Call reports 2014
RIVERS EDGE BANK — 2014
What RIVERS EDGE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 76,784,000 | 80,584,000 | 78,966,000 | 84,495,000 |
| Total loans | 67,304,000 | 74,205,000 | 71,758,000 | 77,854,000 |
| Allowance for loan losses | 580,000 | 677,000 | 774,000 | 834,000 |
| Securities available for sale | 1,389,000 | 857,000 | 845,000 | 834,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,814,000 | 66,642,000 | 67,498,000 | 68,402,000 |
| Interest-bearing deposits | 49,793,000 | 50,358,000 | 50,239,000 | 50,057,000 |
| Noninterest-bearing deposits | 16,021,000 | 16,284,000 | 17,259,000 | 18,345,000 |
| Equity capital | 8,325,000 | 8,519,000 | 8,739,000 | 8,882,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 862,000 | 1,786,000 | 2,736,000 | 3,673,000 |
| Interest expense | 69,000 | 151,000 | 225,000 | 289,000 |
| Net interest income | 793,000 | 1,635,000 | 2,511,000 | 3,384,000 |
| Noninterest income | 55,000 | 101,000 | 191,000 | 291,000 |
| Noninterest expense | 532,000 | 1,063,000 | 1,646,000 | 2,247,000 |
| Provision for loan losses | 40,000 | 138,000 | 233,000 | 293,000 |
| Pretax income | 276,000 | 535,000 | 823,000 | 1,135,000 |
| Income tax | 17,000 | 37,000 | 58,000 | 70,000 |
| Net income | 259,000 | 498,000 | 765,000 | 1,065,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,631,000 | 6,827,000 | 7,051,000 | 7,199,000 |
| Total capital | 7,211,000 | 7,504,000 | 7,825,000 | 8,033,000 |
| Risk-weighted assets | 65,802,000 | 72,700,000 | 70,632,000 | 76,734,000 |