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 | 181,201,000 | 193,143,000 | 194,825,000 | 197,376,000 |
| Total loans | 141,041,000 | 152,147,000 | 155,542,000 | 157,856,000 |
| Allowance for loan losses | 2,607,000 | 2,258,000 | 2,272,000 | 2,285,000 |
| Securities available for sale | 21,555,000 | 20,809,000 | 20,030,000 | 22,834,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 148,448,000 | 154,350,000 | 158,028,000 | 156,018,000 |
| Interest-bearing deposits | 116,439,000 | 122,390,000 | 122,729,000 | 120,844,000 |
| Noninterest-bearing deposits | 32,009,000 | 31,960,000 | 35,299,000 | 35,174,000 |
| Equity capital | 17,620,000 | 18,563,000 | 18,588,000 | 18,527,000 |
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 | 1,883,000 | 3,868,000 | 5,991,000 | 8,116,000 |
| Interest expense | 306,000 | 646,000 | 1,020,000 | 1,402,000 |
| Net interest income | 1,577,000 | 3,222,000 | 4,971,000 | 6,714,000 |
| Noninterest income | -45,000 | -363,000 | -398,000 | -646,000 |
| Noninterest expense | 1,006,000 | 1,988,000 | 3,009,000 | 4,115,000 |
| Provision for loan losses | 0 | -500,000 | -500,000 | -500,000 |
| Pretax income | 528,000 | 1,373,000 | 2,066,000 | 2,454,000 |
| Income tax | 102,000 | 161,000 | 215,000 | 256,000 |
| Net income | 426,000 | 1,212,000 | 1,851,000 | 2,198,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,752,000 | 18,538,000 | 18,577,000 | 18,774,000 |
| Total capital | 19,544,000 | 20,441,000 | 20,494,000 | 20,729,000 |
| Risk-weighted assets | 142,509,000 | 151,846,000 | 153,026,000 | 156,075,000 |