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 | 127,401,000 | 124,393,000 | 129,285,000 | 128,349,000 |
| Total loans | 103,214,000 | 106,448,000 | 103,957,000 | 105,594,000 |
| Allowance for loan losses | 1,404,000 | 1,482,000 | 1,534,000 | 1,493,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,750,000 | 9,750,000 | 9,250,000 | 10,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,658,000 | 110,452,000 | 115,082,000 | 113,876,000 |
| Interest-bearing deposits | 91,986,000 | 91,588,000 | 91,178,000 | 91,473,000 |
| Noninterest-bearing deposits | 21,672,000 | 18,864,000 | 23,904,000 | 22,403,000 |
| Equity capital | 13,535,000 | 13,751,000 | 13,929,000 | 14,251,000 |
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 | 1,438,000 | 2,886,000 | 4,387,000 | 5,861,000 |
| Interest expense | 199,000 | 406,000 | 613,000 | 818,000 |
| Net interest income | 1,239,000 | 2,480,000 | 3,774,000 | 5,043,000 |
| Noninterest income | 126,000 | 261,000 | 399,000 | 566,000 |
| Noninterest expense | 1,027,000 | 2,076,000 | 3,239,000 | 4,185,000 |
| Provision for loan losses | 159,000 | 171,000 | 171,000 | 181,000 |
| Pretax income | 179,000 | 494,000 | 763,000 | 1,243,000 |
| Income tax | 61,000 | 168,000 | 259,000 | 423,000 |
| Net income | 118,000 | 326,000 | 504,000 | 820,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,535,000 | 13,751,000 | 13,929,000 | 14,251,000 |
| Total capital | 14,800,000 | 15,055,000 | 15,202,000 | 15,513,000 |
| Risk-weighted assets | 101,089,000 | 104,191,000 | 101,635,000 | 100,762,000 |