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Call reports 2020

CEDARSTONE BANK — 2020

What CEDARSTONE BANK reported to the FFIEC in 2020, quarter by quarter.

PERIOD: 2020SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/6ccf6ac1-8d03-4470-beaf-2dce74eb51d4/2020

Balance sheet

What the bank holds and owes at quarter end

Measure2020Q12020Q22020Q32020Q4
Total assets220,783,000255,287,000261,411,000255,643,000
Total loans160,089,000173,940,000174,755,000173,279,000
Allowance for loan losses1,359,0001,409,0001,491,0001,710,000
Securities available for sale41,218,00050,799,00048,720,00046,594,000
Securities held to maturity0000
Trading assets0000
Total deposits177,232,000189,621,000194,655,000196,535,000
Interest-bearing deposits136,148,000137,546,000142,667,000147,559,000
Noninterest-bearing deposits41,084,00052,075,00051,988,00048,976,000
Equity capital22,976,00023,341,00023,897,00024,629,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2020Q12020Q22020Q32020Q4
Interest income2,285,0004,666,0007,033,0009,490,000
Interest expense490,000905,0001,318,0001,693,000
Net interest income1,795,0003,761,0005,715,0007,797,000
Noninterest income177,000360,000557,000745,000
Noninterest expense1,350,0002,692,0004,082,0005,491,000
Provision for loan losses80,000200,000330,000560,000
Pretax income542,0001,229,0001,860,0002,491,000
Income tax75,000227,000356,000489,000
Net income467,0001,002,0001,504,0002,002,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2020Q12020Q22020Q32020Q4
Tier 1 capital22,634,00022,798,00023,301,00023,799,000
Total capital24,004,00024,222,00024,807,00025,524,000
Risk-weighted assets155,235,000173,848,000175,037,000166,899,000