Loans and Lease Financing Receivables: Past Due 30-89 Days and Still Accruing | RCON1406 | $4.5M |
| Loans to Individuals for Household, Family and Other Personal Expenditures: Other - Past Due 30 Through 89 Days and Still Accruing | RCONK216 | $3.9M |
| Loans to Individuals for Household, Family and Other Personal Expenditures: Other - Past Due 90 Days or More and Still Accruing | RCONK217 | $403K |
| Total Loans and Lease Financing Receivables: Past Due 90 Days or More and Still Accruing | RCON1407 | $403K |
| Loans to Individuals for Household, Family, and Other Personal Expenditures: Credit Cards - Past Due 30 Through 89 Days and Still Accruing | RCONB575 | $372K |
| All Other Loans - Past Due 30 Through 89 Days and Still Accruing | RCON5459 | $261K |
| Additions to Nonaccrual Assets | RCONC410 | $2K |
| Loans to Individuals for Household, Family, and Other Personal Expenditures: Credit Cards - Nonaccrual | RCONB577 | $2K |
| Total Loans and Lease Finance Receivables: Nonaccrual | RCON1403 | $2K |
Schedule RC-O: Other Data for Deposit Insurance Assessments (8 items)
About Schedule RC-O · Varo Bank, N.A. other data for deposit insurance assessments trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Average Consolidated Total Assets for the Calendar Quarter | RCONK652 | $343.8M |
| Total Deposit Liabilities as Defined in Section 3(1) of the Federal Deposit Insurance Act Before Exclusions | RCONF236 | $209.8M |
| Amount of Deposit Accounts (Excluding Retirement Accounts) of $250,000 or Less | RCONF049 | $205.5M |
| Average Tangible Equity for the Calendar Quarter | RCONK654 | $68.5M |
| Amount of Deposit Accounts (Excluding Retirement Accounts) of More Than $250,000 | RCONF051 | $4.3M |
| Number of Deposit Accounts (Excluding Retirement Accounts)of $250,000 or Less | RCONF050 | 7,367,702 |
| Number of Deposit Accounts (Excluding Retirement Accounts) of More Than $250,000 | RCONF052 | 3 |
| Averaging Method Used | RCONK653 | 1 |
Schedule RC-R, Part I: Regulatory Capital Components and Ratios (18 items)
About Schedule RC-R, Part I · Varo Bank, N.A. regulatory capital components and ratios trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Common Equity Tier 1 Capital: Common Stock Plus Related Surplus, Net of Treasury Stock and Unearned Employee Stock Ownership Plan (ESOP) Shares | RCOAP742 | $956.5M |
| Retained Earnings | RCOAKW00 | -$882.6M |
| Average total consolidated assets | RCOAKW03 | $343.8M |
| Total Assets | RCOA2170 | $337.8M |
| Average Total Assets (Net of Deductions) | RCOAA224 | $330.9M |
| Common Equity Tier 1 Capital Before Adjustments and Deductions | RCOAP840 | $68.9M |
| Common Equity Tier 1 Capital | RCOAP859 | $61.1M |
| Subtotal of Common Equity Tier 1 Capital: Adjustments and Deductions | RCOAP852 | $61.1M |
| Tier 1 Capital Allowable Under the Risk-based Capital Guidelines | RCOA8274 | $61.1M |
| Unconditionally Cancellable Commitments | RCOAS540 | $23.8M |
| Intangible Assets (Other Than Goodwill and Mortgage Servicing Assets (Msas)), Net of Associated Dtls | RCOAP842 | $12.9M |
| Less: Deductions from Common Equity Tier 1 Capital and Additional Tier 1 Capital (Sum of Items 6, 7, 8, 10.B, 11, 13 Through 17 and Certain Elements of Item 24 - See Instructions) | RCOAP875 | $12.9M |
| Less: Net Unrealized Gains (Losses) on Available-for-sale Debt Securities (If a Gain, Report as a Positive Value, If a Loss, Report as a Negative Value) | RCOAP844 | -$5.0M |
| Accumulated Other Comprehensive Income | RCOAB530 | -$5.0M |
| Accumulated Net Gains (Losses)on Cash-flow Hedges (If a Gain, Report as a Positive Value, If a Loss, Report as a Negative Value) | RCOAP846 | $1K |
| A. AOCI Opt-out Election (Enter '1' for Yes, Enter '0' for No.) | RCOAP838 | 1 |
| Do you qualify for and opt-in to CBLR? | RCOALE74 | 1 |
| Tier 1 Leverage Capital Ratio | RCOA7204 | 0.1846 |
Schedule RI-A: Changes in Bank Equity Capital (6 items)
| Line item | Code | Q2 2026 |
|---|---|---|
| Balance End of Previous Calendar Year as Restated | RIADB508 | $94.7M |
| Equity Capital, Most Recently Reported for the End of Previous Calendar Year (I.e., After Adjustments from Amended Reports of Income) | RIAD3217 | $94.7M |
| Total Equity Capital | RIAD3210 | $68.9M |
| Other Transactions with Stockholders (Including Parent Holding Company) | RIAD4415 | $19.0M |
| Sale, Conversion, Acquisition, or Retirement of Capital Stock, Net (Excluding Treasury Stock Transactions) | RIADB509 | $1.8M |
| Other Comprehensive Income | RIADB511 | -$17K |
Schedule RI-B, Part I: Charge-offs and Recoveries on Loans and Leases (8 items)
About Schedule RI-B, Part I · Varo Bank, N.A. charge-offs and recoveries on loans and leases trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Charge-offs on Allowance for Loan and Lease Losses | RIAD4635 | $16.5M |
| Charge-offs All Other (Includes Single Payment, Installment, All Student Loans, and Revolving Credit Plans Other Than Credit Cards) | RIADK205 | $14.4M |
| Recoveries on Allowance for Loan and Lease Losses | RIAD4605 | $2.0M |
| Recoveries All Other (Includes Single Payment, Installment, All Student Loans, and Revolving Credit Plans Other Than Credit Cards) | RIADK206 | $1.8M |
| Charge-offs on All Other Loans | RIAD4644 | $1.7M |
| Charge-offs on Loans to Credit Cards | RIADB514 | $362K |
| Recoveries on All Other Loans | RIAD4628 | $159K |
| Recoveries on Loans to Credit Cards | RIADB515 | $39K |
Schedule RI-B, Part II: Changes in Allowances for Credit Losses (3 items)
About Schedule RI-B, Part II · Varo Bank, N.A. changes in allowances for credit losses trends
| Line item | Code | Q2 2026 |
|---|---|---|
| Charge-offs on Allowance for Loan and Lease Losses | RIADC079 | $16.5M |
| Allowance for Loan and Lease Losses | RIAD3123 | $9.7M |
| Balance Most Recently Reported for the December 31, 2000, Reports of Condition and Income(i.e., After Adjustments from Amended Report of Income) | RIADB522 | $8.8M |
Schedule RI-E: Explanations (1 item)
| Line item | Code | Q2 2026 |
|---|---|---|
| First Itemized Transaction of Other Transactions with Stockholders (Including Parent Holding Company) (4415) | RIAD4498 | $19.0M |
Varo Bank, N.A. call reports on file
Each link opens the bank's filed report on the FFIEC Central Data Repository.
- Q2 2026 call report (quarter ended June 30, 2026)
- Q1 2026 call report (quarter ended March 31, 2026)
- Q4 2025 call report (quarter ended December 31, 2025)
- Q3 2025 call report (quarter ended September 30, 2025)
- Q2 2025 call report (quarter ended June 30, 2025)
- Q1 2025 call report (quarter ended March 31, 2025)
Where can I find the Varo Bank, N.A. call report?
The Varo Bank, N.A. call report for the quarter ended June 30, 2026 is on this page, schedule by schedule. The official PDF is on the FFIEC Central Data Repository, linked here for every quarter on file. Call reports are public: anyone can read or download them without an account.
Which call report form does Varo Bank, N.A. file?
Varo Bank, N.A. files the FFIEC 051. The FFIEC 031 is for banks with foreign offices, the FFIEC 041 for banks with domestic offices only, and the FFIEC 051 is the streamlined form most domestic banks under $5 billion in total assets may file.
What is the Varo Bank, N.A. call report number?
A call report has no number of its own. It is filed and looked up by the bank's identifiers: Varo Bank, N.A. has Federal Reserve RSSD ID 5518023 and FDIC certificate number 59190. Either one finds its filings on the FFIEC Central Data Repository.
How often does Varo Bank, N.A. file a call report?
Every quarter, as of March 31, June 30, September 30 and December 31. The report is due 30 calendar days after the quarter ends, or 35 days for a bank with more than one foreign office.
Varo Bank, N.A. financial reports and ratios →
New to call reports? What a call report is, every call report code explained, and how the UBPR turns it into ratios.
Regulator records: FDIC BankFind (cert 59190) · FFIEC NIC profile (RSSD 5518023)