Call reports 2018
CORNERSTONE BANK — 2018
What CORNERSTONE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 864,312,000 | 862,145,000 | 888,247,000 | 940,029,000 |
| Total loans | 630,117,000 | 644,996,000 | 644,413,000 | 657,516,000 |
| Allowance for loan losses | 9,671,000 | 10,358,000 | 10,243,000 | 10,210,000 |
| Securities available for sale | 135,017,000 | 141,207,000 | 163,209,000 | 163,044,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 777,430,000 | 784,722,000 | 808,054,000 | 856,527,000 |
| Interest-bearing deposits | 577,224,000 | 581,804,000 | 597,548,000 | 600,034,000 |
| Noninterest-bearing deposits | 200,206,000 | 202,918,000 | 210,506,000 | 256,493,000 |
| Equity capital | 76,829,000 | 71,927,000 | 74,212,000 | 77,908,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 8,117,000 | 16,669,000 | 26,080,000 | 35,411,000 |
| Interest expense | 715,000 | 1,451,000 | 2,244,000 | 3,071,000 |
| Net interest income | 7,402,000 | 15,218,000 | 23,836,000 | 32,340,000 |
| Noninterest income | 800,000 | 1,363,000 | 2,110,000 | 3,094,000 |
| Noninterest expense | 6,308,000 | 12,303,000 | 18,023,000 | 24,382,000 |
| Provision for loan losses | 300,000 | 300,000 | 300,000 | 100,000 |
| Pretax income | 1,594,000 | 3,978,000 | 7,623,000 | 10,952,000 |
| Income tax | 3,000 | 3,000 | 3,000 | 3,000 |
| Net income | 1,591,000 | 3,975,000 | 7,620,000 | 10,949,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,729,000 | 72,222,000 | 75,218,000 | 77,978,000 |
| Total capital | 85,484,000 | 81,219,000 | 84,276,000 | 87,181,000 |
| Risk-weighted assets | 699,468,000 | 718,406,000 | 723,449,000 | 735,263,000 |