Call reports 2018
CROSS RIVER BANK — 2018
What CROSS RIVER BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,187,572,000 | 1,069,475,000 | 1,182,547,000 | 1,388,222,000 |
| Total loans | 783,536,000 | 833,860,000 | 951,648,000 | 1,029,580,000 |
| Allowance for loan losses | 11,570,000 | 13,350,000 | 15,600,000 | 18,290,000 |
| Securities available for sale | 28,111,000 | 24,425,000 | 20,963,000 | 24,675,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 993,075,000 | 816,103,000 | 890,121,000 | 1,144,807,000 |
| Interest-bearing deposits | 431,964,000 | 362,377,000 | 467,743,000 | 517,129,000 |
| Noninterest-bearing deposits | 561,111,000 | 453,726,000 | 422,378,000 | 627,678,000 |
| Equity capital | 117,815,000 | 127,179,000 | 137,383,000 | 147,215,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 21,012,000 | 42,738,000 | 66,888,000 | 93,952,000 |
| Interest expense | 1,712,000 | 3,643,000 | 6,510,000 | 10,152,000 |
| Net interest income | 19,300,000 | 39,095,000 | 60,378,000 | 83,800,000 |
| Noninterest income | 10,448,000 | 19,123,000 | 27,424,000 | 35,586,000 |
| Noninterest expense | 11,708,000 | 23,934,000 | 36,715,000 | 51,786,000 |
| Provision for loan losses | 4,245,000 | 8,476,000 | 13,289,000 | 19,132,000 |
| Pretax income | 13,795,000 | 25,808,000 | 37,798,000 | 48,468,000 |
| Income tax | 3,555,000 | 6,233,000 | 7,948,000 | 8,772,000 |
| Net income | 10,240,000 | 19,575,000 | 29,850,000 | 39,696,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 117,767,000 | 127,102,000 | 137,377,000 | 147,314,000 |
| Total capital | 126,717,000 | 136,665,000 | 148,251,000 | 158,696,000 |
| Risk-weighted assets | 713,345,000 | 761,173,000 | 865,076,000 | 903,532,000 |