Call reports 2021
RARITAN STATE BANK — 2021
What RARITAN STATE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 226,338,000 | 231,023,000 | 224,709,000 | 227,958,000 |
| Total loans | 139,751,000 | 140,241,000 | 139,436,000 | 144,467,000 |
| Allowance for loan losses | 1,382,000 | 1,355,000 | 1,448,000 | 1,618,000 |
| Securities available for sale | 50,323,000 | 61,281,000 | 64,460,000 | 68,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,379,000 | 207,035,000 | 200,711,000 | 204,568,000 |
| Interest-bearing deposits | 169,544,000 | 178,398,000 | 172,211,000 | 172,804,000 |
| Noninterest-bearing deposits | 32,835,000 | 28,637,000 | 28,500,000 | 31,764,000 |
| Equity capital | 22,874,000 | 23,160,000 | 23,379,000 | 22,911,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,629,000 | 3,242,000 | 4,926,000 | 6,758,000 |
| Interest expense | 277,000 | 523,000 | 748,000 | 948,000 |
| Net interest income | 1,352,000 | 2,719,000 | 4,178,000 | 5,810,000 |
| Noninterest income | 516,000 | 926,000 | 1,023,000 | 1,065,000 |
| Noninterest expense | 959,000 | 1,920,000 | 2,961,000 | 3,993,000 |
| Provision for loan losses | 0 | 15,000 | 55,000 | 212,000 |
| Pretax income | 909,000 | 1,710,000 | 2,185,000 | 2,670,000 |
| Income tax | 241,000 | 451,000 | 576,000 | 685,000 |
| Net income | 668,000 | 1,259,000 | 1,609,000 | 1,985,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,320,000 | 22,632,000 | 22,882,000 | 22,798,000 |