Call reports 2023
CEDARSTONE BANK — 2023
What CEDARSTONE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 276,970,000 | 282,023,000 | 288,812,000 | 306,168,000 |
| Total loans | 185,067,000 | 194,775,000 | 203,883,000 | 214,805,000 |
| Allowance for loan losses | 1,138,000 | 1,183,000 | 1,234,000 | 1,301,000 |
| Securities available for sale | 58,299,000 | 56,654,000 | 53,151,000 | 56,398,000 |
| Securities held to maturity | 9,087,000 | 8,948,000 | 8,789,000 | 8,661,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 221,695,000 | 223,682,000 | 230,457,000 | 246,867,000 |
| Interest-bearing deposits | 156,231,000 | 160,595,000 | 170,375,000 | 187,457,000 |
| Noninterest-bearing deposits | 65,464,000 | 63,087,000 | 60,082,000 | 59,410,000 |
| Equity capital | 27,704,000 | 27,199,000 | 25,763,000 | 28,694,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,869,000 | 5,946,000 | 9,241,000 | 12,788,000 |
| Interest expense | 788,000 | 1,805,000 | 3,053,000 | 4,536,000 |
| Net interest income | 2,081,000 | 4,141,000 | 6,188,000 | 8,252,000 |
| Noninterest income | 1,440,000 | 1,701,000 | 1,940,000 | 2,188,000 |
| Noninterest expense | 1,657,000 | 3,299,000 | 5,000,000 | 6,830,000 |
| Provision for loan losses | 19,000 | 61,000 | 108,000 | 181,000 |
| Pretax income | 1,845,000 | 2,482,000 | 3,020,000 | 3,429,000 |
| Income tax | 76,000 | 173,000 | 266,000 | 339,000 |
| Net income | 1,769,000 | 2,309,000 | 2,754,000 | 3,090,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,093,000 | 29,056,000 | 29,501,000 | 29,837,000 |
| Total capital | 30,248,000 | 30,256,000 | 30,752,000 | 31,155,000 |
| Risk-weighted assets | 196,205,000 | 206,079,000 | 215,166,000 | 220,670,000 |