Call reports 2016
LAKE RIDGE BANK — 2016
What LAKE RIDGE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 809,006,000 | 799,666,000 | 834,407,000 | 877,649,000 |
| Total loans | 552,295,000 | 579,289,000 | 624,008,000 | 642,229,000 |
| Allowance for loan losses | 8,472,000 | 8,433,000 | 8,440,000 | 6,106,000 |
| Securities available for sale | 79,090,000 | 83,189,000 | 79,645,000 | 79,484,000 |
| Securities held to maturity | 66,548,000 | 64,640,000 | 63,909,000 | 63,151,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 682,025,000 | 660,477,000 | 676,380,000 | 755,520,000 |
| Interest-bearing deposits | 562,895,000 | 532,292,000 | 544,150,000 | 575,154,000 |
| Noninterest-bearing deposits | 119,130,000 | 128,185,000 | 132,230,000 | 180,366,000 |
| Equity capital | 95,111,000 | 96,808,000 | 97,883,000 | 98,110,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 6,807,000 | 13,850,000 | 21,054,000 | 28,436,000 |
| Interest expense | 573,000 | 1,166,000 | 1,803,000 | 2,499,000 |
| Net interest income | 6,234,000 | 12,684,000 | 19,251,000 | 25,937,000 |
| Noninterest income | 1,754,000 | 4,019,000 | 6,276,000 | 8,246,000 |
| Noninterest expense | 5,818,000 | 11,831,000 | 17,952,000 | 24,467,000 |
| Provision for loan losses | 0 | 0 | 0 | -2,350,000 |
| Pretax income | 2,170,000 | 4,872,000 | 7,575,000 | 12,066,000 |
| Income tax | 727,000 | 1,632,000 | 2,538,000 | 4,235,000 |
| Net income | 1,443,000 | 3,240,000 | 5,037,000 | 7,831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,679,000 | 89,900,000 | 91,104,000 | 92,799,000 |
| Total capital | 96,243,000 | 97,972,000 | 99,544,000 | 98,905,000 |
| Risk-weighted assets | 604,179,000 | 645,362,000 | 699,599,000 | 710,601,000 |