Call reports 2019
CUMBERLAND SECURITY BANK, INC. — 2019
What CUMBERLAND SECURITY BANK, INC. 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 | 212,981,000 | 215,735,000 | 225,848,000 | 215,876,000 |
| Total loans | 167,563,000 | 173,379,000 | 176,283,000 | 177,250,000 |
| Allowance for loan losses | 4,668,000 | 4,530,000 | 4,631,000 | 4,778,000 |
| Securities available for sale | 22,596,000 | 22,838,000 | 27,883,000 | 25,903,000 |
| Securities held to maturity | 2,002,000 | 1,000,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,864,000 | 185,714,000 | 194,387,000 | 184,839,000 |
| Interest-bearing deposits | 119,146,000 | 119,584,000 | 127,338,000 | 117,538,000 |
| Noninterest-bearing deposits | 64,718,000 | 66,130,000 | 67,049,000 | 67,301,000 |
| Equity capital | 28,531,000 | 29,271,000 | 30,547,000 | 30,224,000 |
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 | 2,574,000 | 5,290,000 | 8,100,000 | 10,917,000 |
| Interest expense | 161,000 | 341,000 | 526,000 | 717,000 |
| Net interest income | 2,413,000 | 4,949,000 | 7,574,000 | 10,200,000 |
| Noninterest income | 512,000 | 1,097,000 | 1,731,000 | 2,393,000 |
| Noninterest expense | 1,465,000 | 2,917,000 | 4,360,000 | 5,774,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 340,000 |
| Pretax income | 1,400,000 | 3,009,000 | 4,765,000 | 6,479,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,400,000 | 3,009,000 | 4,765,000 | 6,479,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,472,000 | 29,106,000 | 30,362,000 | 30,076,000 |
| Total capital | 30,537,000 | 31,218,000 | 32,462,000 | 32,234,000 |
| Risk-weighted assets | 162,610,000 | 166,560,000 | 165,438,000 | 170,048,000 |