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Call reports 2022

RIVERS EDGE BANK — 2022

What RIVERS EDGE BANK reported to the FFIEC in 2022, quarter by quarter.

PERIOD: 2022SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/da8d476a-a591-4f43-badd-ef9047304684/2022

Balance sheet

What the bank holds and owes at quarter end

Measure2022Q12022Q22022Q32022Q4
Total assets264,496,000261,928,000262,061,000268,999,000
Total loans153,378,000167,392,000179,665,000184,920,000
Allowance for loan losses2,390,0002,390,0002,391,0002,389,000
Securities available for sale50,532,00068,609,00066,110,00065,898,000
Securities held to maturity2,422,0002,430,0002,438,0002,446,000
Trading assets0000
Total deposits227,652,000233,219,000227,154,000229,813,000
Interest-bearing deposits172,774,000175,169,000171,070,000167,579,000
Noninterest-bearing deposits54,878,00058,050,00056,083,00062,234,000
Equity capital21,512,00020,754,00019,801,00020,926,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2022Q12022Q22022Q32022Q4
Interest income1,872,0003,952,0006,348,0008,981,000
Interest expense245,000479,000800,0001,383,000
Net interest income1,627,0003,473,0005,548,0007,598,000
Noninterest income126,000278,000360,000506,000
Noninterest expense1,374,0002,793,0004,278,0005,765,000
Provision for loan losses-100,000-100,000-100,000-100,000
Pretax income479,0001,058,0001,730,0002,439,000
Income tax24,00046,00078,000131,000
Net income455,0001,012,0001,652,0002,308,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2022Q12022Q22022Q32022Q4
Tier 1 capital20,339,00020,694,00021,136,00021,592,000
Total capital22,255,00022,825,00023,425,00023,933,000
Risk-weighted assets152,768,000170,200,000182,988,000187,254,000