Call reports 2014
LAKE RIDGE BANK — 2014
What LAKE RIDGE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 756,911,000 | 777,286,000 | 742,428,000 | 758,588,000 |
| Total loans | 484,962,000 | 512,424,000 | 515,546,000 | 524,226,000 |
| Allowance for loan losses | 10,134,000 | 9,850,000 | 9,610,000 | 9,152,000 |
| Securities available for sale | 108,315,000 | 109,670,000 | 80,146,000 | 70,405,000 |
| Securities held to maturity | 64,378,000 | 63,527,000 | 62,884,000 | 70,400,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 645,821,000 | 647,642,000 | 626,344,000 | 643,458,000 |
| Interest-bearing deposits | 540,084,000 | 529,319,000 | 514,547,000 | 524,007,000 |
| Noninterest-bearing deposits | 105,737,000 | 118,323,000 | 111,797,000 | 119,450,000 |
| Equity capital | 86,378,000 | 88,414,000 | 89,644,000 | 89,711,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 6,484,000 | 13,053,000 | 19,573,000 | 26,011,000 |
| Interest expense | 576,000 | 1,099,000 | 1,590,000 | 2,079,000 |
| Net interest income | 5,908,000 | 11,954,000 | 17,983,000 | 23,932,000 |
| Noninterest income | 1,654,000 | 3,190,000 | 4,838,000 | 6,459,000 |
| Noninterest expense | 5,430,000 | 10,679,000 | 16,001,000 | 21,715,000 |
| Provision for loan losses | 580,000 | 1,005,000 | 1,105,000 | 1,105,000 |
| Pretax income | 1,552,000 | 3,472,000 | 6,088,000 | 8,100,000 |
| Income tax | 551,000 | 1,331,000 | 2,390,000 | 3,139,000 |
| Net income | 1,001,000 | 2,141,000 | 3,698,000 | 4,961,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 79,927,000 | 78,895,000 | 80,889,000 | 80,880,000 |
| Total capital | 86,740,000 | 86,022,000 | 87,974,000 | 88,117,000 |
| Risk-weighted assets | 541,713,000 | 567,439,000 | 564,255,000 | 577,032,000 |