Call reports 2021
CEDAR RAPIDS STATE BANK — 2021
What CEDAR RAPIDS 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 | 54,493,000 | 54,999,000 | 60,407,000 | 70,373,000 |
| Total loans | 40,131,000 | 48,646,000 | 54,400,000 | 61,947,000 |
| Allowance for loan losses | 400,000 | 400,000 | 406,000 | 421,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,891,000 | 2,164,000 | 2,059,000 | 2,835,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,341,000 | 47,075,000 | 53,729,000 | 62,520,000 |
| Interest-bearing deposits | 41,945,000 | 39,779,000 | 46,969,000 | 54,336,000 |
| Noninterest-bearing deposits | 7,396,000 | 7,296,000 | 6,760,000 | 8,184,000 |
| Equity capital | 5,017,000 | 5,176,000 | 5,202,000 | 5,872,000 |
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 | 536,000 | 1,074,000 | 1,687,000 | 2,351,000 |
| Interest expense | 134,000 | 254,000 | 362,000 | 478,000 |
| Net interest income | 402,000 | 820,000 | 1,325,000 | 1,873,000 |
| Noninterest income | 255,000 | 433,000 | 522,000 | 602,000 |
| Noninterest expense | 411,000 | 749,000 | 1,205,000 | 1,622,000 |
| Provision for loan losses | 10,000 | 10,000 | 16,000 | 31,000 |
| Pretax income | 236,000 | 494,000 | 626,000 | 822,000 |
| Income tax | 6,000 | 12,000 | 18,000 | 24,000 |
| Net income | 230,000 | 482,000 | 608,000 | 798,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,017,000 | 5,176,000 | 5,202,000 | 5,872,000 |
| Total capital | 5,417,000 | 5,576,000 | 5,608,000 | 6,293,000 |
| Risk-weighted assets | 38,220,000 | 42,364,000 | 46,826,000 | 55,111,000 |