Call reports 2004
RIVERS EDGE BANK — 2004
What RIVERS EDGE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 63,116,000 | 66,198,000 | 65,084,000 | 66,172,000 |
| Total loans | 39,458,000 | 44,766,000 | 45,847,000 | 47,820,000 |
| Allowance for loan losses | 305,000 | 342,000 | 368,000 | 460,000 |
| Securities available for sale | 11,736,000 | 10,134,000 | 8,746,000 | 8,061,000 |
| Securities held to maturity | 2,861,000 | 2,842,000 | 2,328,000 | 2,296,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,277,000 | 56,027,000 | 55,261,000 | 54,962,000 |
| Interest-bearing deposits | 47,040,000 | 46,914,000 | 46,133,000 | 44,344,000 |
| Noninterest-bearing deposits | 8,237,000 | 9,113,000 | 9,128,000 | 10,618,000 |
| Equity capital | 4,609,000 | 5,294,000 | 5,401,000 | 5,463,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 828,000 | 1,680,000 | 2,574,000 | 3,523,000 |
| Interest expense | 219,000 | 441,000 | 668,000 | 894,000 |
| Net interest income | 609,000 | 1,239,000 | 1,906,000 | 2,629,000 |
| Noninterest income | 129,000 | 258,000 | 430,000 | 690,000 |
| Noninterest expense | 608,000 | 1,256,000 | 1,950,000 | 2,660,000 |
| Provision for loan losses | 15,000 | 45,000 | 75,000 | 180,000 |
| Pretax income | 113,000 | 194,000 | 308,000 | 475,000 |
| Income tax | 28,000 | 55,000 | 88,000 | 112,000 |
| Net income | 85,000 | 139,000 | 220,000 | 363,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,142,000 | 4,935,000 | 4,995,000 | 5,072,000 |
| Total capital | 4,447,000 | 5,277,000 | 5,363,000 | 5,532,000 |
| Risk-weighted assets | 45,089,000 | 49,400,000 | 49,481,000 | 50,997,000 |