Call reports 2019
CORNERSTONE BANK — 2019
What CORNERSTONE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 930,079,000 | 921,330,000 | 969,801,000 | 983,657,000 |
| Total loans | 659,305,000 | 663,083,000 | 645,635,000 | 670,241,000 |
| Allowance for loan losses | 10,493,000 | 10,424,000 | 10,511,000 | 9,445,000 |
| Securities available for sale | 171,938,000 | 181,043,000 | 188,218,000 | 185,348,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 843,359,000 | 831,559,000 | 876,889,000 | 891,107,000 |
| Interest-bearing deposits | 630,172,000 | 642,195,000 | 703,407,000 | 653,328,000 |
| Noninterest-bearing deposits | 213,187,000 | 189,364,000 | 173,482,000 | 237,779,000 |
| Equity capital | 81,438,000 | 83,555,000 | 85,731,000 | 85,726,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 9,287,000 | 18,902,000 | 28,614,000 | 38,466,000 |
| Interest expense | 1,089,000 | 2,393,000 | 3,873,000 | 5,413,000 |
| Net interest income | 8,198,000 | 16,509,000 | 24,741,000 | 33,053,000 |
| Noninterest income | 1,048,000 | 2,163,000 | 3,771,000 | 5,109,000 |
| Noninterest expense | 6,585,000 | 13,062,000 | 20,051,000 | 26,722,000 |
| Provision for loan losses | 286,000 | 572,000 | 757,000 | 653,000 |
| Pretax income | 2,384,000 | 5,083,000 | 7,860,000 | 11,027,000 |
| Income tax | 38,000 | 37,000 | 38,000 | 38,000 |
| Net income | 2,346,000 | 5,046,000 | 7,822,000 | 10,989,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,517,000 | 80,638,000 | 82,489,000 | 83,345,000 |
| Total capital | 89,819,000 | 89,777,000 | 91,560,000 | 92,638,000 |
| Risk-weighted assets | 742,976,000 | 729,874,000 | 724,254,000 | 743,311,000 |