Call reports 2022
CROSS RIVER BANK — 2022
What CROSS RIVER BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 8,883,065,000 | 8,550,107,000 | 8,860,186,000 | 9,135,117,000 |
| Total loans | 7,202,526,000 | 7,219,995,000 | 6,999,936,000 | 7,249,066,000 |
| Allowance for loan losses | 48,686,000 | 56,334,000 | 71,208,000 | 80,529,000 |
| Securities available for sale | 90,581,000 | 96,627,000 | 86,350,000 | 78,137,000 |
| Securities held to maturity | 63,272,000 | 173,950,000 | 208,169,000 | 211,285,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,507,771,000 | 4,627,093,000 | 5,095,471,000 | 5,719,757,000 |
| Interest-bearing deposits | 2,688,355,000 | 3,175,466,000 | 3,752,448,000 | 4,503,328,000 |
| Noninterest-bearing deposits | 1,819,416,000 | 1,451,627,000 | 1,343,023,000 | 1,216,430,000 |
| Equity capital | 784,161,000 | 811,606,000 | 1,076,417,000 | 1,049,520,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 139,747,000 | 275,506,000 | 423,662,000 | 583,788,000 |
| Interest expense | 8,607,000 | 19,127,000 | 39,404,000 | 74,222,000 |
| Net interest income | 131,140,000 | 256,379,000 | 384,258,000 | 509,566,000 |
| Noninterest income | 29,002,000 | 30,797,000 | 37,204,000 | -19,948,000 |
| Noninterest expense | 71,531,000 | 145,711,000 | 229,767,000 | 313,486,000 |
| Provision for loan losses | 1,749,000 | 13,730,000 | 42,867,000 | 63,553,000 |
| Pretax income | 85,333,000 | 126,234,000 | 147,932,000 | 110,534,000 |
| Income tax | 23,496,000 | 33,820,000 | 39,786,000 | 30,507,000 |
| Net income | 61,837,000 | 92,414,000 | 108,146,000 | 80,027,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 787,144,000 | 817,721,000 | 1,083,454,000 | 1,050,380,000 |