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 | 132,443,000 | 131,042,000 | 136,209,000 | 137,396,000 |
| Total loans | 103,251,000 | 104,047,000 | 102,847,000 | 109,976,000 |
| Allowance for loan losses | 1,418,000 | 1,348,000 | 1,334,000 | 1,328,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 15,249,000 | 17,506,000 | 21,505,000 | 19,482,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,647,000 | 116,137,000 | 120,882,000 | 121,620,000 |
| Interest-bearing deposits | 95,761,000 | 95,137,000 | 98,062,000 | 99,490,000 |
| Noninterest-bearing deposits | 21,886,000 | 21,000,000 | 22,820,000 | 22,130,000 |
| Equity capital | 14,448,000 | 14,684,000 | 14,980,000 | 15,054,000 |
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 | 1,460,000 | 3,010,000 | 4,639,000 | 6,200,000 |
| Interest expense | 206,000 | 421,000 | 643,000 | 870,000 |
| Net interest income | 1,254,000 | 2,589,000 | 3,996,000 | 5,330,000 |
| Noninterest income | 118,000 | 234,000 | 368,000 | 493,000 |
| Noninterest expense | 1,073,000 | 2,166,000 | 3,259,000 | 4,267,000 |
| Provision for loan losses | 0 | 0 | 0 | 60,000 |
| Pretax income | 299,000 | 657,000 | 1,105,000 | 1,496,000 |
| Income tax | 102,000 | 224,000 | 376,000 | 671,000 |
| Net income | 197,000 | 433,000 | 729,000 | 825,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,448,000 | 14,684,000 | 14,980,000 | 15,054,000 |
| Total capital | 15,689,000 | 15,921,000 | 16,192,000 | 16,356,000 |
| Risk-weighted assets | 99,128,000 | 98,878,000 | 96,866,000 | 104,141,000 |