Call reports 2003
RIVERS EDGE BANK — 2003
What RIVERS EDGE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 50,352,000 | 51,294,000 | 54,754,000 | 64,217,000 |
| Total loans | 31,546,000 | 34,327,000 | 37,306,000 | 39,713,000 |
| Allowance for loan losses | 338,000 | 335,000 | 311,000 | 322,000 |
| Securities available for sale | 6,967,000 | 6,763,000 | 5,481,000 | 12,810,000 |
| Securities held to maturity | 1,264,000 | 1,805,000 | 1,948,000 | 3,153,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,028,000 | 44,921,000 | 46,896,000 | 55,678,000 |
| Interest-bearing deposits | 37,279,000 | 37,845,000 | 38,312,000 | 45,814,000 |
| Noninterest-bearing deposits | 6,749,000 | 7,076,000 | 8,584,000 | 9,864,000 |
| Equity capital | 4,486,000 | 4,380,000 | 4,422,000 | 4,562,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 716,000 | 1,453,000 | 2,219,000 | 3,023,000 |
| Interest expense | 200,000 | 414,000 | 609,000 | 821,000 |
| Net interest income | 516,000 | 1,039,000 | 1,610,000 | 2,202,000 |
| Noninterest income | 90,000 | 203,000 | 342,000 | 468,000 |
| Noninterest expense | 608,000 | 1,227,000 | 1,812,000 | 2,475,000 |
| Provision for loan losses | -47,000 | -35,000 | -23,000 | -11,000 |
| Pretax income | 45,000 | 50,000 | 182,000 | 225,000 |
| Income tax | -10,000 | -17,000 | 21,000 | -76,000 |
| Net income | 55,000 | 67,000 | 161,000 | 301,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,999,000 | 3,882,000 | 3,967,000 | 4,118,000 |
| Total capital | 4,337,000 | 4,217,000 | 4,278,000 | 4,440,000 |
| Risk-weighted assets | 37,946,000 | 40,514,000 | 42,729,000 | 45,970,000 |