Cross River Bank

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Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58410
Date Established 2008
Assets $ 13.48 billion
Loans $ 12.39 billion
Deposits $ 4.73 billion
Capital $ 444.36 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 484.93 million
Interest-bearing balances $ 484.07 million
Total securities $ 50.72 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 12.39 billion
Loan loss allowance $ 27.97 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.84 million
All other assets $ 527.78 million
     Total Assets $ 13.04 billion

LIABILITIES
Total deposits $ 4.73 billion
      Interest-bearing deposits $ 3.98 billion
      Deposits held in domestic offices $ 4.73 billion
      % insured (estimated) 61.56%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 7.88 billion
Subordinated debt N.A.
All other liabilities $ 431.17 millionn
      Total Liabilities $ 13.04 billion
      Shareholders’ Equity $ 444.36 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 111.79 million
Total Interest Expense $ 18.16 million
Net interest income $ 93.63 million
Provision for loan and lease losses N.A.
Total non interest income $ 17.40 million
Total non interest expense $ 43.45 million
Pre-tax Net Operating Income $ 83.47 million

Cross River Bank is an FDIC insured institution headquartered at 885 Teaneck Road, Teaneck, NJ 7666.
It was founded in 2008 and has approximately $13 billion in assets. Customers can open an account at one of its 1 branches.

Customer Reviews for Cross River Bank (1)

  • July 23, 2021 |

    Phone service is atrocious and online service not existent. I am just waiting for month interest to credit and then I will undo this one.


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