Call reports 2022
LAKE RIDGE BANK — 2022
What LAKE RIDGE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,624,603,000 | 1,601,465,000 | 1,631,900,000 | 1,648,757,000 |
| Total loans | 1,183,968,000 | 1,214,673,000 | 1,223,041,000 | 1,265,556,000 |
| Allowance for loan losses | 13,509,000 | 13,941,000 | 13,918,000 | 13,589,000 |
| Securities available for sale | 263,780,000 | 257,920,000 | 257,501,000 | 258,015,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,451,639,000 | 1,430,190,000 | 1,457,194,000 | 1,434,283,000 |
| Interest-bearing deposits | 1,049,300,000 | 1,010,286,000 | 1,021,850,000 | 1,038,784,000 |
| Noninterest-bearing deposits | 402,339,000 | 419,904,000 | 435,344,000 | 395,499,000 |
| Equity capital | 164,105,000 | 158,005,000 | 153,346,000 | 163,116,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 13,438,000 | 27,769,000 | 43,519,000 | 60,414,000 |
| Interest expense | 705,000 | 1,553,000 | 3,350,000 | 6,712,000 |
| Net interest income | 12,733,000 | 26,216,000 | 40,169,000 | 53,702,000 |
| Noninterest income | 3,657,000 | 7,158,000 | 10,783,000 | 16,302,000 |
| Noninterest expense | 9,691,000 | 19,540,000 | 29,604,000 | 40,792,000 |
| Provision for loan losses | 0 | 0 | 0 | 1,000,000 |
| Pretax income | 6,676,000 | 13,795,000 | 21,290,000 | 28,155,000 |
| Income tax | 1,660,000 | 3,430,000 | 5,278,000 | 6,958,000 |
| Net income | 5,016,000 | 10,365,000 | 16,012,000 | 21,197,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 160,679,000 | 164,487,000 | 168,603,000 | 173,956,000 |
| Total capital | 174,188,000 | 178,428,000 | 182,521,000 | 187,545,000 |
| Risk-weighted assets | 1,367,994,000 | 1,404,881,000 | 1,412,113,000 | 1,466,775,000 |