Call reports 2021
CROSS RIVER BANK — 2021
What CROSS RIVER BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 13,527,764,000 | 14,323,105,000 | 11,469,731,000 | 9,157,125,000 |
| Total loans | 12,437,099,000 | 13,464,440,000 | 10,119,119,000 | 8,066,786,000 |
| Allowance for loan losses | 39,116,000 | 33,135,000 | 40,140,000 | 42,120,000 |
| Securities available for sale | 47,724,000 | 67,992,000 | 72,365,000 | 76,288,000 |
| Securities held to maturity | 3,000,000 | 3,000,000 | 7,459,000 | 57,931,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,729,831,000 | 3,477,359,000 | 3,668,609,000 | 3,930,696,000 |
| Interest-bearing deposits | 3,980,950,000 | 2,616,583,000 | 2,624,658,000 | 2,683,881,000 |
| Noninterest-bearing deposits | 748,880,000 | 860,777,000 | 1,043,951,000 | 1,246,815,000 |
| Equity capital | 440,875,000 | 527,469,000 | 629,659,000 | 730,526,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 119,663,000 | 275,139,000 | 517,772,000 | 678,854,000 |
| Interest expense | 17,188,000 | 33,408,000 | 47,541,000 | 58,520,000 |
| Net interest income | 102,475,000 | 241,731,000 | 470,231,000 | 620,334,000 |
| Noninterest income | 15,554,000 | 45,925,000 | 76,681,000 | 109,962,000 |
| Noninterest expense | 44,658,000 | 97,834,000 | 176,212,000 | 254,228,000 |
| Provision for loan losses | -4,745,000 | -4,146,000 | 5,524,000 | 10,677,000 |
| Pretax income | 78,261,000 | 194,182,000 | 365,390,000 | 465,605,000 |
| Income tax | 20,118,000 | 49,903,000 | 93,818,000 | 93,640,000 |
| Net income | 58,143,000 | 144,279,000 | 271,572,000 | 371,965,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 440,282,000 | 526,337,000 | 630,866,000 | 730,944,000 |
| Total capital | 471,988,000 | 558,015,000 | 667,176,000 | 772,379,000 |
| Risk-weighted assets | 2,528,451,000 | 2,531,616,000 | 2,899,664,000 | 3,311,202,000 |