Call reports 2016
CORNERSTONE BANK — 2016
What CORNERSTONE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 163,213,000 | 159,051,000 | 165,425,000 | 173,458,000 |
| Total loans | 121,170,000 | 121,838,000 | 125,912,000 | 134,332,000 |
| Allowance for loan losses | 2,483,000 | 2,514,000 | 2,639,000 | 2,573,000 |
| Securities available for sale | 18,949,000 | 18,355,000 | 19,921,000 | 20,171,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,852,000 | 124,386,000 | 132,609,000 | 140,347,000 |
| Interest-bearing deposits | 96,604,000 | 95,834,000 | 101,543,000 | 107,913,000 |
| Noninterest-bearing deposits | 29,248,000 | 28,552,000 | 31,066,000 | 32,434,000 |
| Equity capital | 16,198,000 | 16,787,000 | 17,186,000 | 17,009,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,680,000 | 3,339,000 | 5,021,000 | 6,783,000 |
| Interest expense | 274,000 | 552,000 | 843,000 | 1,287,000 |
| Net interest income | 1,406,000 | 2,787,000 | 4,178,000 | 5,496,000 |
| Noninterest income | 58,000 | 136,000 | 195,000 | 229,000 |
| Noninterest expense | 1,109,000 | 2,165,000 | 3,158,000 | 4,136,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 365,000 | 768,000 | 1,230,000 | 1,605,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 365,000 | 768,000 | 1,230,000 | 1,605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,087,000 | 16,490,000 | 16,951,000 | 17,326,000 |
| Total capital | 17,889,000 | 18,299,000 | 18,777,000 | 19,060,000 |
| Risk-weighted assets | 143,447,000 | 144,043,000 | 145,393,000 | 137,955,000 |