Call reports 2008
BLUE RIDGE BANK, NATIONAL ASSOCIATION — 2008
What BLUE RIDGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 85,032,000 | 89,048,000 | 104,459,000 | 104,389,000 |
| Total loans | 56,052,000 | 59,296,000 | 71,464,000 | 77,197,000 |
| Allowance for loan losses | 544,000 | 521,000 | 536,000 | 577,000 |
| Securities available for sale | 8,828,000 | 10,473,000 | 13,324,000 | 7,958,000 |
| Securities held to maturity | 11,653,000 | 11,346,000 | 11,073,000 | 10,722,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,834,000 | 77,827,000 | 81,318,000 | 81,810,000 |
| Interest-bearing deposits | 57,404,000 | 58,163,000 | 62,873,000 | 64,771,000 |
| Noninterest-bearing deposits | 17,430,000 | 19,664,000 | 18,445,000 | 17,039,000 |
| Equity capital | 7,264,000 | 7,446,000 | 7,424,000 | 7,699,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,283,000 | 2,563,000 | 3,946,000 | 5,498,000 |
| Interest expense | 406,000 | 772,000 | 1,191,000 | 1,680,000 |
| Net interest income | 877,000 | 1,791,000 | 2,755,000 | 3,818,000 |
| Noninterest income | 229,000 | 565,000 | 805,000 | 1,059,000 |
| Noninterest expense | 884,000 | 1,755,000 | 2,608,000 | 3,481,000 |
| Provision for loan losses | 0 | 0 | 16,000 | 64,000 |
| Pretax income | 223,000 | 602,000 | 937,000 | 1,373,000 |
| Income tax | 51,000 | 153,000 | 250,000 | 361,000 |
| Net income | 172,000 | 449,000 | 413,000 | 738,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,177,000 | 7,454,000 | 7,418,000 | 7,631,000 |
| Total capital | 7,721,000 | 7,975,000 | 7,954,000 | 8,208,000 |
| Risk-weighted assets | 52,362,000 | 56,218,000 | 66,389,000 | 68,497,000 |