Milestone

Erebor Q2 call report shows $4.66B in assets, $597M in equity and a net loss

Jul 28, 20262 sources6 of 6 claims verifiedNotable signal

Place in VP50: #23
Sources: 2
Claims verified: 6 of 6

What happened

AI summaryWritten from 2 sources, checked claim by claim

Erebor Bank, N.A.'s FFIEC call report for the quarter ended June 30, 2026 appeared on two aggregator sites that mirror regulatory filings. The ibanknet mirror showed the data as updated on July 28, 2026. Neither page showed the date the report was filed.

Both pages showed total assets of $4.66 billion, total deposits of $4.06 billion and total equity capital of $597.44 million. Net loans and leases were $77.18 million. The Visbanking page also showed cash and balances due from depository institutions of $4.17 billion. Both pages showed a net loss. ibanknet listed net income of (16,322) in thousands of dollars on a year-to-date basis through June 30. Visbanking listed net income of -$10,312,000 and did not state the period it covered. The sources did not explain the difference between the two figures. Neither page included management commentary or any statement from Erebor about the results.

Key points

Total assets of $4.66 billion and total deposits of $4.06 billion at June 30, 2026¹²
Total equity capital of $597.44 million; net loans and leases of $77.18 million¹²
Cash and balances due from depository institutions of $4.17 billion¹
Net loss shown: (16,322) in thousands year to date on ibanknet, and -$10,312,000 with no period stated on Visbanking¹²

Why it matters

Book equity reference

Equity capital of $597.44 million gives a regulatory book figure for the bank. It is an accounting measure and not a market price for its shares.

Balance sheet is mostly cash

Net loans of $77.18 million sit beside deposits of $4.06 billion and cash of $4.17 billion. The loan book is small next to the deposit base.

Loss size not settled

The two mirrors show losses on a year-to-date basis and on an unstated basis, so the size of the second-quarter loss alone is not established from these pages.

Fact-check

Total assets were $4.66 billion and total deposits $4.06 billion for the quarter ended June 30, 2026Confirmed by [1] Visbanking: $4.66B assets and $4.06B deposits; [2] ibanknet: 4,664,972 and 4,057,089 in thousands, quarter ended 2026-06-30.Verified
Total equity capital was $597.44 millionConfirmed by [1] Visbanking: $597.44M; [2] ibanknet: total bank equity capital 597,442 in thousands.Verified
Net loans and leases were $77.18 millionConfirmed by [1] Visbanking: $77.18M; [2] ibanknet: 77,182 in thousands.Verified
Cash and balances due from depository institutions were $4.17 billionConfirmed by [1] Visbanking: $4.17B; [2] ibanknet does not show cash on its page.Verified
ibanknet showed year-to-date net income of (16,322) in thousands through June 30, and Visbanking showed -$10,312,000 with no period statedConfirmed by [2] ibanknet: Net Income (16,322), income statement labeled USD in thousands, ytd; [1] Visbanking: $-10,312,000, period not stated.Verified
The ibanknet data was updated on July 28, 2026 and neither page shows a filing date[2] ibanknet: Updated 2026-07-28; [1] Visbanking shows a data update date of 10/16/2026 and no filing date.Verified

Sources

[1]FFIEC call report via Visbanking (opens in a new tab)Erebor Bank, N.A. Call Report$-10,312,000
[2]FFIEC call report via ibanknet.com (opens in a new tab)Erebor Bank, N.A. FFIEC call report, quarter ended 2026-06-30 (ibanknet mirror, updated 2026-07-28)Quarter Ended : 2026-06-30