Call reports 2020
RARITAN STATE BANK — 2020
What RARITAN STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 189,230,000 | 196,818,000 | 199,062,000 | 207,876,000 |
| Total loans | 142,741,000 | 140,319,000 | 141,795,000 | 143,198,000 |
| Allowance for loan losses | 1,417,000 | 1,319,000 | 1,451,000 | 1,414,000 |
| Securities available for sale | 35,467,000 | 40,129,000 | 44,890,000 | 46,184,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,819,000 | 173,085,000 | 175,573,000 | 184,117,000 |
| Interest-bearing deposits | 144,281,000 | 147,857,000 | 152,023,000 | 156,816,000 |
| Noninterest-bearing deposits | 22,538,000 | 25,228,000 | 23,550,000 | 27,301,000 |
| Equity capital | 21,357,000 | 22,427,000 | 22,663,000 | 22,883,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,018,000 | 3,907,000 | 5,739,000 | 7,683,000 |
| Interest expense | 548,000 | 948,000 | 1,304,000 | 1,622,000 |
| Net interest income | 1,470,000 | 2,959,000 | 4,435,000 | 6,061,000 |
| Noninterest income | 80,000 | 176,000 | 282,000 | 387,000 |
| Noninterest expense | 947,000 | 1,848,000 | 2,803,000 | 3,730,000 |
| Provision for loan losses | 60,000 | 220,000 | 500,000 | 605,000 |
| Pretax income | 543,000 | 1,067,000 | 1,414,000 | 2,113,000 |
| Income tax | 139,000 | 273,000 | 356,000 | 538,000 |
| Net income | 404,000 | 794,000 | 1,058,000 | 1,575,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,326,000 | 21,639,000 | 21,858,000 | 22,075,000 |
| Total capital | 24,160,000 | 24,277,000 | — | — |
| Risk-weighted assets | 130,725,000 | 133,923,000 | — | — |