Call reports 2017
CROSS RIVER BANK — 2017
What CROSS RIVER BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 651,744,000 | 775,033,000 | 877,298,000 | 1,372,916,000 |
| Total loans | 526,181,000 | 569,560,000 | 663,319,000 | 670,344,000 |
| Allowance for loan losses | 7,100,000 | 8,050,000 | 8,800,000 | 9,385,000 |
| Securities available for sale | 38,243,000 | 37,790,000 | 35,718,000 | 30,300,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 504,927,000 | 597,898,000 | 707,407,000 | 1,196,556,000 |
| Interest-bearing deposits | 272,736,000 | 288,651,000 | 394,909,000 | 427,063,000 |
| Noninterest-bearing deposits | 232,191,000 | 309,248,000 | 312,498,000 | 769,493,000 |
| Equity capital | 87,100,000 | 94,255,000 | 101,084,000 | 107,630,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 11,393,000 | 26,909,000 | 45,407,000 | 66,527,000 |
| Interest expense | 799,000 | 1,956,000 | 3,426,000 | 5,079,000 |
| Net interest income | 10,594,000 | 24,953,000 | 41,981,000 | 61,448,000 |
| Noninterest income | 7,005,000 | 14,118,000 | 21,777,000 | 32,418,000 |
| Noninterest expense | 6,542,000 | 14,173,000 | 23,339,000 | 35,951,000 |
| Provision for loan losses | 2,765,000 | 5,257,000 | 10,201,000 | 15,863,000 |
| Pretax income | 8,292,000 | 19,641,000 | 30,218,000 | 41,929,000 |
| Income tax | 3,092,000 | 7,358,000 | 11,093,000 | 16,288,000 |
| Net income | 5,200,000 | 12,283,000 | 19,125,000 | 25,641,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,047,000 | 94,169,000 | 101,011,000 | 107,528,000 |
| Total capital | 94,186,000 | 101,225,000 | 108,768,000 | 115,281,000 |
| Risk-weighted assets | 572,455,000 | 563,491,000 | 619,506,000 | 618,556,000 |