Call reports 2020
CEDAR VALLEY BANK & TRUST — 2020
What CEDAR VALLEY BANK & TRUST reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 71,638,000 | 79,321,000 | 85,250,000 | 87,676,000 |
| Total loans | 57,628,000 | 62,797,000 | 67,806,000 | 73,490,000 |
| Allowance for loan losses | 387,000 | 409,000 | 449,000 | 477,000 |
| Securities available for sale | 11,628,000 | 10,317,000 | 11,790,000 | 11,278,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,677,000 | 63,898,000 | 69,855,000 | 71,239,000 |
| Interest-bearing deposits | 45,231,000 | 49,879,000 | 53,951,000 | 55,159,000 |
| Noninterest-bearing deposits | 11,446,000 | 14,019,000 | 15,904,000 | 16,080,000 |
| Equity capital | 6,354,000 | 6,949,000 | 6,980,000 | 6,997,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 840,000 | 1,842,000 | 2,743,000 | 3,704,000 |
| Interest expense | 125,000 | 213,000 | 293,000 | 367,000 |
| Net interest income | 715,000 | 1,629,000 | 2,450,000 | 3,337,000 |
| Noninterest income | 27,000 | 67,000 | 91,000 | 162,000 |
| Noninterest expense | 454,000 | 946,000 | 1,484,000 | 2,092,000 |
| Provision for loan losses | 0 | 20,000 | 60,000 | 111,000 |
| Pretax income | 390,000 | 834,000 | 1,102,000 | 1,409,000 |
| Income tax | 19,000 | 42,000 | 55,000 | 70,000 |
| Net income | 371,000 | 792,000 | 1,047,000 | 1,339,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,428,000 | 6,749,000 | 6,758,000 | 6,776,000 |
| Total capital | 6,815,000 | — | — | 7,253,000 |
| Risk-weighted assets | 54,313,000 | — | — | 64,491,000 |