Call reports 2013
RIVERS EDGE BANK — 2013
What RIVERS EDGE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 78,197,000 | 74,420,000 | 77,693,000 | 77,249,000 |
| Total loans | 59,196,000 | 61,847,000 | 67,961,000 | 67,413,000 |
| Allowance for loan losses | 460,000 | 483,000 | 513,000 | 542,000 |
| Securities available for sale | 2,259,000 | 1,905,000 | 1,810,000 | 1,400,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,800,000 | 63,936,000 | 62,984,000 | 66,553,000 |
| Interest-bearing deposits | 48,313,000 | 49,059,000 | 47,286,000 | 46,083,000 |
| Noninterest-bearing deposits | 19,487,000 | 14,877,000 | 15,698,000 | 20,471,000 |
| Equity capital | 7,756,000 | 7,832,000 | 7,997,000 | 8,067,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 808,000 | 1,646,000 | 2,542,000 | 3,438,000 |
| Interest expense | 75,000 | 149,000 | 224,000 | 297,000 |
| Net interest income | 733,000 | 1,497,000 | 2,318,000 | 3,141,000 |
| Noninterest income | 46,000 | 99,000 | 201,000 | 282,000 |
| Noninterest expense | 478,000 | 1,011,000 | 1,572,000 | 2,368,000 |
| Provision for loan losses | 22,000 | 43,000 | 73,000 | 103,000 |
| Pretax income | 279,000 | 542,000 | 874,000 | 952,000 |
| Income tax | 15,000 | 29,000 | 48,000 | 58,000 |
| Net income | 264,000 | 513,000 | 826,000 | 894,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,032,000 | 6,127,000 | 6,295,000 | 6,368,000 |
| Total capital | 6,492,000 | 6,610,000 | 6,808,000 | 6,910,000 |
| Risk-weighted assets | 57,526,000 | 60,131,000 | 66,796,000 | 66,095,000 |