Call reports 2016
CORNERSTONE BANK, INC. — 2016
What CORNERSTONE BANK, INC. 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 | 173,090,000 | 164,333,000 | 177,292,000 | 169,368,000 |
| Total loans | 31,179,000 | 31,571,000 | 33,862,000 | 32,743,000 |
| Allowance for loan losses | 289,000 | 289,000 | 288,000 | 289,000 |
| Securities available for sale | 103,932,000 | 112,736,000 | 98,059,000 | 101,134,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,653,000 | 144,897,000 | 157,766,000 | 151,655,000 |
| Interest-bearing deposits | 85,174,000 | 83,815,000 | 83,287,000 | 82,539,000 |
| Noninterest-bearing deposits | 69,479,000 | 61,082,000 | 74,479,000 | 69,116,000 |
| Equity capital | 16,764,000 | 17,536,000 | 17,671,000 | 16,126,000 |
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 | 1,080,000 | 2,155,000 | 3,207,000 | 4,219,000 |
| Interest expense | 91,000 | 177,000 | 264,000 | 348,000 |
| Net interest income | 989,000 | 1,978,000 | 2,943,000 | 3,871,000 |
| Noninterest income | 61,000 | 125,000 | 195,000 | 254,000 |
| Noninterest expense | 709,000 | 1,394,000 | 2,098,000 | 2,851,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 341,000 | 715,000 | 1,079,000 | 1,313,000 |
| Income tax | 69,000 | 121,000 | 166,000 | 241,000 |
| Net income | 272,000 | 594,000 | 913,000 | 1,072,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,572,000 | 15,986,000 | 17,215,000 | 16,997,000 |
| Total capital | 16,861,000 | 16,275,000 | 17,504,000 | 17,286,000 |
| Risk-weighted assets | 54,979,000 | 53,551,000 | 58,797,000 | 59,694,000 |