Call reports 2022
CORNERSTONE BANK — 2022
What CORNERSTONE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 192,206,000 | 201,861,000 | 207,091,000 | 209,937,000 |
| Total loans | 146,965,000 | 157,507,000 | 160,672,000 | 167,024,000 |
| Allowance for loan losses | 1,756,000 | 1,762,000 | 1,776,000 | 1,193,000 |
| Securities available for sale | 2,098,000 | 2,110,000 | 2,009,000 | 1,948,000 |
| Securities held to maturity | 21,338,000 | 21,334,000 | 21,329,000 | 21,325,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 172,811,000 | 182,437,000 | 186,267,000 | 176,498,000 |
| Interest-bearing deposits | 126,400,000 | 131,669,000 | 135,439,000 | 127,733,000 |
| Noninterest-bearing deposits | 46,411,000 | 50,768,000 | 50,828,000 | 48,765,000 |
| Equity capital | 18,631,000 | 19,099,000 | 18,976,000 | 20,061,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,880,000 | 3,811,000 | 5,919,000 | 8,266,000 |
| Interest expense | 171,000 | 316,000 | 503,000 | 798,000 |
| Net interest income | 1,709,000 | 3,495,000 | 5,416,000 | 7,468,000 |
| Noninterest income | 228,000 | 451,000 | 653,000 | 841,000 |
| Noninterest expense | 1,476,000 | 2,916,000 | 4,346,000 | 5,810,000 |
| Provision for loan losses | 10,000 | 10,000 | 10,000 | -590,000 |
| Pretax income | 451,000 | 1,020,000 | 1,713,000 | 3,089,000 |
| Income tax | 89,000 | 202,000 | 341,000 | 624,000 |
| Net income | 362,000 | 818,000 | 1,372,000 | 2,465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,688,000 | 19,144,000 | 19,041,000 | 20,134,000 |