Varo Bank, N.A.: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R. This bank files under the community bank leverage ratio framework.
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Community bank leverage ratio 18.46% +9.46 pp over well capitalized
This bank has elected the community bank leverage ratio framework. It files Tier 1 capital over average assets and no risk-based ratios; above the requirement it is treated as well capitalized.
| Tier 1 capital | $61.1M | 61,070 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $330.9M | 330,906 | RCOAA224 |
| Recomputed ratio | 18.46% | numerator / denominator | |
| Filed ratio | 18.46% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 9.00% | ||
| Cushion over that level | +9.46 pp | $31.3M | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 956,533 | 955,767 | 935,729 | 874,412 | 865,240 | 863,457 | RCOAP742 |
| Retained earnings | (882,604) | (859,178) | (836,032) | (815,255) | (789,620) | (769,322) | RCOAKW00 |
| Accumulated other comprehensive income | (5,049) | (5,139) | (5,031) | (5,370) | (6,130) | (6,587) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 68,880 | 91,450 | 94,666 | 53,787 | 69,490 | 87,548 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | (7,810) | (8,803) | (9,838) | (10,690) | (10,022) | (9,217) | P859 - P840 |
| Common equity Tier 1 capital | 61,070 | 82,647 | 84,828 | 43,097 | 59,468 | 78,331 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 61,070 | 82,647 | 84,828 | 43,097 | 59,468 | 78,331 | RCOA8274 |
| Tier 2 capital | NA | NA | NA | NA | NA | NA | |
| Allowance includable in Tier 2 capital | NA | NA | NA | NA | NA | NA | |
| Total capital | NA | NA | NA | NA | NA | NA | |
| Average total assets for the leverage ratio | 330,906 | 349,892 | 262,475 | 258,504 | 288,670 | 339,335 | RCOAA224 |
Community bank leverage ratio filers do not file risk-weighted assets, so there is no breakdown by category for this bank.
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | CBLR | NA | NA | NA | 18.46% | 15.12% | 15.13% | 16.26% | 10.99% |
| 1Q26 | CBLR | NA | NA | NA | 23.62% | 14.98% | 15.01% | 16.09% | 10.86% |
| 4Q25 | CBLR | NA | NA | NA | 32.32% | 14.89% | 14.90% | 16.02% | 10.79% |
| 3Q25 | CBLR | NA | NA | NA | 16.67% | 14.82% | 14.86% | 15.98% | 10.87% |
| 2Q25 | CBLR | NA | NA | NA | 20.60% | 14.75% | 14.79% | 15.93% | 10.80% |
| 1Q25 | CBLR | NA | NA | NA | 23.08% | 14.77% | 14.82% | 15.94% | 10.70% |
| 4Q24 | CBLR | NA | NA | NA | 14.50% | 14.67% | 14.74% | 15.75% | 10.61% |
| 3Q24 | CBLR | NA | NA | NA | 18.66% | 14.69% | 14.72% | 15.80% | 10.69% |
| 2Q24 | CBLR | NA | NA | NA | 20.90% | 14.55% | 14.57% | 15.69% | 10.61% |
| 1Q24 | CBLR | NA | NA | NA | 21.65% | 14.58% | 14.60% | 15.70% | 10.54% |
| 4Q23 | CBLR | NA | NA | NA | 23.41% | 14.42% | 14.45% | 15.56% | 10.55% |
| 3Q23 | CBLR | NA | NA | NA | 25.14% | 14.65% | 14.67% | 15.79% | 10.60% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| Varo Bank, N.A. (this bank) | CBLR | NA | NA | NA | 18.46% | |
| Security State Bank | $338.0M | CBLR | NA | NA | NA | 14.61% |
| Bath State Bank | $337.6M | Risk-based | 11.89% | 11.89% | 12.88% | 8.82% |
| Pathway Bank | $338.1M | CBLR | NA | NA | NA | 12.43% |
| Trucommunity Bank | $338.2M | CBLR | NA | NA | NA | 11.06% |
| The First Trust and Savings Bank of Watseka | $337.1M | CBLR | NA | NA | NA | 16.10% |
| Traditions First Bank | $336.6M | CBLR | NA | NA | NA | 9.91% |
| Eastern Savings Bank Federal Savings Bank | $336.4M | CBLR | NA | NA | NA | 30.96% |
| Bank of 1889 | $339.2M | CBLR | NA | NA | NA | 10.85% |
| Farmers and Merchants State Bank of Pierz | $336.2M | CBLR | NA | NA | NA | 9.28% |
| The Citizens State Bank | $336.2M | CBLR | NA | NA | NA | 12.08% |
| Peer 25th percentile | NA | NA | NA | 10.15% | ||
| Peer median | 11.89% | 11.89% | 12.88% | 11.57% | ||
| Peer 75th percentile | NA | NA | NA | 14.07% | ||
| This bank's percentile | NA | NA | NA | 90 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/5518023/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.