Call reports 2024
BLUE RIDGE BANK, NATIONAL ASSOCIATION — 2024
What BLUE RIDGE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 3,049,148,000 | 2,913,225,000 | 2,924,254,000 | 2,721,949,000 |
| Total loans | 2,428,992,000 | 2,313,656,000 | 2,202,495,000 | 2,142,773,000 |
| Allowance for loan losses | 35,025,000 | 28,036,000 | 25,453,000 | 23,023,000 |
| Securities available for sale | 314,394,000 | 307,427,000 | 314,784,000 | 312,035,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,471,273,000 | 2,373,558,000 | 2,387,593,000 | 2,220,526,000 |
| Interest-bearing deposits | 1,969,401,000 | 1,855,710,000 | 1,886,699,000 | 1,726,752,000 |
| Noninterest-bearing deposits | 501,872,000 | 517,848,000 | 500,894,000 | 493,774,000 |
| Equity capital | 196,155,000 | 305,085,000 | 316,449,000 | 307,241,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 42,530,000 | 83,160,000 | 122,386,000 | 160,320,000 |
| Interest expense | 21,622,000 | 41,616,000 | 61,174,000 | 79,245,000 |
| Net interest income | 20,908,000 | 41,544,000 | 61,212,000 | 81,075,000 |
| Noninterest income | 7,361,000 | 15,734,000 | 17,656,000 | 19,851,000 |
| Noninterest expense | 31,650,000 | 60,413,000 | 86,141,000 | 110,826,000 |
| Provision for loan losses | 0 | 3,600,000 | -2,400,000 | -2,900,000 |
| Pretax income | -2,416,000 | -5,309,000 | -3,236,000 | -4,786,000 |
| Income tax | -221,000 | 1,086,000 | 1,796,000 | 1,474,000 |
| Net income | -2,195,000 | -6,395,000 | -5,032,000 | -6,260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 237,584,000 | 343,744,000 | 346,545,000 | 340,386,000 |
| Total capital | 268,988,000 | 367,696,000 | 367,736,000 | 358,848,000 |
| Risk-weighted assets | 2,559,404,000 | 2,423,045,000 | 2,210,481,000 | 2,078,669,000 |