Call reports 2010
RIVERS EDGE BANK — 2010
What RIVERS EDGE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 71,307,000 | 69,762,000 | 69,781,000 | 61,276,000 |
| Total loans | 51,236,000 | 54,537,000 | 51,950,000 | 40,367,000 |
| Allowance for loan losses | 543,000 | 534,000 | 534,000 | 0 |
| Securities available for sale | 1,585,000 | 1,781,000 | 1,571,000 | 1,467,000 |
| Securities held to maturity | 893,000 | 717,000 | 716,000 | 495,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,073,000 | 60,406,000 | 59,370,000 | 53,229,000 |
| Interest-bearing deposits | 44,641,000 | 46,269,000 | 45,796,000 | 39,456,000 |
| Noninterest-bearing deposits | 17,432,000 | 14,137,000 | 13,574,000 | 13,773,000 |
| Equity capital | 7,184,000 | 7,290,000 | 7,455,000 | 6,748,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 880,000 | 1,749,000 | 2,648,000 | 121,000 |
| Interest expense | 156,000 | 303,000 | 464,000 | 21,000 |
| Net interest income | 724,000 | 1,446,000 | 2,184,000 | 100,000 |
| Noninterest income | 192,000 | 343,000 | 532,000 | 41,000 |
| Noninterest expense | 598,000 | 1,194,000 | 1,771,000 | 83,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 318,000 | 595,000 | 945,000 | 58,000 |
| Income tax | 103,000 | 209,000 | 327,000 | 179,000 |
| Net income | 215,000 | 386,000 | 618,000 | -121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,815,000 | 6,916,000 | 7,078,000 | 4,848,000 |
| Total capital | 7,358,000 | 7,450,000 | 7,612,000 | 4,848,000 |
| Risk-weighted assets | 55,923,000 | 58,512,000 | 56,738,000 | 42,935,000 |