Call reports 2024
CEDAR SECURITY BANK — 2024
What CEDAR SECURITY BANK 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 | 53,298,000 | 55,022,000 | 55,709,000 | 54,895,000 |
| Total loans | 25,197,000 | 27,175,000 | 27,894,000 | 27,797,000 |
| Allowance for loan losses | 827,000 | 931,000 | 934,000 | 1,003,000 |
| Securities available for sale | 18,738,000 | 17,227,000 | 16,223,000 | 14,013,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,318,000 | 43,153,000 | 43,612,000 | 43,048,000 |
| Interest-bearing deposits | 31,351,000 | 32,720,000 | 32,682,000 | 31,110,000 |
| Noninterest-bearing deposits | 9,967,000 | 10,433,000 | 10,930,000 | 11,938,000 |
| Equity capital | 9,417,000 | 9,371,000 | 9,729,000 | 9,802,000 |
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 | 575,000 | 1,165,000 | 1,819,000 | 2,483,000 |
| Interest expense | 128,000 | 253,000 | 383,000 | 506,000 |
| Net interest income | 447,000 | 912,000 | 1,436,000 | 1,977,000 |
| Noninterest income | 64,000 | 117,000 | 182,000 | 234,000 |
| Noninterest expense | 356,000 | 743,000 | 1,133,000 | 1,547,000 |
| Provision for loan losses | 0 | 100,000 | 100,000 | 100,000 |
| Pretax income | 155,000 | 186,000 | 385,000 | 564,000 |
| Income tax | 33,000 | 65,000 | 110,000 | 132,000 |
| Net income | 122,000 | 121,000 | 275,000 | 432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,070,000 | 9,919,000 | 10,073,000 | 10,131,000 |