Call reports 2010
BLUERIDGE BANK — 2010
What BLUERIDGE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 96,816,000 | 102,004,000 | 114,343,000 | 125,727,000 |
| Total loans | 63,014,000 | 70,224,000 | 74,813,000 | 79,334,000 |
| Allowance for loan losses | 1,116,000 | 1,195,000 | 1,259,000 | 1,432,000 |
| Securities available for sale | 11,195,000 | 7,623,000 | 20,080,000 | 32,634,000 |
| Securities held to maturity | 17,661,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,325,000 | 87,706,000 | 100,156,000 | 112,179,000 |
| Interest-bearing deposits | 74,618,000 | 78,854,000 | 91,321,000 | 101,614,000 |
| Noninterest-bearing deposits | 7,707,000 | 8,852,000 | 8,835,000 | 10,565,000 |
| Equity capital | 14,389,000 | 14,183,000 | 14,058,000 | 13,403,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,043,000 | 2,017,000 | 3,077,000 | 4,239,000 |
| Interest expense | 350,000 | 711,000 | 1,102,000 | 1,527,000 |
| Net interest income | 693,000 | 1,306,000 | 1,975,000 | 2,712,000 |
| Noninterest income | 11,000 | 20,000 | 33,000 | 50,000 |
| Noninterest expense | 820,000 | 1,823,000 | 2,764,000 | 3,689,000 |
| Provision for loan losses | 142,000 | 221,000 | 285,000 | 458,000 |
| Pretax income | -258,000 | -718,000 | -1,082,000 | -1,427,000 |
| Income tax | -40,000 | -140,000 | -226,000 | -279,000 |
| Net income | -218,000 | -578,000 | -856,000 | -1,148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,645,000 | 13,293,000 | 13,116,000 | 12,484,000 |
| Total capital | 14,395,000 | 14,121,000 | 14,053,000 | 13,508,000 |
| Risk-weighted assets | 59,660,000 | 69,068,000 | 74,628,000 | 83,559,000 |