VERABANK, INC. has sponsored the creation of one or more 401k plans.
Additional information about VERABANK, INC.
Submission information for form 5500 for 401k plan VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN
| Measure | Date | Value |
|---|
| 2023 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-12-31 | $618,660 |
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $618,660 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $16,279,076 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $5,846,875 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $5,743,609 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $7,575,710 |
| Value of total assets at end of year | 2023-12-31 | $75,886,786 |
| Value of total assets at beginning of year | 2023-12-31 | $65,454,585 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $103,266 |
| Total interest from all sources | 2023-12-31 | $75,858 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $1,382,552 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $1,283,168 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $3,140,142 |
| Participant contributions at end of year | 2023-12-31 | $1,613,713 |
| Participant contributions at beginning of year | 2023-12-31 | $1,254,363 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $1,025,086 |
| Other income not declared elsewhere | 2023-12-31 | $-1,040 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Income. Non cash contributions | 2023-12-31 | $857,120 |
| Value of net income/loss | 2023-12-31 | $10,432,201 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $75,886,786 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $65,454,585 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $55,689,246 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $46,997,297 |
| Interest on participant loans | 2023-12-31 | $73,726 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $50,545 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $45,227 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $45,227 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $2,132 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $6,627,336 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $2,553,362 |
| Employer contributions (assets) at end of year | 2023-12-31 | $3,410,482 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $2,904,226 |
| Income. Dividends from common stock | 2023-12-31 | $99,384 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $5,743,609 |
| Contract administrator fees | 2023-12-31 | $103,266 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2023-12-31 | $15,122,800 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2023-12-31 | $14,253,472 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | PROTHRO WILHELMI |
| Accountancy firm EIN | 2023-12-31 | 742804360 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-01-01 | $618,660 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $618,660 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $16,279,076 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $5,846,875 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $5,743,609 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $7,575,710 |
| Value of total assets at end of year | 2023-01-01 | $75,886,786 |
| Value of total assets at beginning of year | 2023-01-01 | $65,454,585 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $103,266 |
| Total interest from all sources | 2023-01-01 | $75,858 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $1,382,552 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $1,283,168 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $3,140,142 |
| Participant contributions at end of year | 2023-01-01 | $1,613,713 |
| Participant contributions at beginning of year | 2023-01-01 | $1,254,363 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $1,025,086 |
| Other income not declared elsewhere | 2023-01-01 | $-1,040 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Income. Non cash contributions | 2023-01-01 | $857,120 |
| Value of net income/loss | 2023-01-01 | $10,432,201 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $75,886,786 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $65,454,585 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $55,689,246 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $46,997,297 |
| Interest on participant loans | 2023-01-01 | $73,726 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $50,545 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-01-01 | $2,132 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $6,627,336 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $2,553,362 |
| Employer contributions (assets) at end of year | 2023-01-01 | $3,410,482 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $2,904,226 |
| Income. Dividends from common stock | 2023-01-01 | $99,384 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $5,743,609 |
| Contract administrator fees | 2023-01-01 | $103,266 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2023-01-01 | $15,122,800 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2023-01-01 | $14,253,472 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | PROTHRO WILHELMI |
| Accountancy firm EIN | 2023-01-01 | 742804360 |
| 2022 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $1,418,592 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $1,418,592 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-552,987 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $4,069,134 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $3,957,766 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $6,370,049 |
| Value of total assets at end of year | 2022-12-31 | $65,454,585 |
| Value of total assets at beginning of year | 2022-12-31 | $70,076,706 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $111,368 |
| Total interest from all sources | 2022-12-31 | $49,884 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $1,024,278 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $944,777 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $2,624,050 |
| Participant contributions at end of year | 2022-12-31 | $1,254,363 |
| Participant contributions at beginning of year | 2022-12-31 | $1,268,075 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $841,773 |
| Other income not declared elsewhere | 2022-12-31 | $11,195 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Income. Non cash contributions | 2022-12-31 | $735,124 |
| Value of net income/loss | 2022-12-31 | $-4,622,121 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $65,454,585 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $70,076,706 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $46,997,297 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $53,793,845 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $1,996 |
| Interest on participant loans | 2022-12-31 | $49,625 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $45,227 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $34,565 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $34,565 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $259 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-9,426,869 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-116 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $2,169,102 |
| Employer contributions (assets) at end of year | 2022-12-31 | $2,904,226 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $2,540,445 |
| Income. Dividends from common stock | 2022-12-31 | $79,501 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $3,957,766 |
| Contract administrator fees | 2022-12-31 | $111,368 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $14,253,472 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $12,437,780 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | PROTHRO WILHELMI AND COMPANY, PLLC |
| Accountancy firm EIN | 2022-12-31 | 742804360 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-01-01 | $1,418,592 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $1,418,592 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-552,987 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $4,069,134 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $3,957,766 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $6,370,049 |
| Value of total assets at end of year | 2022-01-01 | $65,454,585 |
| Value of total assets at beginning of year | 2022-01-01 | $70,076,706 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $111,368 |
| Total interest from all sources | 2022-01-01 | $49,884 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $1,024,278 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $944,777 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $2,624,050 |
| Participant contributions at end of year | 2022-01-01 | $1,254,363 |
| Participant contributions at beginning of year | 2022-01-01 | $1,268,075 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $841,773 |
| Other income not declared elsewhere | 2022-01-01 | $11,195 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Income. Non cash contributions | 2022-01-01 | $735,124 |
| Value of net income/loss | 2022-01-01 | $-4,622,121 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $65,454,585 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $70,076,706 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $46,997,297 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $53,793,845 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $1,996 |
| Interest on participant loans | 2022-01-01 | $49,625 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $45,227 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-01-01 | $259 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-9,426,869 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-116 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $2,169,102 |
| Employer contributions (assets) at end of year | 2022-01-01 | $2,904,226 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $2,540,445 |
| Income. Dividends from common stock | 2022-01-01 | $79,501 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $3,957,766 |
| Contract administrator fees | 2022-01-01 | $111,368 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-01-01 | $14,253,472 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-01-01 | $12,437,780 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | PROTHRO WILHELMI AND COMPANY, PLLC |
| Accountancy firm EIN | 2022-01-01 | 742804360 |
| 2021 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $3,076,714 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $3,076,714 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $15,879,811 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $5,223,235 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $5,197,701 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $6,599,508 |
| Value of total assets at end of year | 2021-12-31 | $70,076,706 |
| Value of total assets at beginning of year | 2021-12-31 | $59,420,130 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $25,534 |
| Total interest from all sources | 2021-12-31 | $47,462 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $271,623 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $203,348 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $2,378,156 |
| Participant contributions at end of year | 2021-12-31 | $1,268,075 |
| Participant contributions at beginning of year | 2021-12-31 | $1,149,656 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,680,907 |
| Other income not declared elsewhere | 2021-12-31 | $43,198 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Income. Non cash contributions | 2021-12-31 | $640,110 |
| Value of net income/loss | 2021-12-31 | $10,656,576 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $70,076,706 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $59,420,130 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $53,793,845 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $21,025,781 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $1,996 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $4,185,930 |
| Interest on participant loans | 2021-12-31 | $47,459 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $21,616,665 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $34,565 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $34,472 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $34,472 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $3 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,619,481 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $1,087,222 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $3,134,603 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $1,900,335 |
| Employer contributions (assets) at end of year | 2021-12-31 | $2,540,445 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $2,255,483 |
| Income. Dividends from common stock | 2021-12-31 | $68,275 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $5,197,701 |
| Contract administrator fees | 2021-12-31 | $25,534 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $12,437,780 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $9,152,143 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Aggregate proceeds on sale of assets | 2021-12-31 | $401,830 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $401,830 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | PROTHRO WILHELMI & COMPANY |
| Accountancy firm EIN | 2021-12-31 | 742804360 |
| 2020 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $512,007 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $512,007 |
| Total transfer of assets to this plan | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Expenses. Interest paid | 2020-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $11,836,145 |
| Total loss/gain on sale of assets | 2020-12-31 | $-63,336 |
| Total of all expenses incurred | 2020-12-31 | $3,959,608 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $3,935,751 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
| Value of total corrective distributions | 2020-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $4,732,817 |
| Value of total assets at end of year | 2020-12-31 | $59,420,130 |
| Value of total assets at beginning of year | 2020-12-31 | $51,543,593 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $23,857 |
| Total income from rents | 2020-12-31 | $0 |
| Total interest from all sources | 2020-12-31 | $54,647 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $279,316 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $211,484 |
| Administrative expenses professional fees incurred | 2020-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
| Contributions received from participants | 2020-12-31 | $2,078,241 |
| Participant contributions at end of year | 2020-12-31 | $1,149,656 |
| Participant contributions at beginning of year | 2020-12-31 | $1,212,108 |
| Participant contributions at end of year | 2020-12-31 | $0 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $399,093 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
| Other income not declared elsewhere | 2020-12-31 | $0 |
| Administrative expenses (other) incurred | 2020-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Income. Non cash contributions | 2020-12-31 | $567,853 |
| Value of net income/loss | 2020-12-31 | $7,876,537 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $59,420,130 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $51,543,593 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-31 | $0 |
| Investment advisory and management fees | 2020-12-31 | $2,566 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $21,025,781 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $18,094,460 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $4,185,930 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $3,813,377 |
| Interest on participant loans | 2020-12-31 | $54,488 |
| Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
| Interest earned on other investments | 2020-12-31 | $0 |
| Income. Interest from US Government securities | 2020-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $21,616,665 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $17,678,588 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $34,472 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $34,495 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $34,495 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $159 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $2,769,159 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $603,472 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $2,948,063 |
| Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $1,687,630 |
| Employer contributions (assets) at end of year | 2020-12-31 | $2,255,483 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $2,225,005 |
| Income. Dividends from preferred stock | 2020-12-31 | $0 |
| Income. Dividends from common stock | 2020-12-31 | $67,832 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $3,935,751 |
| Contract administrator fees | 2020-12-31 | $21,291 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $9,152,143 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $8,485,560 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $343,824 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $407,160 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | PROTHRO WILHELMI & CO. |
| Accountancy firm EIN | 2020-12-31 | 742804360 |
| 2019 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2019-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $439,992 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $439,992 |
| Total transfer of assets to this plan | 2019-12-31 | $567,296 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Expenses. Interest paid | 2019-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $11,169,046 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $5,689,121 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $5,633,795 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $28,000 |
| Value of total corrective distributions | 2019-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $4,509,006 |
| Value of total assets at end of year | 2019-12-31 | $51,543,593 |
| Value of total assets at beginning of year | 2019-12-31 | $45,496,372 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $27,326 |
| Total income from rents | 2019-12-31 | $0 |
| Total interest from all sources | 2019-12-31 | $113,826 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $308,369 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $246,003 |
| Administrative expenses professional fees incurred | 2019-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2019-12-31 | $0 |
| Contributions received from participants | 2019-12-31 | $1,983,464 |
| Participant contributions at end of year | 2019-12-31 | $1,212,108 |
| Participant contributions at beginning of year | 2019-12-31 | $1,191,159 |
| Participant contributions at end of year | 2019-12-31 | $0 |
| Participant contributions at beginning of year | 2019-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $299,513 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
| Other income not declared elsewhere | 2019-12-31 | $-567,296 |
| Administrative expenses (other) incurred | 2019-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Income. Non cash contributions | 2019-12-31 | $562,759 |
| Value of net income/loss | 2019-12-31 | $5,479,925 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $51,543,593 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $45,496,372 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2019-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2019-12-31 | $0 |
| Investment advisory and management fees | 2019-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $18,094,460 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $11,556,583 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $3,813,377 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $2,812,543 |
| Interest on participant loans | 2019-12-31 | $54,932 |
| Income. Interest from loans (other than to participants) | 2019-12-31 | $0 |
| Interest earned on other investments | 2019-12-31 | $58,217 |
| Income. Interest from US Government securities | 2019-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2019-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $17,678,588 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $16,127,627 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $34,495 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $28,781 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $28,781 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $677 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $4,657,086 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $2,351,126 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $813,925 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $3,200,098 |
| Net gain/loss from 103.12 investment entities | 2019-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $1,663,270 |
| Employer contributions (assets) at end of year | 2019-12-31 | $2,225,005 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $2,081,313 |
| Income. Dividends from preferred stock | 2019-12-31 | $0 |
| Income. Dividends from common stock | 2019-12-31 | $62,366 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $5,633,795 |
| Contract administrator fees | 2019-12-31 | $27,326 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $8,485,560 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $7,041,280 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Aggregate proceeds on sale of assets | 2019-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | PROTHRO, WILHELMI & COMPANY |
| Accountancy firm EIN | 2019-12-31 | 742804360 |
| 2018 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2018-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $440,081 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $440,081 |
| Total transfer of assets to this plan | 2018-12-31 | $27,628 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Expenses. Interest paid | 2018-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $7,371,830 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $3,710,615 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $3,668,628 |
| Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $0 |
| Value of total corrective distributions | 2018-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $8,093,197 |
| Value of total assets at end of year | 2018-12-31 | $45,496,372 |
| Value of total assets at beginning of year | 2018-12-31 | $41,807,529 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $41,987 |
| Total income from rents | 2018-12-31 | $0 |
| Total interest from all sources | 2018-12-31 | $127,698 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $275,351 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $218,636 |
| Administrative expenses professional fees incurred | 2018-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2018-12-31 | $0 |
| Contributions received from participants | 2018-12-31 | $1,741,932 |
| Participant contributions at end of year | 2018-12-31 | $1,191,159 |
| Participant contributions at beginning of year | 2018-12-31 | $996,631 |
| Participant contributions at end of year | 2018-12-31 | $0 |
| Participant contributions at beginning of year | 2018-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $4,247,250 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $0 |
| Other income not declared elsewhere | 2018-12-31 | $718,180 |
| Administrative expenses (other) incurred | 2018-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Income. Non cash contributions | 2018-12-31 | $529,792 |
| Value of net income/loss | 2018-12-31 | $3,661,215 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $45,496,372 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $41,807,529 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2018-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2018-12-31 | $0 |
| Investment advisory and management fees | 2018-12-31 | $22,702 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $11,556,583 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $11,534,921 |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $2,812,543 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $2,588,246 |
| Interest on participant loans | 2018-12-31 | $47,277 |
| Income. Interest from loans (other than to participants) | 2018-12-31 | $0 |
| Interest earned on other investments | 2018-12-31 | $80,023 |
| Income. Interest from US Government securities | 2018-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2018-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $16,127,627 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $13,953,395 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $28,781 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $27,619 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $27,619 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $398 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $4,657,086 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $5,475,354 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-831,894 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-223,835 |
| Net investment gain or loss from common/collective trusts | 2018-12-31 | $-1,226,948 |
| Net gain/loss from 103.12 investment entities | 2018-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $1,574,223 |
| Employer contributions (assets) at end of year | 2018-12-31 | $2,081,313 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $957,883 |
| Income. Dividends from preferred stock | 2018-12-31 | $0 |
| Income. Dividends from common stock | 2018-12-31 | $56,715 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $3,668,628 |
| Contract administrator fees | 2018-12-31 | $19,285 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2018-12-31 | $7,041,280 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $6,273,480 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $0 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Aggregate proceeds on sale of assets | 2018-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2018-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | PROTHRO WILHELMI |
| Accountancy firm EIN | 2018-12-31 | 742804360 |
| 2017 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2017-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $1,882,044 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $1,882,044 |
| Total transfer of assets to this plan | 2017-12-31 | $5,017 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Expenses. Interest paid | 2017-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $8,655,368 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $687,825 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $617,220 |
| Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $14,602 |
| Value of total corrective distributions | 2017-12-31 | $16,561 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $2,910,788 |
| Value of total assets at end of year | 2017-12-31 | $41,807,529 |
| Value of total assets at beginning of year | 2017-12-31 | $33,834,969 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $39,442 |
| Total income from rents | 2017-12-31 | $0 |
| Total interest from all sources | 2017-12-31 | $118,638 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $183,592 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $183,592 |
| Administrative expenses professional fees incurred | 2017-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2017-12-31 | $0 |
| Contributions received from participants | 2017-12-31 | $1,439,805 |
| Participant contributions at end of year | 2017-12-31 | $996,631 |
| Participant contributions at beginning of year | 2017-12-31 | $937,527 |
| Participant contributions at end of year | 2017-12-31 | $0 |
| Participant contributions at beginning of year | 2017-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $490,188 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $0 |
| Other income not declared elsewhere | 2017-12-31 | $65,931 |
| Administrative expenses (other) incurred | 2017-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Income. Non cash contributions | 2017-12-31 | $426,960 |
| Value of net income/loss | 2017-12-31 | $7,967,543 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $41,807,529 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $33,834,969 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2017-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2017-12-31 | $0 |
| Investment advisory and management fees | 2017-12-31 | $23,008 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $11,534,921 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $9,490,707 |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $2,588,246 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $2,139,741 |
| Interest on participant loans | 2017-12-31 | $36,017 |
| Income. Interest from loans (other than to participants) | 2017-12-31 | $0 |
| Interest earned on other investments | 2017-12-31 | $82,330 |
| Income. Interest from US Government securities | 2017-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2017-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $13,953,395 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $10,214,867 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $27,619 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $52,385 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $52,385 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $291 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $5,475,354 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $5,367,772 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $1,355,305 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $399,824 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $1,739,246 |
| Net gain/loss from 103.12 investment entities | 2017-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Assets. Invements in employer securities at end of year | 2017-12-31 | $6,273,480 |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $4,033,344 |
| Contributions received in cash from employer | 2017-12-31 | $553,835 |
| Employer contributions (assets) at end of year | 2017-12-31 | $957,883 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $1,598,626 |
| Income. Dividends from preferred stock | 2017-12-31 | $0 |
| Income. Dividends from common stock | 2017-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $617,220 |
| Contract administrator fees | 2017-12-31 | $16,434 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $0 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Aggregate proceeds on sale of assets | 2017-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2017-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | PROTHRO WILHELMI |
| Accountancy firm EIN | 2017-12-31 | 742804360 |
| 2016 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2016-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $504,168 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $504,168 |
| Total transfer of assets to this plan | 2016-12-31 | $1,386 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $5,948,971 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $3,183,665 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $3,117,442 |
| Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $0 |
| Value of total corrective distributions | 2016-12-31 | $1,362 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $3,553,502 |
| Value of total assets at end of year | 2016-12-31 | $33,834,969 |
| Value of total assets at beginning of year | 2016-12-31 | $31,068,277 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $64,861 |
| Total income from rents | 2016-12-31 | $0 |
| Total interest from all sources | 2016-12-31 | $113,997 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $207,503 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $207,503 |
| Administrative expenses professional fees incurred | 2016-12-31 | $7,500 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2016-12-31 | $0 |
| Contributions received from participants | 2016-12-31 | $1,278,383 |
| Participant contributions at end of year | 2016-12-31 | $937,527 |
| Participant contributions at beginning of year | 2016-12-31 | $855,406 |
| Participant contributions at end of year | 2016-12-31 | $0 |
| Participant contributions at beginning of year | 2016-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $657,481 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $0 |
| Other income not declared elsewhere | 2016-12-31 | $36,404 |
| Administrative expenses (other) incurred | 2016-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $2,765,306 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $33,834,969 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $31,068,277 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2016-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2016-12-31 | $0 |
| Investment advisory and management fees | 2016-12-31 | $19,033 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $9,490,707 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $8,950,219 |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $2,139,741 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $1,786,029 |
| Interest on participant loans | 2016-12-31 | $31,835 |
| Income. Interest from loans (other than to participants) | 2016-12-31 | $0 |
| Interest earned on other investments | 2016-12-31 | $81,990 |
| Income. Interest from US Government securities | 2016-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2016-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $10,214,867 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $9,912,176 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $52,385 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $65,524 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $65,524 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $172 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $5,367,772 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $4,796,906 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $486,839 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $318,295 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $728,263 |
| Net gain/loss from 103.12 investment entities | 2016-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Assets. Invements in employer securities at end of year | 2016-12-31 | $4,033,344 |
| Assets. Invements in employer securities at beginning of year | 2016-12-31 | $3,137,274 |
| Contributions received in cash from employer | 2016-12-31 | $1,617,638 |
| Employer contributions (assets) at end of year | 2016-12-31 | $1,598,626 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $1,564,743 |
| Income. Dividends from preferred stock | 2016-12-31 | $0 |
| Income. Dividends from common stock | 2016-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $3,117,442 |
| Contract administrator fees | 2016-12-31 | $38,328 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $0 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Aggregate proceeds on sale of assets | 2016-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2016-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | BKD, LLP |
| Accountancy firm EIN | 2016-12-31 | 440160260 |
| 2015 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2015-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $64,025 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $64,025 |
| Total transfer of assets to this plan | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Expenses. Interest paid | 2015-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $3,271,429 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $3,528,241 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $3,425,804 |
| Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $0 |
| Value of total corrective distributions | 2015-12-31 | $19,579 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $3,367,717 |
| Value of total assets at end of year | 2015-12-31 | $31,068,277 |
| Value of total assets at beginning of year | 2015-12-31 | $31,325,089 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $82,858 |
| Total income from rents | 2015-12-31 | $0 |
| Total interest from all sources | 2015-12-31 | $110,229 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $272,125 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $229,030 |
| Administrative expenses professional fees incurred | 2015-12-31 | $24,128 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2015-12-31 | $0 |
| Contributions received from participants | 2015-12-31 | $1,260,805 |
| Participant contributions at end of year | 2015-12-31 | $855,406 |
| Participant contributions at beginning of year | 2015-12-31 | $779,644 |
| Participant contributions at end of year | 2015-12-31 | $0 |
| Participant contributions at beginning of year | 2015-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $525,558 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2015-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $0 |
| Other income not declared elsewhere | 2015-12-31 | $625 |
| Administrative expenses (other) incurred | 2015-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Income. Non cash contributions | 2015-12-31 | $391,902 |
| Value of net income/loss | 2015-12-31 | $-256,812 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $31,068,277 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $31,325,089 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2015-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2015-12-31 | $0 |
| Investment advisory and management fees | 2015-12-31 | $16,611 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $8,950,219 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $9,567,571 |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $1,786,029 |
| Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $1,602,045 |
| Interest on participant loans | 2015-12-31 | $25,865 |
| Income. Interest from loans (other than to participants) | 2015-12-31 | $0 |
| Interest earned on other investments | 2015-12-31 | $84,336 |
| Income. Interest from US Government securities | 2015-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2015-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2015-12-31 | $9,912,176 |
| Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $10,481,032 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $65,524 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $22,586 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $22,586 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $28 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $4,796,906 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $4,673,432 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-413,915 |
| Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-9,508 |
| Net investment gain or loss from common/collective trusts | 2015-12-31 | $-119,869 |
| Net gain/loss from 103.12 investment entities | 2015-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Assets. Invements in employer securities at end of year | 2015-12-31 | $3,137,274 |
| Assets. Invements in employer securities at beginning of year | 2015-12-31 | $2,714,184 |
| Contributions received in cash from employer | 2015-12-31 | $1,189,452 |
| Employer contributions (assets) at end of year | 2015-12-31 | $1,564,743 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $1,484,595 |
| Income. Dividends from preferred stock | 2015-12-31 | $0 |
| Income. Dividends from common stock | 2015-12-31 | $43,095 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $3,425,804 |
| Contract administrator fees | 2015-12-31 | $42,119 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $0 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Aggregate proceeds on sale of assets | 2015-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2015-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | BKD, LLP |
| Accountancy firm EIN | 2015-12-31 | 440160260 |
| 2014 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2014-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $311,001 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $311,001 |
| Total transfer of assets to this plan | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Expenses. Interest paid | 2014-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $4,501,712 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $1,104,355 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $1,012,004 |
| Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $0 |
| Value of total corrective distributions | 2014-12-31 | $19,900 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $2,711,838 |
| Value of total assets at end of year | 2014-12-31 | $31,325,089 |
| Value of total assets at beginning of year | 2014-12-31 | $27,927,732 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $72,451 |
| Total income from rents | 2014-12-31 | $0 |
| Total interest from all sources | 2014-12-31 | $103,119 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $254,632 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $216,630 |
| Administrative expenses professional fees incurred | 2014-12-31 | $28,770 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2014-12-31 | $0 |
| Contributions received from participants | 2014-12-31 | $1,162,619 |
| Participant contributions at end of year | 2014-12-31 | $779,644 |
| Participant contributions at beginning of year | 2014-12-31 | $648,172 |
| Participant contributions at end of year | 2014-12-31 | $0 |
| Participant contributions at beginning of year | 2014-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $57,759 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2014-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $0 |
| Other income not declared elsewhere | 2014-12-31 | $9,675 |
| Administrative expenses (other) incurred | 2014-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Income. Non cash contributions | 2014-12-31 | $359,064 |
| Value of net income/loss | 2014-12-31 | $3,397,357 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $31,325,089 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $27,927,732 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2014-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2014-12-31 | $0 |
| Investment advisory and management fees | 2014-12-31 | $6,865 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $9,567,571 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $8,669,437 |
| Value of interest in pooled separate accounts at end of year | 2014-12-31 | $1,602,045 |
| Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $1,393,427 |
| Interest on participant loans | 2014-12-31 | $25,332 |
| Income. Interest from loans (other than to participants) | 2014-12-31 | $0 |
| Interest earned on other investments | 2014-12-31 | $77,782 |
| Income. Interest from US Government securities | 2014-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2014-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2014-12-31 | $10,481,032 |
| Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $9,724,359 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $22,586 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $20,031 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $20,031 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $5 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $4,673,432 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $4,080,272 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2014-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $334,383 |
| Net investment gain/loss from pooled separate accounts | 2014-12-31 | $153,475 |
| Net investment gain or loss from common/collective trusts | 2014-12-31 | $623,589 |
| Net gain/loss from 103.12 investment entities | 2014-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Assets. Invements in employer securities at end of year | 2014-12-31 | $2,714,184 |
| Assets. Invements in employer securities at beginning of year | 2014-12-31 | $2,108,340 |
| Contributions received in cash from employer | 2014-12-31 | $1,132,396 |
| Employer contributions (assets) at end of year | 2014-12-31 | $1,484,595 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $1,283,694 |
| Income. Dividends from preferred stock | 2014-12-31 | $0 |
| Income. Dividends from common stock | 2014-12-31 | $38,002 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $1,012,004 |
| Contract administrator fees | 2014-12-31 | $36,816 |
| Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $0 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Aggregate proceeds on sale of assets | 2014-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2014-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | BKD, LLP |
| Accountancy firm EIN | 2014-12-31 | 440160260 |
| 2013 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2013-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $68,540 |
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $68,540 |
| Total transfer of assets to this plan | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Expenses. Interest paid | 2013-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $6,606,346 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $1,240,613 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,164,738 |
| Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $0 |
| Value of total corrective distributions | 2013-12-31 | $19,638 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $3,623,411 |
| Value of total assets at end of year | 2013-12-31 | $27,927,732 |
| Value of total assets at beginning of year | 2013-12-31 | $22,561,999 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $56,237 |
| Total income from rents | 2013-12-31 | $0 |
| Total interest from all sources | 2013-12-31 | $98,788 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $222,032 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $200,430 |
| Administrative expenses professional fees incurred | 2013-12-31 | $24,422 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2013-12-31 | $0 |
| Contributions received from participants | 2013-12-31 | $1,019,384 |
| Participant contributions at end of year | 2013-12-31 | $648,172 |
| Participant contributions at beginning of year | 2013-12-31 | $552,079 |
| Participant contributions at end of year | 2013-12-31 | $0 |
| Participant contributions at beginning of year | 2013-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $1,319,018 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2013-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $0 |
| Other income not declared elsewhere | 2013-12-31 | $-620 |
| Administrative expenses (other) incurred | 2013-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Income. Non cash contributions | 2013-12-31 | $294,844 |
| Value of net income/loss | 2013-12-31 | $5,365,733 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $27,927,732 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $22,561,999 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2013-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2013-12-31 | $0 |
| Investment advisory and management fees | 2013-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $8,669,437 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $7,249,357 |
| Value of interest in pooled separate accounts at end of year | 2013-12-31 | $1,393,427 |
| Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $965,930 |
| Interest on participant loans | 2013-12-31 | $20,406 |
| Income. Interest from loans (other than to participants) | 2013-12-31 | $0 |
| Interest earned on other investments | 2013-12-31 | $78,379 |
| Income. Interest from US Government securities | 2013-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2013-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2013-12-31 | $9,724,359 |
| Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $8,284,505 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $20,031 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $2,187 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $2,187 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $3 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $4,080,272 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $4,120,221 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2013-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $887,900 |
| Net investment gain/loss from pooled separate accounts | 2013-12-31 | $345,416 |
| Net investment gain or loss from common/collective trusts | 2013-12-31 | $1,360,879 |
| Net gain/loss from 103.12 investment entities | 2013-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Assets. Invements in employer securities at end of year | 2013-12-31 | $2,108,340 |
| Assets. Invements in employer securities at beginning of year | 2013-12-31 | $255,393 |
| Contributions received in cash from employer | 2013-12-31 | $990,165 |
| Employer contributions (assets) at end of year | 2013-12-31 | $1,283,694 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $1,132,327 |
| Income. Dividends from preferred stock | 2013-12-31 | $0 |
| Income. Dividends from common stock | 2013-12-31 | $21,602 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,164,738 |
| Contract administrator fees | 2013-12-31 | $31,815 |
| Liabilities. Value of benefit claims payable at beginning of year | 2013-12-31 | $0 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Aggregate proceeds on sale of assets | 2013-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2013-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | BKD, LLP |
| Accountancy firm EIN | 2013-12-31 | 440160260 |
| 2012 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2012-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $17,795 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $17,795 |
| Total transfer of assets to this plan | 2012-12-31 | $0 |
| Total transfer of assets from this plan | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Expenses. Interest paid | 2012-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $4,653,704 |
| Total loss/gain on sale of assets | 2012-12-31 | $72 |
| Total of all expenses incurred | 2012-12-31 | $1,659,065 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,655,633 |
| Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $0 |
| Value of total corrective distributions | 2012-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $2,372,248 |
| Value of total assets at end of year | 2012-12-31 | $22,561,999 |
| Value of total assets at beginning of year | 2012-12-31 | $19,567,360 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $3,432 |
| Total income from rents | 2012-12-31 | $0 |
| Total interest from all sources | 2012-12-31 | $106,121 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $208,878 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $206,692 |
| Administrative expenses professional fees incurred | 2012-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $6,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2012-12-31 | $0 |
| Contributions received from participants | 2012-12-31 | $946,043 |
| Participant contributions at end of year | 2012-12-31 | $552,079 |
| Participant contributions at beginning of year | 2012-12-31 | $507,616 |
| Participant contributions at end of year | 2012-12-31 | $0 |
| Participant contributions at beginning of year | 2012-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $273,779 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2012-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $570 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $0 |
| Other income not declared elsewhere | 2012-12-31 | $-482 |
| Administrative expenses (other) incurred | 2012-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Income. Non cash contributions | 2012-12-31 | $262,865 |
| Value of net income/loss | 2012-12-31 | $2,994,639 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $22,561,999 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $19,567,360 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2012-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2012-12-31 | $0 |
| Investment advisory and management fees | 2012-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $7,249,357 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $6,159,140 |
| Value of interest in pooled separate accounts at end of year | 2012-12-31 | $965,930 |
| Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $811,358 |
| Interest on participant loans | 2012-12-31 | $17,817 |
| Income. Interest from loans (other than to participants) | 2012-12-31 | $0 |
| Interest earned on other investments | 2012-12-31 | $88,303 |
| Income. Interest from US Government securities | 2012-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2012-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2012-12-31 | $8,284,505 |
| Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $7,380,473 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $2,187 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $1 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $4,120,221 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $3,647,053 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2012-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $873,564 |
| Net investment gain/loss from pooled separate accounts | 2012-12-31 | $135,808 |
| Net investment gain or loss from common/collective trusts | 2012-12-31 | $939,700 |
| Net gain/loss from 103.12 investment entities | 2012-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Assets. Invements in employer securities at end of year | 2012-12-31 | $255,393 |
| Assets. Invements in employer securities at beginning of year | 2012-12-31 | $0 |
| Contributions received in cash from employer | 2012-12-31 | $889,561 |
| Employer contributions (assets) at end of year | 2012-12-31 | $1,132,327 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $1,061,150 |
| Income. Dividends from preferred stock | 2012-12-31 | $0 |
| Income. Dividends from common stock | 2012-12-31 | $2,186 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,655,633 |
| Contract administrator fees | 2012-12-31 | $3,432 |
| Liabilities. Value of benefit claims payable at beginning of year | 2012-12-31 | $0 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Aggregate proceeds on sale of assets | 2012-12-31 | $1,027 |
| Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $955 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2012-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | BKD, LLP |
| Accountancy firm EIN | 2012-12-31 | 440160260 |
| 2011 : VERABANK, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2011-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total transfer of assets to this plan | 2011-12-31 | $0 |
| Total transfer of assets from this plan | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Expenses. Interest paid | 2011-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $2,038,687 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $3,369,378 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $3,369,063 |
| Expenses. Certain deemed distributions of participant loans | 2011-12-31 | $0 |
| Value of total corrective distributions | 2011-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $1,890,623 |
| Value of total assets at end of year | 2011-12-31 | $19,567,360 |
| Value of total assets at beginning of year | 2011-12-31 | $20,898,051 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $315 |
| Total income from rents | 2011-12-31 | $0 |
| Total interest from all sources | 2011-12-31 | $112,303 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $462,260 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $462,260 |
| Administrative expenses professional fees incurred | 2011-12-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2011-12-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2011-12-31 | $171,540 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $6,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2011-12-31 | $0 |
| Contributions received from participants | 2011-12-31 | $799,614 |
| Participant contributions at end of year | 2011-12-31 | $507,616 |
| Participant contributions at beginning of year | 2011-12-31 | $0 |
| Participant contributions at end of year | 2011-12-31 | $0 |
| Participant contributions at beginning of year | 2011-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $29,859 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2011-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $570 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $39,835 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $0 |
| Other income not declared elsewhere | 2011-12-31 | $0 |
| Administrative expenses (other) incurred | 2011-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $0 |
| Total non interest bearing cash at end of year | 2011-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2011-12-31 | $26,853 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Income. Non cash contributions | 2011-12-31 | $0 |
| Value of net income/loss | 2011-12-31 | $-1,330,691 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $19,567,360 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $20,898,051 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2011-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2011-12-31 | $0 |
| Investment advisory and management fees | 2011-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $6,159,140 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $11,924,195 |
| Value of interest in pooled separate accounts at end of year | 2011-12-31 | $811,358 |
| Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $0 |
| Interest on participant loans | 2011-12-31 | $9,378 |
| Income. Interest from loans (other than to participants) | 2011-12-31 | $0 |
| Interest earned on other investments | 2011-12-31 | $102,925 |
| Income. Interest from US Government securities | 2011-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2011-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2011-12-31 | $7,380,473 |
| Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $808,407 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $808,407 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $3,647,053 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2011-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-352,706 |
| Net investment gain/loss from pooled separate accounts | 2011-12-31 | $17,849 |
| Net investment gain or loss from common/collective trusts | 2011-12-31 | $-91,642 |
| Net gain/loss from 103.12 investment entities | 2011-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Assets. Invements in employer securities at end of year | 2011-12-31 | $0 |
| Assets. Invements in employer securities at beginning of year | 2011-12-31 | $0 |
| Contributions received in cash from employer | 2011-12-31 | $1,061,150 |
| Employer contributions (assets) at end of year | 2011-12-31 | $1,061,150 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $1,054,605 |
| Income. Dividends from preferred stock | 2011-12-31 | $0 |
| Income. Dividends from common stock | 2011-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $3,369,063 |
| Asset. Corporate debt instrument preferred debt at end of year | 2011-12-31 | $0 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2011-12-31 | $2,060,802 |
| Contract administrator fees | 2011-12-31 | $315 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | Yes |
| Assets. Corporate common stocks other than exployer securities at end of year | 2011-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2011-12-31 | $4,811,814 |
| Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $0 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Aggregate proceeds on sale of assets | 2011-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2011-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | BKD, LLP |
| Accountancy firm EIN | 2011-12-31 | 440160260 |
