Call reports 2019
CORNERSTONE BANK — 2019
What CORNERSTONE BANK 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 | 151,557,000 | 160,044,000 | 168,787,000 | 166,513,000 |
| Total loans | 128,693,000 | 131,546,000 | 130,048,000 | 137,959,000 |
| Allowance for loan losses | 1,391,000 | 1,431,000 | 1,317,000 | 1,228,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,486,000 | 5,737,000 | 4,989,000 | 4,490,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,149,000 | 142,939,000 | 151,538,000 | 148,901,000 |
| Interest-bearing deposits | 109,610,000 | 118,314,000 | 123,684,000 | 123,083,000 |
| Noninterest-bearing deposits | 24,539,000 | 24,625,000 | 27,854,000 | 25,818,000 |
| Equity capital | 16,548,000 | 16,774,000 | 16,888,000 | 17,194,000 |
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 | 1,813,000 | 3,723,000 | 5,691,000 | 7,644,000 |
| Interest expense | 345,000 | 765,000 | 1,261,000 | 1,758,000 |
| Net interest income | 1,468,000 | 2,958,000 | 4,430,000 | 5,886,000 |
| Noninterest income | 183,000 | 365,000 | 585,000 | 788,000 |
| Noninterest expense | 1,289,000 | 2,641,000 | 4,062,000 | 5,550,000 |
| Provision for loan losses | 0 | 40,000 | 201,000 | 111,000 |
| Pretax income | 362,000 | 642,000 | 752,000 | 1,013,000 |
| Income tax | 42,000 | 102,000 | 110,000 | 184,000 |
| Net income | 320,000 | 540,000 | 642,000 | 829,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,548,000 | 16,774,000 | 16,888,000 | 17,194,000 |
| Total capital | 17,945,000 | 18,211,000 | 18,211,000 | 18,428,000 |
| Risk-weighted assets | 120,317,000 | 121,978,000 | 122,376,000 | 130,936,000 |