The woody discoloration looks more like the boundary of the central pith and subsequent growth rings to me, but the symptoms would seem to be consistent with most anything that would cause the xylem to be clogged. Certainly verticillium is one possibility. However, verticillium's growth essentially comes to a stop when the temperature is above 75F, so it strongly tends to be an early spring phenom and it is very strange for it to be affecting tree's this late in the season in your climate. While I cannot identify your problem I don't believe it is verticillium. On the other hand, you may be able to get a definitive analysis via your local ag agent.
Another valuable thing to know about verticillium is that the microsclerotia are killed by the temperatures commonly found in compost heaps. One full year of proper composting is usually enough to eliminate verticillium from infected gardening soils/materials. Conversely, don't import materials to your garden that haven't been composted (if verticillium is active in your area or that of the material's origin).