Call reports 2017
CORNERSTONE BANK — 2017
What CORNERSTONE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 790,606,000 | 821,066,000 | 825,962,000 | 838,911,000 |
| Total loans | 583,914,000 | 609,374,000 | 617,325,000 | 627,880,000 |
| Allowance for loan losses | 9,028,000 | 9,776,000 | 10,188,000 | 9,340,000 |
| Securities available for sale | 140,986,000 | 140,206,000 | 139,826,000 | 136,702,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 696,294,000 | 720,435,000 | 709,285,000 | 752,316,000 |
| Interest-bearing deposits | 518,303,000 | 532,517,000 | 529,275,000 | 558,384,000 |
| Noninterest-bearing deposits | 177,991,000 | 187,919,000 | 180,010,000 | 193,932,000 |
| Equity capital | 69,726,000 | 71,654,000 | 76,770,000 | 76,467,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 7,482,000 | 15,375,000 | 23,423,000 | 31,431,000 |
| Interest expense | 556,000 | 1,173,000 | 1,852,000 | 2,549,000 |
| Net interest income | 6,926,000 | 14,202,000 | 21,571,000 | 28,882,000 |
| Noninterest income | 1,359,000 | 3,137,000 | 5,268,000 | 6,785,000 |
| Noninterest expense | 5,913,000 | 12,760,000 | 19,420,000 | 26,386,000 |
| Provision for loan losses | 250,000 | 500,000 | 750,000 | 1,000,000 |
| Pretax income | 2,122,000 | 4,085,000 | 6,675,000 | 8,287,000 |
| Income tax | 62,000 | 153,000 | 248,000 | 487,000 |
| Net income | 2,060,000 | 3,932,000 | 6,427,000 | 7,800,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,796,000 | 69,056,000 | 74,408,000 | 75,297,000 |
| Total capital | 76,072,000 | 77,546,000 | 82,914,000 | 83,905,000 |
| Risk-weighted assets | 661,298,000 | 677,945,000 | 678,817,000 | 687,942,000 |