Cedar Rapids Bank and Trust Company in Cedar Rapids, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Cedar Rapids Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 57244
    Status: Active
    Federal Reserve ID: 3029589
    Bank Holding Company (Regulatory Top Holder): Qcr Holdings, Inc. (RSSDID: 2125813, Location: Moline, IL)
    Date Established: September 14, 2001
    WWW: http://www.crbt.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 359966
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 14, 2001
    Last Structure Change Effective Date: July 31, 2009
    Last Structure Change Process Date: September 16, 2009
    Last Data Update: September 16, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 500 1st Avenue Ne, Suite 100, Cedar Rapids, IA 52401
    County: Linn
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Cedar Rapids, IA (#1360)
    Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
    CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $560.1 mil
    Equity capital: $53.1 mil
    Deposits held in domestic offices: $357.7 mil
    Return on assets (ROA): 0.93% ($5.2 mil)
    Quarterly return on assets: 0.84% ($4.7 mil)
    Return on Equity (ROE): 9.95% ($5.3 mil)
    Quarterly return on equity: 8.88% ($4.7 mil)
    Net income: $5.2 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 1.30% ($7,281.0 mil)
    Quarterly Pretax return on assets: 1.16% ($6,496.9 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 87Total employees (full-time equivalent)
  • $560,076Total assets
  • $25,128Cash and due from depository institutions
  • $9,769Interest-bearing balances
  • $151,511Securities
  • $551Federal funds sold & reverse repurchase agreements
  • $342,368Net loans & leases
  • $6,691Loan loss allowance
  • $2,085Trading account assets
  • $10,017Bank premises and fixed assets
  • $740Other real estate owned
  • $0Goodwill and other intangibles
  • $560,076Life insurance assets
  • $27,676All other assets
  • $507,012Total liabilities and capital
  • $357,718Total liabilities
  • $289,302Total deposits
  • $357,718Interest-bearing deposits
  • $71Deposits held in domestic offices
  • 66216.00%% insured (estimated)
  • $2,085Federal funds purchased & repurchase agreements
  • $75,900Trading liabilities
  • $0Other borrowed funds
  • $5,093Subordinated debt
  • $53,064All other liabilities
  • $53,064Total equity capital
  • $53,064Total bank equity capital
  • $0Perpetual preferred stock
  • $5,000Common stock
  • $38,750Surplus
  • $9,314Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,354Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,128Income earned, not collected on loans
  • $0Earning assets
  • $2,126Long-term assets (5+ years)
  • $504,199Average Assets, year-to-date
  • $197,948Average Assets, quarterly
  • $561,078Volatile liabilities
  • $562,995Insider loans
  • $389,976FHLB advances
  • $570,177Loans and leases held for sale
  • $12,710Unused loan commitments
  • $12,710Tier 1 (core) risk-based capital
  • $51,415Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $116,145Restructured Loans and leases
  • $13,154Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $23,378Total interest income
  • $7,521Total interest expense
  • $15,857Net interest income
  • $1,655Provision for loan and lease losses
  • $5,736Total noninterest income
  • $350Fiduciary activities
  • $1,325Service charges on deposit accounts
  • $39Trading account gains & fees
  • $4,022Additional noninterest income
  • $12,640Total noninterest expense
  • $7,426Salaries and employee benefits
  • $1,019Premises and equipment expense
  • $4,195Additional noninterest expense
  • $7,298Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,098Applicable income taxes
  • $5,200Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,200Net income attributable to bank
  • $0Net charge-offs
  • $5,200Cash dividends
  • $3,084Sale, conversion, retirement of capital stock, net
  • $4,250Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.59%Yield on earning assets
  • 1.48%Cost of funding earning assets
  • 3.11%Net interest margin
  • 1.13%Noninterest income to earning assets
  • 2.48%Noninterest expense to earning assets
  • 0.93%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 1.30%Pretax return on assets
  • 9.95%Return on equity (ROE)
  • 1.82%Retained earnings to average equity (YTD only)
  • 0.86%Net charge-offs to loans
  • 53.66%Credit loss provision to net charge-offs
  • 2.90%Efficiency ratio
  • 58,537Assets per employee
  • 6.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 81.73%Loss allowance to loans
  • 1.92%Loss allowance to noncurrent loans
  • 162.09%Noncurrent assets plus other real estate owned to assets
  • 0.87%Noncurrent loans to loans
  • 1.18%Net loans and leases to deposits
  • 95.71%Net loans and leases to core deposits
  • 137.65%Equity capital to assets
  • 9.47%Core capital (leverage) ratio
  • 9.02%Tier 1 risk-based capital ratio
  • 13.18%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $561,078Average earning assets
  • $52,270Average equity
  • $509,632Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $62,652Managed Assets
  • 1Number of Accounts
  • $62,652Personal trust and agency accounts
  • $16,487Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $14,071Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $32,094Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 71Number of Accounts
  • $0Personal trust and agency accounts
  • $14,071Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0359966Cedar Rapids Bank And Trust Company500 1st Avenue Ne, Suite 100, Cedar Rapids, IA 52401September 14, 2001Full Service Brick and Mortar
    2443466Council Street Branch5400 Council Street Ne, Cedar Rapids, IA 52402June 02, 2005Full Service Brick and Mortar

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