Call reports 2017
LAKE RIDGE BANK — 2017
What LAKE RIDGE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 904,090,000 | 899,093,000 | 913,317,000 | 935,935,000 |
| Total loans | 691,828,000 | 699,366,000 | 712,847,000 | 722,113,000 |
| Allowance for loan losses | 5,988,000 | 5,972,000 | 5,968,000 | 5,832,000 |
| Securities available for sale | 77,934,000 | 70,353,000 | 70,238,000 | 141,776,000 |
| Securities held to maturity | 62,382,000 | 58,874,000 | 60,250,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 757,719,000 | 742,332,000 | 753,908,000 | 812,014,000 |
| Interest-bearing deposits | 568,151,000 | 607,254,000 | 612,647,000 | 654,838,000 |
| Noninterest-bearing deposits | 189,568,000 | 135,078,000 | 141,261,000 | 157,175,000 |
| Equity capital | 99,534,000 | 100,886,000 | 102,274,000 | 103,462,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 7,611,000 | 15,484,000 | 23,979,000 | 33,732,000 |
| Interest expense | 718,000 | 1,589,000 | 2,572,000 | 3,574,000 |
| Net interest income | 6,893,000 | 13,895,000 | 21,407,000 | 30,158,000 |
| Noninterest income | 1,895,000 | 3,856,000 | 5,895,000 | 8,130,000 |
| Noninterest expense | 6,145,000 | 12,256,000 | 18,375,000 | 24,950,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,643,000 | 5,611,000 | 9,044,000 | 13,455,000 |
| Income tax | 925,000 | 1,984,000 | 3,228,000 | 5,369,000 |
| Net income | 1,718,000 | 3,627,000 | 5,816,000 | 8,086,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,961,000 | 95,186,000 | 96,629,000 | 98,154,000 |
| Total capital | 99,949,000 | 101,158,000 | 102,597,000 | 103,986,000 |
| Risk-weighted assets | 751,030,000 | 755,856,000 | 761,658,000 | 767,258,000 |