Call reports 2009
BLUERIDGE BANK — 2009
What BLUERIDGE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 60,795,000 | 62,412,000 | 70,640,000 | 88,264,000 |
| Total loans | 37,564,000 | 47,316,000 | 52,813,000 | 56,791,000 |
| Allowance for loan losses | 577,000 | 683,000 | 906,000 | 974,000 |
| Securities available for sale | 0 | 0 | 0 | 8,278,000 |
| Securities held to maturity | 4,881,000 | 8,816,000 | 9,906,000 | 13,787,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,322,000 | 47,261,000 | 50,586,000 | 73,638,000 |
| Interest-bearing deposits | 40,900,000 | 42,785,000 | 45,551,000 | 68,470,000 |
| Noninterest-bearing deposits | 4,422,000 | 4,476,000 | 5,035,000 | 5,168,000 |
| Equity capital | 15,392,000 | 15,062,000 | 14,955,000 | 14,520,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 499,000 | 1,116,000 | 1,876,000 | 2,723,000 |
| Interest expense | 239,000 | 483,000 | 709,000 | 974,000 |
| Net interest income | 260,000 | 633,000 | 1,167,000 | 1,749,000 |
| Noninterest income | 10,000 | 18,000 | 198,000 | 206,000 |
| Noninterest expense | 718,000 | 1,460,000 | 2,239,000 | 2,991,000 |
| Provision for loan losses | 56,000 | 162,000 | 385,000 | 453,000 |
| Pretax income | -504,000 | -971,000 | -1,259,000 | -1,489,000 |
| Income tax | -29,000 | -84,000 | -184,000 | 5,000 |
| Net income | -475,000 | -887,000 | -1,075,000 | -1,494,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,661,000 | 14,268,000 | 14,060,000 | 13,831,000 |
| Total capital | 15,147,000 | 14,842,000 | 14,706,000 | 14,533,000 |
| Risk-weighted assets | 39,524,000 | 45,785,000 | 51,542,000 | 55,869,000 |