Call reports 2022
BLUE RIDGE BANK, NATIONAL ASSOCIATION — 2022
What BLUE RIDGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,690,247,000 | 2,765,077,000 | 2,845,737,000 | 3,098,582,000 |
| Total loans | 1,904,432,000 | 2,094,803,000 | 2,172,989,000 | 2,480,593,000 |
| Allowance for loan losses | 12,013,000 | 17,242,000 | 20,534,000 | 30,740,000 |
| Securities available for sale | 375,484,000 | 381,537,000 | 359,516,000 | 354,341,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,355,913,000 | 2,343,771,000 | 2,414,154,000 | 2,505,480,000 |
| Interest-bearing deposits | 1,587,575,000 | 1,549,965,000 | 1,621,972,000 | 1,862,406,000 |
| Noninterest-bearing deposits | 768,338,000 | 793,806,000 | 792,182,000 | 643,074,000 |
| Equity capital | 286,645,000 | 262,603,000 | 254,216,000 | 255,471,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 25,773,000 | 51,948,000 | 85,078,000 | 121,541,000 |
| Interest expense | 1,581,000 | 3,189,000 | 7,087,000 | 14,870,000 |
| Net interest income | 24,192,000 | 48,759,000 | 77,991,000 | 106,671,000 |
| Noninterest income | 14,360,000 | 24,244,000 | 32,164,000 | 37,465,000 |
| Noninterest expense | 22,148,000 | 46,810,000 | 75,458,000 | 101,766,000 |
| Provision for loan losses | 2,500,000 | 9,994,000 | 13,894,000 | 25,687,000 |
| Pretax income | 13,904,000 | 16,446,000 | 20,955,000 | 16,870,000 |
| Income tax | 3,500,000 | 4,070,000 | 5,078,000 | 4,016,000 |
| Net income | 10,740,000 | 12,713,000 | 16,215,000 | 13,192,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 275,405,000 | 267,463,000 | 271,227,000 | 268,545,000 |
| Total capital | 288,450,000 | 285,737,000 | 293,113,000 | 301,097,000 |
| Risk-weighted assets | 2,170,146,000 | 2,356,571,000 | 2,371,299,000 | 2,754,718,000 |