Call reports 2019
CROSS RIVER BANK — 2019
What CROSS RIVER BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,502,353,000 | 1,914,771,000 | 2,000,007,000 | 2,060,327,000 |
| Total loans | 1,239,438,000 | 1,410,652,000 | 1,663,299,000 | 1,694,914,000 |
| Allowance for loan losses | 22,350,000 | 28,700,000 | 35,980,000 | 36,800,000 |
| Securities available for sale | 18,182,000 | 24,930,000 | 15,384,000 | 7,961,000 |
| Securities held to maturity | 0 | 0 | 2,000,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,152,414,000 | 1,569,016,000 | 1,504,025,000 | 1,618,307,000 |
| Interest-bearing deposits | 723,863,000 | 859,819,000 | 988,992,000 | 1,198,866,000 |
| Noninterest-bearing deposits | 428,551,000 | 709,197,000 | 515,033,000 | 419,441,000 |
| Equity capital | 215,046,000 | 224,898,000 | 235,059,000 | 250,992,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 29,972,000 | 66,718,000 | 108,306,000 | 160,569,000 |
| Interest expense | 4,573,000 | 10,736,000 | 17,728,000 | 26,143,000 |
| Net interest income | 25,399,000 | 55,982,000 | 90,578,000 | 134,426,000 |
| Noninterest income | 7,347,000 | 16,203,000 | 26,027,000 | 40,724,000 |
| Noninterest expense | 15,143,000 | 31,109,000 | 49,601,000 | 79,195,000 |
| Provision for loan losses | 8,095,000 | 18,713,000 | 31,357,000 | 38,735,000 |
| Pretax income | 9,508,000 | 22,363,000 | 35,971,000 | 57,544,000 |
| Income tax | 2,313,000 | 5,595,000 | 9,073,000 | 14,710,000 |
| Net income | 7,195,000 | 16,768,000 | 26,898,000 | 42,834,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 215,116,000 | 224,850,000 | 234,968,000 | 250,906,000 |
| Total capital | 229,041,000 | 241,046,000 | 254,058,000 | 269,431,000 |
| Risk-weighted assets | 1,105,496,000 | 1,282,925,000 | 1,509,917,000 | 1,463,460,000 |