Cross River Bank

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Deposit Rates - January 22, 2022

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Overview 2022

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58410
Date Established 2008
Assets $ 11.47 billion
Loans $ 10.08 billion
Deposits $ 3.67 billion
Capital $ 629.67 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 713.32 million
Interest-bearing balances $ 710.49 million
Total securities $ 79.82 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 10.08 billion
Loan loss allowance $ 40.14 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.97 million
All other assets $ 565.02 million
     Total Assets $ 10.84 billion

LIABILITIES
Total deposits $ 3.67 billion
      Interest-bearing deposits $ 2.62 billion
      Deposits held in domestic offices $ 3.67 billion
      % insured (estimated) 49.50%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 6.96 billion
Subordinated debt N.A.
All other liabilities $ 206.71 millionn
      Total Liabilities $ 10.84 billion
      Shareholders’ Equity $ 629.67 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 517.77 million
Total Interest Expense $ 47.54 million
Net interest income $ 470.23 million
Provision for loan and lease losses $ 5.52 million
Total non interest income $ 76.68 million
Total non interest expense $ 176.21 million
Pre-tax Net Operating Income $ 365.18 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 $11 billion in assets. Customers can open an account at one of its 1 branches.

Customer Reviews for Cross River Bank (1)

Rated 1.00 stars out of 5 - based on 1 reviews
  • 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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