Call reports 2011
LAKE RIDGE BANK — 2011
What LAKE RIDGE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 775,486,000 | 786,721,000 | 785,058,000 | 796,354,000 |
| Total loans | 605,465,000 | 601,161,000 | 591,510,000 | 599,669,000 |
| Allowance for loan losses | 10,258,000 | 12,738,000 | 12,472,000 | 17,057,000 |
| Securities available for sale | 39,874,000 | 42,162,000 | 42,997,000 | 46,804,000 |
| Securities held to maturity | 51,239,000 | 50,786,000 | 50,390,000 | 51,004,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 665,955,000 | 679,143,000 | 679,209,000 | 698,351,000 |
| Interest-bearing deposits | 597,676,000 | 602,221,000 | 594,415,000 | 617,433,000 |
| Noninterest-bearing deposits | 68,279,000 | 76,921,000 | 84,794,000 | 80,919,000 |
| Equity capital | 71,747,000 | 71,807,000 | 72,097,000 | 70,208,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 9,364,000 | 19,017,000 | 28,525,000 | 36,882,000 |
| Interest expense | 2,031,000 | 3,942,000 | 5,617,000 | 7,022,000 |
| Net interest income | 7,333,000 | 15,075,000 | 22,908,000 | 29,860,000 |
| Noninterest income | 1,753,000 | 2,925,000 | 4,508,000 | 6,143,000 |
| Noninterest expense | 5,822,000 | 11,600,000 | 17,189,000 | 21,867,000 |
| Provision for loan losses | 2,000,000 | 5,100,000 | 7,050,000 | 13,489,000 |
| Pretax income | 1,255,000 | 1,291,000 | 3,168,000 | 473,000 |
| Income tax | 333,000 | 184,000 | 760,000 | -453,000 |
| Net income | 922,000 | 1,107,000 | 2,408,000 | 926,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,248,000 | 64,100,000 | 64,474,000 | 62,201,000 |
| Total capital | 72,214,000 | 72,030,000 | 72,325,000 | 70,104,000 |
| Risk-weighted assets | 634,948,000 | 629,566,000 | 623,465,000 | 623,051,000 |