Call reports 2020
CEDAR SECURITY BANK — 2020
What CEDAR SECURITY BANK 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 | 48,272,000 | 51,569,000 | 52,309,000 | 52,796,000 |
| Total loans | 32,146,000 | 32,071,000 | 32,292,000 | 30,953,000 |
| Allowance for loan losses | 1,921,000 | 1,726,000 | 1,741,000 | 1,750,000 |
| Securities available for sale | 1,764,000 | 1,523,000 | 1,773,000 | 2,401,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,397,000 | 40,488,000 | 41,164,000 | 42,613,000 |
| Interest-bearing deposits | 30,199,000 | 31,455,000 | 31,905,000 | 32,713,000 |
| Noninterest-bearing deposits | 8,198,000 | 9,033,000 | 9,259,000 | 9,900,000 |
| Equity capital | 7,600,000 | 7,767,000 | 7,860,000 | 7,927,000 |
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 | 548,000 | 1,136,000 | 1,658,000 | 2,133,000 |
| Interest expense | 69,000 | 142,000 | 211,000 | 271,000 |
| Net interest income | 479,000 | 994,000 | 1,447,000 | 1,862,000 |
| Noninterest income | 75,000 | 152,000 | 239,000 | 326,000 |
| Noninterest expense | 378,000 | 756,000 | 1,151,000 | 1,546,000 |
| Provision for loan losses | 8,000 | -192,000 | -192,000 | -192,000 |
| Pretax income | 168,000 | 582,000 | 727,000 | 834,000 |
| Income tax | 44,000 | 101,000 | 147,000 | 190,000 |
| Net income | 124,000 | 481,000 | 580,000 | 644,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,600,000 | 7,767,000 | 7,860,000 | 7,926,000 |