Call reports 2003
LAKE RIDGE BANK — 2003
What LAKE RIDGE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 361,232,000 | 384,874,000 | 375,674,000 | 388,709,000 |
| Total loans | 244,766,000 | 252,942,000 | 276,862,000 | 297,448,000 |
| Allowance for loan losses | 3,288,000 | 2,983,000 | 3,068,000 | 3,050,000 |
| Securities available for sale | 41,777,000 | 39,948,000 | 35,687,000 | 29,497,000 |
| Securities held to maturity | 21,854,000 | 22,538,000 | 24,171,000 | 24,032,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 316,437,000 | 338,517,000 | 324,744,000 | 322,686,000 |
| Interest-bearing deposits | 273,128,000 | 273,843,000 | 281,367,000 | 277,238,000 |
| Noninterest-bearing deposits | 43,310,000 | 64,674,000 | 43,377,000 | 45,448,000 |
| Equity capital | 29,117,000 | 30,114,000 | 30,532,000 | 30,733,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 4,844,000 | 9,805,000 | 14,799,000 | 20,080,000 |
| Interest expense | 1,725,000 | 3,411,000 | 5,076,000 | 6,579,000 |
| Net interest income | 3,119,000 | 6,394,000 | 9,723,000 | 13,501,000 |
| Noninterest income | 2,587,000 | 5,161,000 | 6,906,000 | 8,269,000 |
| Noninterest expense | 3,851,000 | 7,489,000 | 11,213,000 | 14,850,000 |
| Provision for loan losses | 250,000 | 500,000 | 750,000 | 1,380,000 |
| Pretax income | 1,605,000 | 3,566,000 | 4,660,000 | 5,545,000 |
| Income tax | 446,000 | 923,000 | 995,000 | 959,000 |
| Net income | 1,159,000 | 2,643,000 | 3,665,000 | 4,586,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,251,000 | 28,293,000 | 28,893,000 | 29,187,000 |
| Total capital | 30,539,000 | 31,276,000 | 31,961,000 | 32,237,000 |
| Risk-weighted assets | 274,994,000 | 285,252,000 | 300,504,000 | 309,927,000 |