Call reports 2013
CROSS RIVER BANK — 2013
What CROSS RIVER BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 219,493,000 | 224,561,000 | 222,672,000 | 251,705,000 |
| Total loans | 145,021,000 | 126,131,000 | 146,192,000 | 161,209,000 |
| Allowance for loan losses | 1,543,000 | 1,399,000 | 1,653,000 | 1,791,000 |
| Securities available for sale | 48,593,000 | 47,811,000 | 49,790,000 | 37,927,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,991,000 | 163,783,000 | 160,850,000 | 189,106,000 |
| Interest-bearing deposits | 157,348,000 | 146,931,000 | 141,599,000 | 163,006,000 |
| Noninterest-bearing deposits | 11,643,000 | 16,852,000 | 19,250,000 | 26,100,000 |
| Equity capital | 23,834,000 | 24,498,000 | 25,048,000 | 25,356,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,352,000 | 4,900,000 | 7,474,000 | 10,096,000 |
| Interest expense | 618,000 | 1,233,000 | 1,805,000 | 2,383,000 |
| Net interest income | 1,734,000 | 3,667,000 | 5,669,000 | 7,713,000 |
| Noninterest income | 737,000 | 2,749,000 | 3,755,000 | 4,671,000 |
| Noninterest expense | 1,920,000 | 4,162,000 | 6,190,000 | 8,372,000 |
| Provision for loan losses | 53,000 | -90,000 | 164,000 | 301,000 |
| Pretax income | 515,000 | 2,361,000 | 3,087,000 | 3,747,000 |
| Income tax | 205,000 | 886,000 | 958,000 | 1,180,000 |
| Net income | 310,000 | 1,475,000 | 2,129,000 | 2,567,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,152,000 | 24,015,000 | 24,434,000 | 24,828,000 |
| Total capital | 24,695,000 | 25,414,000 | 26,087,000 | 26,619,000 |
| Risk-weighted assets | 141,295,000 | 144,182,000 | 157,999,000 | 176,365,000 |