Call reports 2018
CORNERSTONE BANK — 2018
What CORNERSTONE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 134,667,000 | 141,255,000 | 151,239,000 | 148,621,000 |
| Total loans | 113,838,000 | 118,892,000 | 124,159,000 | 129,727,000 |
| Allowance for loan losses | 1,379,000 | 1,435,000 | 1,464,000 | 1,393,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,484,000 | 7,484,000 | 7,485,000 | 7,486,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,604,000 | 125,192,000 | 134,462,000 | 131,467,000 |
| Interest-bearing deposits | 96,761,000 | 102,222,000 | 101,791,000 | 100,740,000 |
| Noninterest-bearing deposits | 21,843,000 | 22,970,000 | 32,671,000 | 30,727,000 |
| Equity capital | 15,571,000 | 15,872,000 | 16,327,000 | 16,838,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,592,000 | 3,294,000 | 5,058,000 | 7,021,000 |
| Interest expense | 223,000 | 483,000 | 768,000 | 1,072,000 |
| Net interest income | 1,369,000 | 2,811,000 | 4,290,000 | 5,949,000 |
| Noninterest income | 120,000 | 240,000 | 386,000 | 556,000 |
| Noninterest expense | 1,060,000 | 2,168,000 | 3,317,000 | 4,539,000 |
| Provision for loan losses | 130,000 | 201,000 | 227,000 | 227,000 |
| Pretax income | 299,000 | 682,000 | 1,132,000 | 1,739,000 |
| Income tax | 63,000 | 145,000 | 240,000 | 311,000 |
| Net income | 236,000 | 537,000 | 892,000 | 1,428,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,571,000 | 15,872,000 | 16,327,000 | 16,838,000 |
| Total capital | 16,913,000 | 17,249,000 | 17,794,000 | 18,237,000 |
| Risk-weighted assets | 107,377,000 | 110,096,000 | 117,419,000 | 119,172,000 |