TWO RIVER BANCORP company info

CIK 1343034
IRS Number 203700861
State of incorporation NJ
Business address 766 SHREWSBURY AVENUE
None
TINTON FALLS
NJ
07724
Mail address 766 SHREWSBURY AVENUE
None
TINTON FALLS
NJ
07724

Short summary

TWO RIVER BANCORP is a New Jersey company, with head office located at 766 Shrewsbury Avenue Tinton Falls, New Jersey 07724. The company achieved a record breaking net income in 2016 - 8.63 million USD. In 2017 the company owned a total of 1.06 billion USD worth of assets. An analysis of the recent trend shows a steady growth of company assets, with a 7.37% growth from the last year and a 55.95% increase in the 7 year period.

TWO RIVER BANCORP Income Statement

Name [in Millions USD]200920102011201220132014201520162017Trends
Interest expense 6.195.244.623.803.453.865.165.71
Income Tax Expense (Benefit) 1.852.552.812.973.563.594.336.02
Net income 3.624.314.825.166.026.358.636.50

TWO RIVER BANCORP Balance Sheet

Name [in Millions USD]200920102011201220132014201520162017Trends
Cash and cash equivalents 68.8664.3140.6840.6838.9349.3731.3344.7024.28
Property, Plant and Equipment, Gross 12.0213.3113.9916.0615.6315.9817.09
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 9.3810.06-9.7610.3610.5511.3210.85
Goodwill 18.1118.1118.1118.1118.1118.1118.1118.11
Intangible Assets, Net (Excluding Goodwill) 0.530.350.200.100.060
Total assets 676.84697.79735.64765.68781.20884.70983.101,055.53
Long-term Debt 13.5017.501623.80
Total liabilities 594.38608.33642.05668.42687.26788.41878.58944.18
Common Stock, Value, Issued 70.3071.3671.7572.3972.5373.0779.3980.09
Retained Earnings (Accumulated Deficit) 3.045.759.1214.8917.5025.6227.7234.17
Accumulated Other Comprehensive Income (Loss), Net of Tax 0.440.350.18-0.39-0.35-0.15-0.20-0.52

TWO RIVER BANCORP Cash Flow

Name [in Millions USD]200920102011201220132014201520162017Trends
Net income 3.624.314.825.166.026.358.636.50
Amortization of Intangible Assets 0.240.200.160.130.090.050.010
Depreciation and amortization 0.920.700.680.710.600.800.780.77
Deferred Income Tax Expense (Benefit) -0.99-0.48-0.700.090.45-0.48-0.461.06
Net Cash Provided by (Used in) Operating Activities 9.457.007.779.1110.396.718.9112.76
Payments to Acquire Property, Plant, and Equipment 0.240.251.281.702.060.900.362.34
Net Cash Provided by (Used in) Investing Activities -10.33-36.62-50.33-41.34-26.41-71.31-79.70-98.30
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -71.31-79.70
Proceeds from Issuance of Long-term Debt 6412
Proceeds from Stock Plans 0.030.050.040.050.060.060.07
Payments for Repurchase of Common Stock 0.551.200.500.150
Payments of Ordinary Dividends, Common Stock 0.480.871.031.191.42
Net Cash Provided by (Used in) Financing Activities -7.4133.1953.0931.554.2775.2266.1591.68
Cash and Cash Equivalents, Period Increase (Decrease) -8.293.5810.52-0.68-11.7610.62-4.656.14