Call reports 2013
LAKE RIDGE BANK — 2013
What LAKE RIDGE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 771,951,000 | 780,100,000 | 777,934,000 | 755,840,000 |
| Total loans | 511,099,000 | 504,651,000 | 492,799,000 | 487,029,000 |
| Allowance for loan losses | 14,992,000 | 12,887,000 | 11,680,000 | 9,750,000 |
| Securities available for sale | 66,570,000 | 77,608,000 | 100,231,000 | 106,574,000 |
| Securities held to maturity | 62,237,000 | 61,792,000 | 66,598,000 | 65,593,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 659,104,000 | 665,516,000 | 665,149,000 | 645,677,000 |
| Interest-bearing deposits | 560,608,000 | 563,116,000 | 559,339,000 | 545,576,000 |
| Noninterest-bearing deposits | 98,497,000 | 102,400,000 | 105,810,000 | 100,100,000 |
| Equity capital | 83,620,000 | 83,668,000 | 83,384,000 | 84,706,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 7,070,000 | 13,717,000 | 20,480,000 | 27,160,000 |
| Interest expense | 859,000 | 1,667,000 | 2,384,000 | 3,033,000 |
| Net interest income | 6,211,000 | 12,050,000 | 18,096,000 | 24,127,000 |
| Noninterest income | 2,063,000 | 3,933,000 | 5,346,000 | 7,075,000 |
| Noninterest expense | 5,856,000 | 11,192,000 | 16,361,000 | 21,806,000 |
| Provision for loan losses | 2,075,000 | 3,310,000 | 4,568,000 | 4,800,000 |
| Pretax income | 636,000 | 1,774,000 | 2,806,000 | 4,979,000 |
| Income tax | 106,000 | 339,000 | 568,000 | 1,242,000 |
| Net income | 530,000 | 1,435,000 | 2,238,000 | 3,737,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,832,000 | 77,776,000 | 78,622,000 | 77,103,000 |
| Total capital | 83,755,000 | 84,691,000 | 85,517,000 | 83,883,000 |
| Risk-weighted assets | 545,798,000 | 547,244,000 | 546,792,000 | 539,445,000 |