$374M
+5.3%y/y
Percentile by value21st percentileby value
FDIC
ASSETVB
Varo Bank, National Association
Draper, UtahFDIC Cert #59190
OCCEstablished 20201 branch
Holding company: VARO MONEY INCRegulator: OCC
FDIC
CERT + OFFDOMBalance sheet & income statement
Financials
Reported balance-sheet positions and year-to-date earnings from the latest FDIC Call Report.
As of Q1 2026
Balance sheet trend
Assets & deposits
| Quarter | Assets | Deposits |
|---|---|---|
| Q2 2021 | $248M | $152M |
| Q3 2021 | $732M | $261M |
| Q4 2021 | $649M | $251M |
| Q1 2022 | $665M | $336M |
| Q2 2022 | $593M | $312M |
| Q3 2022 | $529M | $302M |
| Q4 2022 | $476M | $276M |
| Q1 2023 | $564M | $396M |
| Q2 2023 | $555M | $361M |
| Q3 2023 | $521M | $346M |
| Q4 2023 | $486M | $324M |
| Q1 2024 | $533M | $379M |
| Q2 2024 | $480M | $339M |
| Q3 2024 | $427M | $302M |
| Q4 2024 | $448M | $337M |
| Q1 2025 | $355M | $215M |
| Q2 2025 | $282M | $161M |
| Q3 2025 | $276M | $160M |
| Q4 2025 | $376M | $211M |
| Q1 2026 | $374M | $220M |
Balance sheet
Core assets, funding, and capital reported at quarter end.
$220M
+2.5%y/y
Percentile by value1st percentileby value
FDIC
DEP$101M
+18.2%y/y
Percentile by value2nd percentileby value
FDIC
LNLSGR$91.1M
+13.5%y/y
Percentile by value1st percentileby value
FDIC
LNLSNET$30.6M
−32.7%y/y
Percentile by value16th percentileby value
FDIC
SC$214M
+13.8%y/y
Percentile by value99th percentileby value
FDIC
CHBAL$283M
+5.6%y/y
Percentile by value6th percentileby value
FDIC
LIAB$91.5M
+4.5%y/y
Peer standing88th percentile
FDIC
EQIncome statement
Year-to-date reported earnings and core revenue components.
$40.6M
+7.0%y/y
Peer standing100th percentile
FDIC
NIM + NONII$4.33M
+28.4%y/y
Peer standing46th percentile
FDIC
NIM$36.2M
+5.0%y/y
Peer standing100th percentile
FDIC
NONII$7.91M
+124.4%y/y
Percentile by value100th percentileby value
FDIC
ELNATR−$23.1M
+7.6%y/y
Peer standing0th percentile
FDIC
PTAXNETINC−$23.1M
+7.6%y/y
Peer standing0th percentile
FDIC
NETINC