Cedar Rapids Bank and Trust Company
Cedar Rapids, Iowa, Linn County
$2.9B in total assets, the 452nd largest of 4,309 US banks and 6th of 227 headquartered in Iowa.
- FDIC certificate
- 57244
- Established
- 2001
- Owned by
- Qcr Holdings Inc
- Primary regulator
- FED
- Website
- www.CRBT.bank
At a glance
Compared with 26 banks headquartered in Iowa with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.9B | 81% | $1.7B | |
| Loans | $2.0B | 81% | $1.3B | |
| Deposits | $2.1B | 73% | $1.5B | |
| Return on assets | 3.08% | 98% | 1.28% | |
| Net interest margin | 3.63% | 62% | 3.49% | |
| Efficiency ratio | 40.4% | 8% | 52.3% | |
| Equity to assets | 16.86% | 98% | 10.14% | |
| Loans to deposits | 97% | 73% | 90% |
Growth
Total assets grew 8.8% a year over the last 5 years and 12.3% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Dec 2017 | Guaranty Bank and Trust Company Cedar Rapids, IA | $257M |
| Oct 2013 | Community National Bank Waterloo, IA, an affiliate under the same holding company | $276M |
Where they operate
9 branches in 2 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Linn County, IA | $1.9B | 26.7% | 1 of 26 |
| Black Hawk County, IA | $139M | 5.2% | 7 of 13 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 4 branches since 2016 (5 to 9, +80.0%). 1 opened, 3 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 5 | |||
| 2017 | Acquired Guaranty Bank and Trust Company | 3 | 0 | +3 | 8 |
| 2019 | Opened Cedar Rapids | 1 | 0 | +1 | 9 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Multifamily | 35% | 10% | |
| Business (C&I) | 24% | 13% | |
| Commercial real estate | 17% | 22% | |
| Construction and land | 12% | 8% | |
| 1-4 family residential | 7% | 21% | |
| Consumer | 0% | 1% | |
| Farmland | 0% | 13% | |
| Agricultural | 0% | 10% | |
| Other | 5% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 77% | 57% | |
| Noninterest-bearing | 14% | 15% | |
| Time deposits | 10% | 28% |
Brokered deposits are 12.6% of deposits (peers 4.5%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.54% | 0.28% |
| Net charge-offs, annualized | 0.23% | 0.01% |
| Reserves to loans | 1.19% | 1.22% |
| Leverage ratio | 16.94% | 10.19% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Iowa
Largest competitors in Linn County, IA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/cedar-rapids-bank-trust-cedar-rapids-ia