Call reports 2010
CROSS RIVER BANK — 2010
What CROSS RIVER BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 98,785,000 | 99,255,000 | 106,033,000 | 112,533,000 |
| Total loans | 40,496,000 | 46,768,000 | 58,695,000 | 72,344,000 |
| Allowance for loan losses | 470,000 | 553,000 | 659,000 | 774,000 |
| Securities available for sale | 21,594,000 | 27,036,000 | 31,552,000 | 22,422,000 |
| Securities held to maturity | 0 | 0 | 0 | 6,496,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,438,000 | 87,067,000 | 93,249,000 | 97,107,000 |
| Interest-bearing deposits | 84,439,000 | 83,818,000 | 87,101,000 | 92,582,000 |
| Noninterest-bearing deposits | 3,000,000 | 3,249,000 | 6,149,000 | 4,526,000 |
| Equity capital | 11,075,000 | 11,665,000 | 11,917,000 | 14,075,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,405,000 | 3,022,000 | 4,694,000 | 6,286,000 |
| Interest expense | 417,000 | 783,000 | 1,171,000 | 1,607,000 |
| Net interest income | 988,000 | 2,239,000 | 3,523,000 | 4,679,000 |
| Noninterest income | 0 | 1,000 | 30,000 | 48,000 |
| Noninterest expense | 687,000 | 1,502,000 | 2,367,000 | 3,425,000 |
| Provision for loan losses | 83,000 | 167,000 | 273,000 | 388,000 |
| Pretax income | 346,000 | 924,000 | 1,406,000 | 1,757,000 |
| Income tax | 2,000 | 2,000 | 11,000 | -297,000 |
| Net income | 344,000 | 893,000 | 1,360,000 | 2,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,864,000 | 11,291,000 | 11,741,000 | 13,619,000 |
| Total capital | 11,334,000 | 11,844,000 | 12,401,000 | 14,393,000 |
| Risk-weighted assets | 58,713,000 | 62,134,000 | 73,308,000 | 84,573,000 |