Call reports 2002
RIVERS EDGE BANK — 2002
What RIVERS EDGE BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 56,212,000 | 58,316,000 | 48,497,000 | 49,856,000 |
| Total loans | 33,243,000 | 33,086,000 | 32,380,000 | 31,146,000 |
| Allowance for loan losses | 486,000 | 432,000 | 438,000 | 369,000 |
| Securities available for sale | 13,153,000 | 13,130,000 | 4,150,000 | 6,346,000 |
| Securities held to maturity | 2,383,000 | 2,112,000 | 2,040,000 | 1,326,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,876,000 | 51,979,000 | 41,359,000 | 43,994,000 |
| Interest-bearing deposits | 34,290,000 | 34,839,000 | 34,702,000 | 35,027,000 |
| Noninterest-bearing deposits | 14,586,000 | 17,140,000 | 6,657,000 | 8,967,000 |
| Equity capital | 4,248,000 | 4,370,000 | 4,433,000 | 4,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 884,000 | 1,803,000 | 2,641,000 | 3,388,000 |
| Interest expense | 332,000 | 685,000 | 949,000 | 1,179,000 |
| Net interest income | 552,000 | 1,118,000 | 1,692,000 | 2,209,000 |
| Noninterest income | 77,000 | 159,000 | 341,000 | 420,000 |
| Noninterest expense | 486,000 | 961,000 | 1,595,000 | 2,220,000 |
| Provision for loan losses | 5,000 | 9,000 | 14,000 | 21,000 |
| Pretax income | 138,000 | 312,000 | 508,000 | 482,000 |
| Income tax | 52,000 | 117,000 | 196,000 | 112,000 |
| Net income | 86,000 | 195,000 | 312,000 | 370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,872,000 | 3,910,000 | 3,925,000 | 3,933,000 |
| Total capital | 4,358,000 | 4,342,000 | 4,363,000 | 4,302,000 |
| Risk-weighted assets | 40,366,000 | 40,509,000 | 38,323,000 | 37,919,000 |