Call reports 2018
LAKE RIDGE BANK — 2018
What LAKE RIDGE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 932,111,000 | 963,629,000 | 977,433,000 | 987,936,000 |
| Total loans | 734,788,000 | 765,986,000 | 788,172,000 | 797,569,000 |
| Allowance for loan losses | 5,840,000 | 5,832,000 | 6,029,000 | 7,082,000 |
| Securities available for sale | 132,534,000 | 128,827,000 | 122,214,000 | 113,364,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 802,881,000 | 791,927,000 | 801,919,000 | 803,667,000 |
| Interest-bearing deposits | 657,216,000 | 642,225,000 | 650,646,000 | 645,987,000 |
| Noninterest-bearing deposits | 145,666,000 | 149,703,000 | 151,273,000 | 157,681,000 |
| Equity capital | 104,026,000 | 105,587,000 | 106,702,000 | 111,326,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 8,527,000 | 17,603,000 | 27,150,000 | 37,447,000 |
| Interest expense | 1,094,000 | 2,401,000 | 3,951,000 | 5,686,000 |
| Net interest income | 7,433,000 | 15,202,000 | 23,199,000 | 31,761,000 |
| Noninterest income | 2,006,000 | 4,144,000 | 6,415,000 | 10,985,000 |
| Noninterest expense | 6,255,000 | 12,856,000 | 19,437,000 | 25,762,000 |
| Provision for loan losses | 0 | 0 | 300,000 | 1,000,000 |
| Pretax income | 3,176,000 | 6,482,000 | 9,869,000 | 16,006,000 |
| Income tax | 790,000 | 1,616,000 | 2,456,000 | 4,057,000 |
| Net income | 2,386,000 | 4,866,000 | 7,413,000 | 11,949,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,796,000 | 101,466,000 | 103,089,000 | 106,778,000 |
| Total capital | 105,636,000 | 107,297,000 | 109,118,000 | 113,860,000 |
| Risk-weighted assets | 818,350,000 | 845,768,000 | 879,935,000 | 878,500,000 |