Call reports 2024
BLUE RIDGE BANK — 2024
What BLUE RIDGE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 171,798,000 | 175,086,000 | 175,738,000 | 183,362,000 |
| Total loans | 121,964,000 | 126,163,000 | 129,078,000 | 129,987,000 |
| Allowance for loan losses | 1,626,000 | 1,701,000 | 1,776,000 | 1,809,000 |
| Securities available for sale | 27,547,000 | 26,554,000 | 26,315,000 | 26,669,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,239,000 | 159,981,000 | 159,680,000 | 167,988,000 |
| Interest-bearing deposits | 73,477,000 | 73,931,000 | 75,287,000 | 77,518,000 |
| Noninterest-bearing deposits | 83,762,000 | 86,050,000 | 84,393,000 | 90,470,000 |
| Equity capital | 14,125,000 | 14,596,000 | 15,479,000 | 14,893,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,025,000 | 4,188,000 | 6,420,000 | 8,678,000 |
| Interest expense | 194,000 | 393,000 | 603,000 | 819,000 |
| Net interest income | 1,831,000 | 3,795,000 | 5,817,000 | 7,859,000 |
| Noninterest income | 172,000 | 378,000 | 610,000 | 779,000 |
| Noninterest expense | 1,605,000 | 3,301,000 | 4,857,000 | 6,717,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 323,000 | 722,000 | 1,345,000 | 1,621,000 |
| Income tax | 55,000 | 128,000 | 254,000 | 300,000 |
| Net income | 268,000 | 594,000 | 1,091,000 | 1,321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,852,000 | 16,178,000 | 16,674,000 | 16,699,000 |
| Total capital | 17,332,000 | 17,615,000 | 18,093,000 | 18,165,000 |
| Risk-weighted assets | 118,289,000 | 114,723,000 | 113,222,000 | 116,900,000 |