Call reports 2011
RIVERS EDGE BANK — 2011
What RIVERS EDGE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 61,966,000 | 59,431,000 | 61,682,000 | 63,079,000 |
| Total loans | 43,225,000 | 47,633,000 | 49,626,000 | 48,947,000 |
| Allowance for loan losses | 35,000 | 68,000 | 104,000 | 247,000 |
| Securities available for sale | 2,140,000 | 2,075,000 | 1,839,000 | 1,752,000 |
| Securities held to maturity | 494,000 | 493,000 | 203,000 | 202,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,730,000 | 48,899,000 | 51,960,000 | 54,488,000 |
| Interest-bearing deposits | 37,545,000 | 37,021,000 | 39,110,000 | 40,884,000 |
| Noninterest-bearing deposits | 16,185,000 | 11,878,000 | 12,850,000 | 13,604,000 |
| Equity capital | 6,946,000 | 7,132,000 | 7,208,000 | 7,120,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 707,000 | 1,460,000 | 2,293,000 | 3,073,000 |
| Interest expense | 123,000 | 230,000 | 344,000 | 445,000 |
| Net interest income | 584,000 | 1,230,000 | 1,949,000 | 2,628,000 |
| Noninterest income | 105,000 | 195,000 | 322,000 | 526,000 |
| Noninterest expense | 449,000 | 893,000 | 1,372,000 | 1,871,000 |
| Provision for loan losses | 33,000 | 66,000 | 102,000 | 245,000 |
| Pretax income | 207,000 | 466,000 | 797,000 | 1,034,000 |
| Income tax | 12,000 | 28,000 | 48,000 | 60,000 |
| Net income | 195,000 | 438,000 | 749,000 | 974,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,056,000 | 5,242,000 | 5,363,000 | 5,288,000 |
| Total capital | 5,091,000 | 5,310,000 | 5,467,000 | 5,535,000 |
| Risk-weighted assets | 45,001,000 | 48,511,000 | 50,608,000 | 49,285,000 |