Verus Bank of Commerce
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Data as of · sourced from FFIEC call reports. How we update
Verus Bank of Commerce is an FDIC-insured commercial bank headquartered in Fort Collins, CO, established in 2005 (FDIC certificate 58025), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $202.4M, up 8.0% from Q2 2025, the 45th largest of 63 banks headquartered in Colorado. It reports no CET1 ratio; its Tier 1 leverage ratio was 18.46% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 58025
- Headquarters
- Fort Collins, CO
- Established
- 2005
- Total assets, Q2 2026
- $202.4M
- Assets vs Q2 2025
- +8.0%
- Tier 1 leverage ratio, Q2 2026
- 18.46%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 107007074
- Latest call report
- Q2 2026, FFIEC 051 · Verus Bank of Commerce call report
- Holding company
- VERUS ACQUISITION GROUP, INC.
- Asset rank in state
- 45th of 63 in Colorado
Verus Bank of Commerce carries far more capital than most banks of its size. It reported $202 million in assets at June 30, 2026, up 8.0% from a year earlier. It funds 18.46% of its assets with Tier 1 capital, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 10.99%). On the other hand, it holds commercial real estate loans worth 3.1 times its capital, 2.6 times the median of 1.2 times for banks its size.
Net income for the quarter rose 16% from a year earlier, to $612,000. Over the same year, loans grew 7.3% and deposits grew 11.7%. Profitability lags: it returns 6.5% a year on shareholders' equity, about half the median of 12.5% for banks its size.
As of June 30, 2026, Verus Bank of Commerce reported a return on assets of 1.21%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
Verus Bank of Commerce ranks as the 45th largest of the 63 banks based in Colorado, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 2.3% to $202.4M, loans fell 0.5% and deposits rose 1.0%. Its loan book on June 30, 2026 was led by non-owner-occupied commercial real estate loans, at 60.3% of total loans, followed by 1-4 family residential loans at 15.0%. Its one office in the FDIC Summary of Deposits is in Fort Collins, CO. By the capital ratios in its Q2 2026 call report, Verus Bank of Commerce meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 3700 S College Ave, Fort Collins, CO 80525
- County
- Larimer
- Metro Area
- Fort Collins-Loveland, CO
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- June 27, 2005
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 12
- Domestic deposits
- $162.9M
- Allowance for credit losses
- $1.4M
- Net charge-offs (YTD)
- $0
- Average total assets
- $202.5M
- Average total loans
- $176.3M
- Average interest-bearing deposits
- $114.6M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- June 27, 2005
- FDIC Cert
- 58025
- Fed RSSD
- 3322468
- SEC CIK
- 1497058 → filed by VERUS ACQUISITION GROUP, INC.
- Website
- www.verusboc.com →
- Parent Holding Company
- VERUS ACQUISITION GROUP, INC. (RSSD 4136439)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Verus Bank of Commerce reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Verus Bank of Commerce's total assets moved between a low of $187.4M (Q2 2025) and a high of $207.2M (Q1 2024) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$202.4M total assets against $187.4M; $164.6M total liabilities against $150.2M.
$175.1M net loans and leases against $163.1M; $162.9M total deposits against $145.8M.
$0 securities against $0; $24.1M cash and balances due against $21.9M.
$2.9M total interest income against $2.7M; $891K total interest expense against $928K.
$2.0M net interest income against $1.8M.
$125K total noninterest income against $190K; $1.4M total noninterest expense against $1.3M.
No provision recorded in the last 12 quarters.
$612K net income against $527K.
1.21% return on assets against 1.10%; 4.10% net interest margin against 3.89%.
18.46% tier 1 leverage ratio against 19.34%.
Inside the full Verus Bank of Commerce terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Verus Bank of Commerce rankings
Its closest position to the top of a national ranking is 1,997 of 3,611, for ROA; its furthest is 3,532 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.60% (Q1 2025) to 1.79% (Q4 2025) and its net interest margin ran from 3.85% (Q1 2025) to 4.17% (Q4 2024).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 18.46% | 1.21% | 0.00% | 0.00% | 4.10% |
| Q1 2026 | 18.61% | 0.83% | 0.00% | 0.00% | 4.03% |
| Q4 2025 | 18.62% | 1.79% | 0.00% | 0.00% | 4.11% |
| Q3 2025 | 19.79% | 1.27% | 0.00% | 0.00% | 4.05% |
| Q2 2025 | 19.34% | 1.10% | 0.00% | 0.00% | 3.89% |
| Q1 2025 | 18.76% | 0.60% | 0.00% | 0.00% | 3.85% |
| Q4 2024 | 18.64% | 1.67% | 0.00% | 0.00% | 4.17% |
| Q3 2024 | 19.35% | 1.31% | 0.45% | 1.89% | 3.91% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Verus Bank of Commerce (main office) | Fort Collins , CO | 80525 | $162.9M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| February 12, 2011 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 12, 2011 | Structure Change | Acquired Larimer Bank of Commerce Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in CO, rank 80 of 121 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $266K approved, $266K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2017 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Verus Bank of Commerce
What are Verus Bank of Commerce's total assets?
As of the Q2 2026 filing, Verus Bank of Commerce reported total assets of $202.4 million in its FFIEC call report.
Where is Verus Bank of Commerce headquartered?
It is headquartered in Fort Collins, CO, United States.
When was Verus Bank of Commerce founded?
It was established in 2005, per the FDIC institution directory.
Is Verus Bank of Commerce FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #58025). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Verus Bank of Commerce?
Verus Bank of Commerce's primary federal regulator is the Federal Reserve.
How many branches does Verus Bank of Commerce operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Verus Bank of Commerce's Texas Ratio?
Its Texas Ratio is 0.00% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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