Call reports 2024
CEDARSTONE BANK — 2024
What CEDARSTONE 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 | 311,270,000 | 330,428,000 | 345,587,000 | 348,927,000 |
| Total loans | 225,072,000 | 244,340,000 | 255,684,000 | 266,708,000 |
| Allowance for loan losses | 1,362,000 | 1,479,000 | 1,549,000 | 1,616,000 |
| Securities available for sale | 54,148,000 | 52,972,000 | 53,160,000 | 50,847,000 |
| Securities held to maturity | 8,560,000 | 8,429,000 | 8,291,000 | 8,169,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 250,720,000 | 284,899,000 | 296,962,000 | 301,822,000 |
| Interest-bearing deposits | 196,077,000 | 226,795,000 | 238,753,000 | 245,748,000 |
| Noninterest-bearing deposits | 54,643,000 | 58,104,000 | 58,209,000 | 56,074,000 |
| Equity capital | 28,552,000 | 27,867,000 | 28,807,000 | 28,216,000 |
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 | 3,650,000 | 7,657,000 | 11,981,000 | 16,463,000 |
| Interest expense | 1,650,000 | 3,568,000 | 5,742,000 | 7,967,000 |
| Net interest income | 2,000,000 | 4,089,000 | 6,239,000 | 8,496,000 |
| Noninterest income | 257,000 | 548,000 | 802,000 | 1,065,000 |
| Noninterest expense | 1,791,000 | 3,627,000 | 5,513,000 | 7,418,000 |
| Provision for loan losses | 54,000 | 171,000 | 252,000 | 337,000 |
| Pretax income | 412,000 | 839,000 | 1,276,000 | 1,806,000 |
| Income tax | 92,000 | 226,000 | 365,000 | 505,000 |
| Net income | 320,000 | 613,000 | 911,000 | 1,301,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,156,000 | 29,801,000 | 30,098,000 | 30,489,000 |
| Total capital | 31,535,000 | 31,296,000 | 31,664,000 | 32,122,000 |
| Risk-weighted assets | 218,781,000 | 233,567,000 | 258,519,000 | 265,379,000 |