Call reports 2007
RIVERS EDGE BANK — 2007
What RIVERS EDGE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 79,768,000 | 62,674,000 | 63,562,000 | 67,509,000 |
| Total loans | 48,620,000 | 50,715,000 | 50,046,000 | 49,809,000 |
| Allowance for loan losses | 552,000 | 531,000 | 524,000 | 515,000 |
| Securities available for sale | 20,961,000 | 2,842,000 | 2,730,000 | 4,634,000 |
| Securities held to maturity | 1,245,000 | 1,213,000 | 1,211,000 | 1,175,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,916,000 | 53,512,000 | 54,042,000 | 58,235,000 |
| Interest-bearing deposits | 60,330,000 | 44,121,000 | 42,855,000 | 44,193,000 |
| Noninterest-bearing deposits | 9,586,000 | 9,391,000 | 11,187,000 | 14,042,000 |
| Equity capital | 5,914,000 | 6,098,000 | 6,339,000 | 6,165,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,330,000 | 2,496,000 | 3,636,000 | 4,725,000 |
| Interest expense | 569,000 | 984,000 | 1,350,000 | 1,700,000 |
| Net interest income | 761,000 | 1,512,000 | 2,286,000 | 3,025,000 |
| Noninterest income | 161,000 | 349,000 | 587,000 | 783,000 |
| Noninterest expense | 679,000 | 1,325,000 | 1,979,000 | 2,619,000 |
| Provision for loan losses | 0 | 2,000 | 2,000 | 2,000 |
| Pretax income | 243,000 | 534,000 | 892,000 | 1,187,000 |
| Income tax | 83,000 | 185,000 | 311,000 | 381,000 |
| Net income | 160,000 | 349,000 | 581,000 | 806,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,578,000 | 5,769,000 | 6,003,000 | 5,828,000 |
| Total capital | 6,130,000 | 6,300,000 | 6,527,000 | 6,343,000 |
| Risk-weighted assets | 51,436,000 | 53,537,000 | 53,437,000 | 54,618,000 |