Call reports 2023
CEDAR SECURITY BANK — 2023
What CEDAR SECURITY BANK 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 | 56,062,000 | 55,793,000 | 55,898,000 | 57,814,000 |
| Total loans | 23,648,000 | 24,846,000 | 27,300,000 | 27,790,000 |
| Allowance for loan losses | 816,000 | 818,000 | 820,000 | 823,000 |
| Securities available for sale | 20,448,000 | 20,500,000 | 19,865,000 | 19,419,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,495,000 | 44,096,000 | 41,534,000 | 42,382,000 |
| Interest-bearing deposits | 33,109,000 | 32,992,000 | 31,687,000 | 30,411,000 |
| Noninterest-bearing deposits | 11,386,000 | 11,104,000 | 9,847,000 | 11,971,000 |
| Equity capital | 8,683,000 | 8,623,000 | 8,781,000 | 9,245,000 |
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 | 494,000 | 1,019,000 | 1,585,000 | 2,175,000 |
| Interest expense | 54,000 | 122,000 | 225,000 | 364,000 |
| Net interest income | 440,000 | 897,000 | 1,360,000 | 1,811,000 |
| Noninterest income | 48,000 | 117,000 | 170,000 | 283,000 |
| Noninterest expense | 399,000 | 793,000 | 1,166,000 | 1,524,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 89,000 | 221,000 | 364,000 | 570,000 |
| Income tax | 17,000 | 48,000 | 80,000 | 134,000 |
| Net income | 72,000 | 173,000 | 284,000 | 436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,585,000 | 9,686,000 | 9,797,000 | 9,949,000 |