Call reports 2019
LAKE RIDGE BANK — 2019
What LAKE RIDGE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 998,411,000 | 1,305,470,000 | 1,317,833,000 | 1,322,152,000 |
| Total loans | 811,329,000 | 1,043,143,000 | 1,051,285,000 | 1,046,995,000 |
| Allowance for loan losses | 7,014,000 | 7,869,000 | 8,136,000 | 8,593,000 |
| Securities available for sale | 106,023,000 | 148,447,000 | 151,952,000 | 152,265,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 826,464,000 | 1,062,037,000 | 1,120,654,000 | 1,149,464,000 |
| Interest-bearing deposits | 675,973,000 | 852,046,000 | 877,453,000 | 912,076,000 |
| Noninterest-bearing deposits | 150,491,000 | 209,991,000 | 243,201,000 | 237,387,000 |
| Equity capital | 114,882,000 | 148,789,000 | 151,019,000 | 153,204,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 9,791,000 | 20,942,000 | 34,897,000 | 48,599,000 |
| Interest expense | 2,126,000 | 4,673,000 | 7,513,000 | 9,922,000 |
| Net interest income | 7,665,000 | 16,269,000 | 27,384,000 | 38,677,000 |
| Noninterest income | 2,120,000 | 4,986,000 | 8,591,000 | 11,931,000 |
| Noninterest expense | 6,465,000 | 13,905,000 | 24,549,000 | 33,747,000 |
| Provision for loan losses | 0 | 840,000 | 1,260,000 | 1,900,000 |
| Pretax income | 3,354,000 | 6,543,000 | 10,174,000 | 14,969,000 |
| Income tax | 844,000 | 1,649,000 | 2,489,000 | 3,559,000 |
| Net income | 2,510,000 | 4,894,000 | 7,685,000 | 11,410,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,293,000 | 129,315,000 | 130,938,000 | 132,461,000 |
| Total capital | 116,307,000 | 137,184,000 | 139,074,000 | 141,054,000 |
| Risk-weighted assets | 891,250,000 | 1,137,039,000 | 1,149,618,000 | 1,133,510,000 |