Call reports 2014
CROSS RIVER BANK — 2014
What CROSS RIVER BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 265,200,000 | 256,153,000 | 295,163,000 | 320,101,000 |
| Total loans | 179,976,000 | 195,844,000 | 217,947,000 | 241,561,000 |
| Allowance for loan losses | 1,942,000 | 1,992,000 | 2,187,000 | 2,562,000 |
| Securities available for sale | 36,219,000 | 34,115,000 | 30,835,000 | 20,415,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,090,000 | 188,070,000 | 223,155,000 | 232,534,000 |
| Interest-bearing deposits | 172,407,000 | 159,895,000 | 186,264,000 | 188,981,000 |
| Noninterest-bearing deposits | 29,683,000 | 28,175,000 | 36,891,000 | 43,553,000 |
| Equity capital | 26,371,000 | 27,708,000 | 29,304,000 | 31,563,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,048,000 | 6,270,000 | 9,771,000 | 13,694,000 |
| Interest expense | 657,000 | 1,280,000 | 1,893,000 | 2,534,000 |
| Net interest income | 2,391,000 | 4,990,000 | 7,878,000 | 11,160,000 |
| Noninterest income | 841,000 | 2,799,000 | 5,775,000 | 8,929,000 |
| Noninterest expense | 2,088,000 | 4,561,000 | 7,323,000 | 11,478,000 |
| Provision for loan losses | 150,000 | 201,000 | 396,000 | 771,000 |
| Pretax income | 994,000 | 3,027,000 | 5,934,000 | 8,035,000 |
| Income tax | 334,000 | 1,044,000 | 2,074,000 | 2,691,000 |
| Net income | 660,000 | 1,983,000 | 3,860,000 | 5,344,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,490,000 | 26,814,000 | 28,760,000 | 30,660,000 |
| Total capital | 27,432,000 | 28,806,000 | 30,947,000 | 33,222,000 |
| Risk-weighted assets | 190,555,000 | 200,821,000 | 230,372,000 | 252,306,000 |