Call reports 2010
LAKE RIDGE BANK — 2010
What LAKE RIDGE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 726,107,000 | 775,232,000 | 778,219,000 | 797,723,000 |
| Total loans | 566,900,000 | 602,676,000 | 615,042,000 | 609,528,000 |
| Allowance for loan losses | 6,903,000 | 7,232,000 | 7,593,000 | 10,135,000 |
| Securities available for sale | 36,967,000 | 42,640,000 | 38,815,000 | 37,674,000 |
| Securities held to maturity | 50,122,000 | 52,350,000 | 52,854,000 | 53,112,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 606,388,000 | 656,793,000 | 662,721,000 | 685,701,000 |
| Interest-bearing deposits | 547,139,000 | 588,145,000 | 590,457,000 | 610,170,000 |
| Noninterest-bearing deposits | 59,249,000 | 68,648,000 | 72,264,000 | 75,531,000 |
| Equity capital | 66,855,000 | 68,227,000 | 69,491,000 | 71,704,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 9,032,000 | 18,628,000 | 28,744,000 | 38,469,000 |
| Interest expense | 2,703,000 | 5,369,000 | 7,951,000 | 10,303,000 |
| Net interest income | 6,329,000 | 13,259,000 | 20,793,000 | 28,166,000 |
| Noninterest income | 1,339,000 | 2,889,000 | 5,005,000 | 7,517,000 |
| Noninterest expense | 5,500,000 | 10,844,000 | 16,419,000 | 22,590,000 |
| Provision for loan losses | 750,000 | 1,608,000 | 2,758,000 | 6,760,000 |
| Pretax income | 1,418,000 | 3,696,000 | 6,621,000 | 6,333,000 |
| Income tax | 380,000 | 1,092,000 | 2,070,000 | 1,776,000 |
| Net income | 1,038,000 | 2,604,000 | 4,551,000 | 4,557,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,064,000 | 60,368,000 | 61,621,000 | 64,113,000 |
| Total capital | 65,967,000 | 67,600,000 | 69,204,000 | 72,085,000 |
| Risk-weighted assets | 567,600,000 | 601,783,000 | 606,652,000 | 635,630,000 |