President Trump and the Republican National Committee raised more than $76 million during the first three months of the year, closing out the first quarter with a stunning $82 million in the bank for 2020 as Democratic presidential candidates jockey for position and money.

The Trump campaign raised $30.3 million, reporting $40.8 million in cash on hand to spend on the president's 2020 reelection; the RNC raised $45.8 million, finishing the period with $41 million in its coffers. Trump's campaign organization and the national party apparatus he oversees are closely intertwined, making their combined fundraising efforts a more accurate readout of the president's financial strength heading into the next election.

“The success of our fundraising is a testament to the continued enthusiasm and support for President Trump, his policies, and the litany of promises he has fulfilled for the American people,” RNC Chairwoman Ronna McDaniel said in a statement. “The RNC is already investing these donations into our expansive, permanent, data-driven field program to put President Trump and Republicans in prime-position for another historic election night in 2020.”

The Democratic presidential primary is in its early stages, with the leading candidates posting solid, though not overwhelming, fundraising totals from Jan. 1 to March 31, although many did not launch their campaigns until after the quarter began.

Sen. Bernie Sanders, the Vermont independent leading the pack, hauled in $18.2 million, finishing the period with a respectable $28 million in cash on hand. Sen. Kamala Harris of California raised $12 million, and former Rep. Beto O'Rourke of Texas collected $9.4 million. Pete Buttigieg, the mayor of South Bend, Ind., raised $7 million, and Sen. Elizabeth Warren of Massachusetts raised $6 million; she has more than $11 million in the bank due to money from her Senate campaign account.

The more than one dozen Democratic candidates brought in more than the Trump campaign in total. But the eventual nominee will have a lot of catching up to do to match the president, who has the advantage of an early head start. He declared for reelection soon after being inaugurated in 2017 and has steadily been raising money ever since.

President Barack Obama, when he ran for reelection in 2012, did not get his campaign going until after the first quarter of the off-year (2011), so a direct comparison with Trump is not available. However, Obama in the second quarter of that year raised more than $86 million, in combination with the joint fundraising committee his campaign had in place with the Democratic National Committee.

The DNC, which had yet to report its first quarter haul, has struggled to raise money on its own over the past several years and was unlikely to match the RNC's fundraising from the first quarter.