Call reports 2023
RIVERS EDGE BANK — 2023
What RIVERS EDGE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 266,609,000 | 275,201,000 | 289,808,000 | 296,385,000 |
| Total loans | 181,336,000 | 190,607,000 | 206,086,000 | 210,972,000 |
| Allowance for loan losses | 2,336,000 | 2,336,000 | 2,353,000 | 2,364,000 |
| Securities available for sale | 67,646,000 | 67,483,000 | 65,440,000 | 66,883,000 |
| Securities held to maturity | 2,454,000 | 2,461,000 | 2,469,000 | 2,477,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 235,676,000 | 232,935,000 | 242,021,000 | 252,855,000 |
| Interest-bearing deposits | 183,812,000 | 184,117,000 | 196,378,000 | 201,910,000 |
| Noninterest-bearing deposits | 51,864,000 | 48,819,000 | 45,643,000 | 50,945,000 |
| Equity capital | 22,057,000 | 22,211,000 | 21,800,000 | 24,146,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,757,000 | 5,746,000 | 9,197,000 | 12,886,000 |
| Interest expense | 761,000 | 1,776,000 | 3,130,000 | 4,652,000 |
| Net interest income | 1,996,000 | 3,970,000 | 6,067,000 | 8,234,000 |
| Noninterest income | 114,000 | 347,000 | 467,000 | 605,000 |
| Noninterest expense | 1,586,000 | 3,143,000 | 4,697,000 | 6,580,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 20,000 |
| Pretax income | 524,000 | 1,174,000 | 1,827,000 | 2,239,000 |
| Income tax | 21,000 | 49,000 | 75,000 | 113,000 |
| Net income | 503,000 | 1,125,000 | 1,752,000 | 2,126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,895,000 | 22,317,000 | 22,743,000 | 22,918,000 |
| Total capital | 24,185,000 | 24,694,000 | 25,137,000 | 25,324,000 |
| Risk-weighted assets | 183,126,000 | 192,261,000 | 210,194,000 | 213,514,000 |