Call reports 2009
RIVERS EDGE BANK — 2009
What RIVERS EDGE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 61,170,000 | 62,934,000 | 69,864,000 | 84,415,000 |
| Total loans | 47,959,000 | 50,015,000 | 50,831,000 | 47,864,000 |
| Allowance for loan losses | 525,000 | 565,000 | 533,000 | 532,000 |
| Securities available for sale | 3,537,000 | 2,697,000 | 1,693,000 | 1,614,000 |
| Securities held to maturity | 1,010,000 | 1,009,000 | 996,000 | 995,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,402,000 | 54,164,000 | 60,972,000 | 75,884,000 |
| Interest-bearing deposits | 41,524,000 | 42,192,000 | 42,768,000 | 45,752,000 |
| Noninterest-bearing deposits | 10,878,000 | 11,972,000 | 18,204,000 | 30,132,000 |
| Equity capital | 6,732,000 | 6,752,000 | 6,870,000 | 7,022,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 851,000 | 1,719,000 | 2,605,000 | 3,480,000 |
| Interest expense | 180,000 | 354,000 | 529,000 | 699,000 |
| Net interest income | 671,000 | 1,365,000 | 2,076,000 | 2,781,000 |
| Noninterest income | 158,000 | 305,000 | 504,000 | 701,000 |
| Noninterest expense | 630,000 | 1,293,000 | 1,923,000 | 2,618,000 |
| Provision for loan losses | 0 | 42,000 | 42,000 | 42,000 |
| Pretax income | 199,000 | 335,000 | 615,000 | 822,000 |
| Income tax | 67,000 | 122,000 | 223,000 | 204,000 |
| Net income | 132,000 | 213,000 | 392,000 | 618,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,394,000 | 6,405,000 | 6,514,000 | 6,669,000 |
| Total capital | 6,919,000 | 6,970,000 | 7,047,000 | 7,201,000 |
| Risk-weighted assets | 50,827,000 | 53,122,000 | 55,669,000 | 56,776,000 |