BlueRidge Bank

BlueRidge Bank is headquartered in Frederick and is the 60^th largest bank in the state of Maryland. It is also the 3,818^st largest bank in the nation. It was established in 2008 and as of December of 2011, it had grown to 23 employees at 1 location. BlueRidge Bank has a 4-star health rating.

Data for Q4 2011

Institution Statistics BlueRidge Bank FDIC Certificate # 58756 BankRate Report View Year Established 2008 Employees 23 Primary Regulator FDIC Assets and Liabilities Assets $152.28 million Loans $100.53 million Deposits $138.17 million Equity Capital $13.92 million Loan Loss Allowance $1.74 million Unbacked Noncurrent Loans $1.50 million Historic Data - December 2010 Assets $125.73 million Equity Capital $13.40 million Loan Loss Allowance $1.43 million Unbacked Noncurrent Loans $1.48 million Profit Margin - Quarterly Net Interest Margin 2.98% Return on Assets 0.02% Return on Equity 0.22% Interest Income $5.66 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 BlueRidge Bank had $1.5 million in non-current loans and owned real-estate with $15.66 million in equity and loan loss allowances on hand to cover it. This gives BlueRidge Bank a Texas Ratio of 9.60% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for BlueRidge Bank held steady from 9.99% as of December 31, 2010 to 9.60% as of December 31, 2011, resulting in a positive change of 3.92%.This indicates that the balance sheet and financial strength for BlueRidge Bank has held steady in recent periods. Deposit Growth In the past year, BlueRidge Bank has increased its total deposits by $25.99 million, resulting in 23.17% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth BlueRidge Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. BlueRidge Bank has $152.28 million in assets with $15.66 million in equity, resulting in a capitalization level of 10.28%, which is above average.

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