Call reports 2024
CROSS RIVER BANK — 2024
What CROSS RIVER BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 8,906,639,000 | 8,815,206,000 | 8,437,074,000 | 8,267,418,000 |
| Total loans | 6,524,755,000 | 6,513,163,000 | 5,901,218,000 | 5,898,237,000 |
| Allowance for loan losses | 116,811,000 | 121,614,000 | 126,322,000 | 126,804,000 |
| Securities available for sale | 506,788,000 | 717,117,000 | 1,226,772,000 | 1,282,452,000 |
| Securities held to maturity | 410,601,000 | 388,553,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,777,032,000 | 7,024,369,000 | 6,741,808,000 | 6,233,867,000 |
| Interest-bearing deposits | 5,386,585,000 | 5,742,755,000 | 5,752,770,000 | 5,120,399,000 |
| Noninterest-bearing deposits | 1,390,447,000 | 1,281,613,000 | 989,038,000 | 1,113,468,000 |
| Equity capital | 999,686,000 | 1,006,567,000 | 1,000,281,000 | 1,024,576,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 190,183,000 | 389,220,000 | 579,618,000 | 756,574,000 |
| Interest expense | 75,575,000 | 153,175,000 | 232,669,000 | 301,665,000 |
| Net interest income | 114,608,000 | 236,045,000 | 346,949,000 | 454,909,000 |
| Noninterest income | 2,630,000 | -4,074,000 | 15,170,000 | 34,296,000 |
| Noninterest expense | 93,109,000 | 199,480,000 | 308,423,000 | 410,138,000 |
| Provision for loan losses | 18,405,000 | 32,842,000 | 45,569,000 | 54,675,000 |
| Pretax income | 2,145,000 | 13,402,000 | 32,427,000 | 48,325,000 |
| Income tax | -151,000 | 2,763,000 | 6,945,000 | 10,867,000 |
| Net income | 2,296,000 | 10,639,000 | 25,482,000 | 37,458,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,004,239,000 | 1,014,628,000 | 1,025,004,000 | 1,035,536,000 |