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 | 223,559,000 | 222,106,000 | 231,092,000 | 237,981,000 |
| Total loans | 182,946,000 | 184,068,000 | 193,514,000 | 198,159,000 |
| Allowance for loan losses | 2,408,000 | 2,387,000 | 2,373,000 | 2,216,000 |
| Securities available for sale | 22,286,000 | 20,490,000 | 19,454,000 | 20,516,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 186,450,000 | 189,115,000 | 194,208,000 | 196,038,000 |
| Interest-bearing deposits | 144,989,000 | 146,652,000 | 146,777,000 | 152,836,000 |
| Noninterest-bearing deposits | 41,461,000 | 42,463,000 | 47,431,000 | 43,202,000 |
| Equity capital | 21,342,000 | 21,605,000 | 22,710,000 | 22,564,000 |
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 | 2,637,000 | 5,329,000 | 8,154,000 | 10,926,000 |
| Interest expense | 735,000 | 1,530,000 | 2,314,000 | 3,043,000 |
| Net interest income | 1,902,000 | 3,799,000 | 5,840,000 | 7,883,000 |
| Noninterest income | 44,000 | 116,000 | 189,000 | 245,000 |
| Noninterest expense | 1,034,000 | 2,094,000 | 3,103,000 | 4,131,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 912,000 | 1,829,000 | 2,934,000 | 4,005,000 |
| Income tax | 39,000 | 78,000 | 124,000 | 169,000 |
| Net income | 873,000 | 1,751,000 | 2,810,000 | 3,836,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,207,000 | 21,214,000 | 22,223,000 | 22,101,000 |
| Total capital | 23,406,000 | 23,388,000 | 24,512,000 | 24,317,000 |
| Risk-weighted assets | 175,718,000 | 173,728,000 | 183,054,000 | 187,997,000 |