Call reports 2022
CORNERSTONE BANK — 2022
What CORNERSTONE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 356,151,000 | 369,296,000 | 374,346,000 | 398,740,000 |
| Total loans | 304,625,000 | 315,019,000 | 322,775,000 | 344,428,000 |
| Allowance for loan losses | 4,404,000 | 4,325,000 | 4,434,000 | 4,356,000 |
| Securities available for sale | 13,374,000 | 15,139,000 | 17,376,000 | 18,072,000 |
| Securities held to maturity | 0 | 0 | 5,624,000 | 6,094,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 314,640,000 | 316,124,000 | 302,964,000 | 310,806,000 |
| Interest-bearing deposits | 239,614,000 | 236,686,000 | 224,218,000 | 230,632,000 |
| Noninterest-bearing deposits | 75,026,000 | 79,438,000 | 78,746,000 | 80,174,000 |
| Equity capital | 32,903,000 | 32,065,000 | 32,368,000 | 34,677,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,589,000 | 7,425,000 | 11,492,000 | 16,139,000 |
| Interest expense | 226,000 | 529,000 | 1,093,000 | 2,263,000 |
| Net interest income | 3,363,000 | 6,896,000 | 10,399,000 | 13,876,000 |
| Noninterest income | -243,000 | -489,000 | -901,000 | -702,000 |
| Noninterest expense | 1,503,000 | 3,066,000 | 4,632,000 | 6,131,000 |
| Provision for loan losses | 750,000 | 1,938,000 | 2,091,000 | 1,954,000 |
| Pretax income | 867,000 | 1,403,000 | 2,746,000 | 5,060,000 |
| Income tax | 43,000 | 66,000 | 123,000 | 221,000 |
| Net income | 824,000 | 1,337,000 | 2,623,000 | 4,839,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,388,000 | 32,992,000 | 33,700,000 | 35,917,000 |