Call reports 2002
LAKE RIDGE BANK — 2002
What LAKE RIDGE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 248,786,000 | 254,130,000 | 375,853,000 | 373,528,000 |
| Total loans | 185,565,000 | 190,786,000 | 262,534,000 | 245,354,000 |
| Allowance for loan losses | 1,908,000 | 1,836,000 | 3,642,000 | 3,250,000 |
| Securities available for sale | 21,747,000 | 21,805,000 | 46,576,000 | 44,336,000 |
| Securities held to maturity | 20,155,000 | 20,149,000 | 21,063,000 | 21,026,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 209,444,000 | 217,649,000 | 325,778,000 | 328,370,000 |
| Interest-bearing deposits | 182,189,000 | 186,966,000 | 274,770,000 | 277,992,000 |
| Noninterest-bearing deposits | 27,255,000 | 30,683,000 | 51,007,000 | 50,379,000 |
| Equity capital | 19,355,000 | 19,995,000 | 27,895,000 | 28,474,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 4,062,000 | 8,248,000 | 13,393,000 | 18,685,000 |
| Interest expense | 1,732,000 | 3,317,000 | 5,185,000 | 7,129,000 |
| Net interest income | 2,330,000 | 4,931,000 | 8,208,000 | 11,556,000 |
| Noninterest income | 1,104,000 | 2,155,000 | 3,708,000 | 7,068,000 |
| Noninterest expense | 2,402,000 | 4,908,000 | 8,167,000 | 12,742,000 |
| Provision for loan losses | 181,000 | 397,000 | 604,000 | 1,243,000 |
| Pretax income | 851,000 | 1,784,000 | 3,148,000 | 4,642,000 |
| Income tax | 178,000 | 393,000 | 757,000 | 1,076,000 |
| Net income | 673,000 | 1,391,000 | 2,391,000 | 3,566,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,233,000 | 19,689,000 | 25,850,000 | 26,555,000 |
| Total capital | 21,141,000 | 21,525,000 | 29,432,000 | 29,805,000 |
| Risk-weighted assets | 197,992,000 | 204,959,000 | 286,489,000 | 278,175,000 |