Call reports 2007
LAKE RIDGE BANK — 2007
What LAKE RIDGE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 628,082,000 | 622,008,000 | 621,156,000 | 643,811,000 |
| Total loans | 473,300,000 | 472,793,000 | 476,687,000 | 483,399,000 |
| Allowance for loan losses | 4,062,000 | 4,207,000 | 4,016,000 | 4,000,000 |
| Securities available for sale | 46,484,000 | 32,405,000 | 33,563,000 | 35,783,000 |
| Securities held to maturity | 29,563,000 | 44,173,000 | 43,953,000 | 42,914,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 528,838,000 | 521,474,000 | 521,204,000 | 541,455,000 |
| Interest-bearing deposits | 484,658,000 | 489,464,000 | 494,238,000 | 470,239,000 |
| Noninterest-bearing deposits | 44,179,000 | 32,010,000 | 26,966,000 | 71,216,000 |
| Equity capital | 53,281,000 | 53,680,000 | 55,744,000 | 56,911,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 9,599,000 | 19,416,000 | 29,452,000 | 39,571,000 |
| Interest expense | 5,069,000 | 10,113,000 | 15,253,000 | 20,374,000 |
| Net interest income | 4,530,000 | 9,303,000 | 14,199,000 | 19,197,000 |
| Noninterest income | 1,621,000 | 3,202,000 | 5,114,000 | 6,542,000 |
| Noninterest expense | 4,971,000 | 9,528,000 | 14,087,000 | 18,182,000 |
| Provision for loan losses | 195,000 | 330,000 | 325,000 | 361,000 |
| Pretax income | 958,000 | 2,620,000 | 4,874,000 | 7,169,000 |
| Income tax | 86,000 | 482,000 | 1,059,000 | 1,695,000 |
| Net income | 872,000 | 2,138,000 | 3,815,000 | 5,474,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,427,000 | 47,146,000 | 48,889,000 | 49,892,000 |
| Total capital | 50,489,000 | 51,353,000 | 52,905,000 | 53,892,000 |
| Risk-weighted assets | 494,548,000 | 492,235,000 | 493,991,000 | 504,897,000 |