Call reports 2023
BLUE RIDGE BANK, NATIONAL ASSOCIATION — 2023
What BLUE RIDGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 3,292,302,000 | 3,181,589,000 | 3,229,122,000 | 3,091,511,000 |
| Total loans | 2,529,311,000 | 2,518,533,000 | 2,516,010,000 | 2,477,284,000 |
| Allowance for loan losses | 35,961,000 | 38,567,000 | 49,631,000 | 35,893,000 |
| Securities available for sale | 351,990,000 | 340,617,000 | 313,930,000 | 321,081,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,763,776,000 | 2,614,545,000 | 2,777,511,000 | 2,573,043,000 |
| Interest-bearing deposits | 2,166,529,000 | 2,037,105,000 | 2,203,182,000 | 2,059,784,000 |
| Noninterest-bearing deposits | 597,247,000 | 577,440,000 | 574,329,000 | 513,259,000 |
| Equity capital | 254,526,000 | 239,441,000 | 196,388,000 | 200,908,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 40,884,000 | 83,340,000 | 125,822,000 | 168,981,000 |
| Interest expense | 15,141,000 | 33,163,000 | 52,891,000 | 73,745,000 |
| Net interest income | 25,743,000 | 50,177,000 | 72,931,000 | 95,236,000 |
| Noninterest income | 7,000,000 | 16,631,000 | 24,247,000 | 29,514,000 |
| Noninterest expense | 27,429,000 | 58,702,000 | 116,065,000 | 146,548,000 |
| Provision for loan losses | -1,109,000 | 9,504,000 | 21,103,000 | 24,703,000 |
| Pretax income | 6,824,000 | -384,000 | -39,061,000 | -44,792,000 |
| Income tax | 1,524,000 | 378,000 | -2,764,000 | -4,295,000 |
| Net income | 5,300,000 | -762,000 | -36,297,000 | -40,497,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 268,455,000 | 258,604,000 | 250,210,000 | 239,775,000 |
| Total capital | 301,021,000 | 293,176,000 | 284,407,000 | 270,293,000 |
| Risk-weighted assets | 2,807,050,000 | 2,765,164,000 | 2,724,324,000 | 2,636,589,000 |