BLUE RIDGE BANCSHARES, INC.  CONSOLIDATED STATEMENTS OF INCOME  December 31,2012 and 2011  The Notes to the Consolidated Financial Statements are  an integral part of these statements. 4 INTEREST INCOME  Interest and fees on loans held for investment  Interest and fees on loans held for sale  Interest on federal funds sold  Interest and dividends on taxable investment securities  Interest and dividends on nontaxable investment securities  Total Interest Income  INTEREST EXPENSE  Interest on savings and interest bearing demand deposits  Interest on time deposits  Interest on borrowed funds  Total Interest Expense  Net Interest Income  PROVISION FOR LOAN LOSSES  Net Interest Income after Provision for Loan Losses  OTHER INCOME  Service charges on deposit accounts  Eamings on investment in life insurance  Securities gains  Other than temporary impairment losses  Loss on disposal of assets  Other noninterest income  Total Other Income  OTHER EXPENSES  Salaries and employee benefits  Occupancy and equipment expenses  Data processing  Audits and examinations  Advertising expense  Directors fees  Debit card expenses  Deposit assessments  Loss on other real estate owned  Other noninterest expense  Total Other Expenses  Income before Income Taxes  INCOME TAX EXPENSE (Note 14)  Net Income  Dividends to Preferred Stockholders  Net Income Available to Common Stockholders  Eamings per Share  Weighted Average Shares Outstanding  2012  $ 6,667,519 $  219,864  3,477  1,088,945  301,336  8,281,141  143,023  1,121,925  512,142  1,777,090  6,504,051  670,000  5,834,051  315,926  71,500  30,437  (102,802)  (112,561)  420,510  623,010  2,036,776  495,673  311,264  123,547  141,106  109,800  107,543  130,837  65,655  855,686  4,377,887  2,079,174  562,812  1,516,362  (197,420)  $ 1,318,942 $  $ 1.40 $  941,939  2011  5,773,166  246,397  5,363  510,463  231,274  6,766,663  206,673  1,000,972  550,480  1,758,125  5,008,538  325,000  4,683,538  310,101  73,300  66,445  (150,000)  - 295,474  595,320  1,650,095  370,997  311,173  72,931  65,500  98,350  109,723  109,426  87,036  898,894  3,774,125  1,504,733  346,236  1,158,497  (83,125)  1,075,372  1.14  941,586 