Call reports 2023
CEDAR VALLEY BANK & TRUST — 2023
What CEDAR VALLEY BANK & TRUST 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 | 113,687,000 | 112,788,000 | 114,322,000 | 116,444,000 |
| Total loans | 102,026,000 | 102,967,000 | 104,224,000 | 107,208,000 |
| Allowance for loan losses | 698,000 | 724,000 | 641,000 | 634,000 |
| Securities available for sale | 6,182,000 | 5,437,000 | 5,344,000 | 5,036,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,785,000 | 94,632,000 | 93,554,000 | 92,383,000 |
| Interest-bearing deposits | 74,583,000 | 70,515,000 | 71,802,000 | 69,088,000 |
| Noninterest-bearing deposits | 23,202,000 | 24,117,000 | 21,752,000 | 23,295,000 |
| Equity capital | 8,678,000 | 8,877,000 | 8,976,000 | 9,049,000 |
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 | 1,258,000 | 2,559,000 | 3,923,000 | 5,340,000 |
| Interest expense | 384,000 | 784,000 | 1,254,000 | 1,795,000 |
| Net interest income | 874,000 | 1,775,000 | 2,669,000 | 3,545,000 |
| Noninterest income | 31,000 | 107,000 | 100,000 | 126,000 |
| Noninterest expense | 688,000 | 1,411,000 | 2,123,000 | 2,901,000 |
| Provision for loan losses | 25,000 | 45,000 | 65,000 | 90,000 |
| Pretax income | 211,000 | 450,000 | 610,000 | 723,000 |
| Income tax | 4,000 | 6,000 | 13,000 | 19,000 |
| Net income | 207,000 | 444,000 | 597,000 | 704,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,939,000 | 9,176,000 | 9,279,000 | 9,235,000 |
| Total capital | 9,637,000 | 9,900,000 | 9,919,000 | 9,870,000 |
| Risk-weighted assets | 83,848,000 | 84,139,000 | 85,207,000 | 86,910,000 |