Call reports 2024
CEDAR RAPIDS STATE BANK — 2024
What CEDAR RAPIDS STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 148,292,000 | 165,862,000 | 166,639,000 | 165,856,000 |
| Total loans | 130,989,000 | 144,930,000 | 142,461,000 | 143,967,000 |
| Allowance for loan losses | 761,000 | 774,000 | 1,034,000 | 1,082,000 |
| Securities available for sale | 0 | 3,939,000 | 5,506,000 | 5,965,000 |
| Securities held to maturity | 7,698,000 | 7,688,000 | 7,574,000 | 7,330,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,509,000 | 147,013,000 | 150,969,000 | 147,818,000 |
| Interest-bearing deposits | 118,974,000 | 138,641,000 | 141,039,000 | 135,161,000 |
| Noninterest-bearing deposits | 10,535,000 | 8,372,000 | 9,930,000 | 12,657,000 |
| Equity capital | 12,287,000 | 14,562,000 | 15,080,000 | 15,802,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,360,000 | 4,860,000 | 7,534,000 | 10,216,000 |
| Interest expense | 1,328,000 | 2,793,000 | 4,330,000 | 5,740,000 |
| Net interest income | 1,032,000 | 2,067,000 | 3,204,000 | 4,476,000 |
| Noninterest income | 117,000 | 224,000 | 313,000 | 450,000 |
| Noninterest expense | 868,000 | 1,685,000 | 2,434,000 | 3,273,000 |
| Provision for loan losses | 20,000 | 65,000 | 270,000 | 318,000 |
| Pretax income | 236,000 | 516,000 | 748,000 | 1,273,000 |
| Income tax | 5,000 | 11,000 | 16,000 | 36,000 |
| Net income | 231,000 | 505,000 | 732,000 | 1,237,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,287,000 | 14,562,000 | 15,038,000 | 15,818,000 |
| Total capital | 13,152,000 | 15,423,000 | 16,137,000 | 16,963,000 |
| Risk-weighted assets | 110,591,000 | 123,796,000 | 123,389,000 | 126,801,000 |