Call reports 2020
BLUE RIDGE BANK, NATIONAL ASSOCIATION — 2020
What BLUE RIDGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,025,492,000 | 1,583,761,000 | 1,516,200,000 | 1,489,199,000 |
| Total loans | 760,955,000 | 1,149,261,000 | 1,232,303,000 | 1,169,625,000 |
| Allowance for loan losses | 4,897,000 | 8,206,000 | 12,123,000 | 13,827,000 |
| Securities available for sale | 98,931,000 | 104,481,000 | 108,889,000 | 103,163,000 |
| Securities held to maturity | 11,219,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 769,603,000 | 978,364,000 | 921,055,000 | 947,283,000 |
| Interest-bearing deposits | 591,250,000 | 680,743,000 | 637,362,000 | 613,511,000 |
| Noninterest-bearing deposits | 178,353,000 | 297,621,000 | 283,693,000 | 333,772,000 |
| Equity capital | 98,291,000 | 105,498,000 | 113,287,000 | 121,157,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 10,506,000 | 23,700,000 | 38,120,000 | 54,470,000 |
| Interest expense | 2,224,000 | 4,473,000 | 6,684,000 | 8,685,000 |
| Net interest income | 8,282,000 | 19,227,000 | 31,436,000 | 45,785,000 |
| Noninterest income | 5,006,000 | 21,535,000 | 39,082,000 | 56,646,000 |
| Noninterest expense | 11,223,000 | 26,818,000 | 44,344,000 | 66,201,000 |
| Provision for loan losses | 575,000 | 4,075,000 | 8,075,000 | 10,450,000 |
| Pretax income | 1,490,000 | 9,869,000 | 18,308,000 | 25,991,000 |
| Income tax | 311,000 | 2,087,000 | 3,885,000 | 5,500,000 |
| Net income | 1,169,000 | 7,776,000 | 14,421,000 | 20,490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 77,758,000 | 85,583,000 | 92,583,000 | 98,751,000 |
| Total capital | 82,655,000 | 93,789,000 | 102,806,000 | 109,219,000 |
| Risk-weighted assets | 717,621,000 | 760,363,000 | 815,965,000 | 834,040,000 |