Was the Balrog drawn by the ring?

[Inziladun]

Originally Posted by Tar-Jêx

I believe the Balrogs are maia, and therefore would not be influenced by the ring.
Durin's Bane would have most likely been stirred up by the commotion caused by the Fellowship and goblins, and possibly Gandalf's use of magic.

You'd think though that Gandalf had probably used 'magic on his earlier time in Moria, at least with staff-lighting. Yet it seems the Balrog at that time was either afraid, disinterested, or unaware that an intruder was about.