Call reports 2024
CEDAR VALLEY BANK & TRUST — 2024
What CEDAR VALLEY BANK & TRUST 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 | 120,044,000 | 121,505,000 | 119,171,000 | 120,137,000 |
| Total loans | 107,869,000 | 108,055,000 | 111,194,000 | 111,930,000 |
| Allowance for loan losses | 628,000 | 748,000 | 725,000 | 710,000 |
| Securities available for sale | 4,953,000 | 4,210,000 | 4,229,000 | 4,149,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,258,000 | 104,256,000 | 97,002,000 | 97,704,000 |
| Interest-bearing deposits | 80,529,000 | 80,679,000 | 76,527,000 | 76,668,000 |
| Noninterest-bearing deposits | 22,729,000 | 23,577,000 | 20,475,000 | 21,036,000 |
| Equity capital | 9,131,000 | 9,343,000 | 9,588,000 | 9,734,000 |
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 | 1,500,000 | 3,103,000 | 4,721,000 | 6,387,000 |
| Interest expense | 518,000 | 1,043,000 | 1,553,000 | 2,052,000 |
| Net interest income | 982,000 | 2,060,000 | 3,168,000 | 4,335,000 |
| Noninterest income | 30,000 | 55,000 | 87,000 | 110,000 |
| Noninterest expense | 755,000 | 1,499,000 | 2,390,000 | 3,282,000 |
| Provision for loan losses | 25,000 | 144,000 | 150,000 | 150,000 |
| Pretax income | 242,000 | 475,000 | 721,000 | 1,024,000 |
| Income tax | 8,000 | 22,000 | 29,000 | 42,000 |
| Net income | 234,000 | 453,000 | 692,000 | 982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,319,000 | 9,539,000 | 9,702,000 | 9,868,000 |
| Total capital | 9,947,000 | 10,287,000 | 10,427,000 | 10,578,000 |
| Risk-weighted assets | 85,744,000 | 86,949,000 | 88,957,000 | 89,699,000 |