Call reports 2018
CORNERSTONE BANK, INC. — 2018
What CORNERSTONE BANK, INC. 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 | 163,238,000 | 159,349,000 | 172,487,000 | 173,397,000 |
| Total loans | 37,739,000 | 38,176,000 | 37,790,000 | 38,356,000 |
| Allowance for loan losses | 312,000 | 312,000 | 312,000 | 312,000 |
| Securities available for sale | 95,526,000 | 94,766,000 | 95,450,000 | 98,179,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,190,000 | 141,478,000 | 154,894,000 | 154,591,000 |
| Interest-bearing deposits | 79,927,000 | 78,481,000 | 78,905,000 | 79,306,000 |
| Noninterest-bearing deposits | 65,263,000 | 62,997,000 | 75,989,000 | 75,285,000 |
| Equity capital | 16,280,000 | 16,124,000 | 15,767,000 | 16,496,000 |
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 | 1,088,000 | 2,122,000 | 3,136,000 | 4,395,000 |
| Interest expense | 81,000 | 167,000 | 253,000 | 340,000 |
| Net interest income | 1,007,000 | 1,955,000 | 2,883,000 | 4,055,000 |
| Noninterest income | 115,000 | 235,000 | 348,000 | 475,000 |
| Noninterest expense | 809,000 | 1,549,000 | 2,347,000 | 3,162,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 313,000 | 658,000 | 960,000 | 1,444,000 |
| Income tax | 29,000 | 58,000 | 81,000 | 150,000 |
| Net income | 284,000 | 600,000 | 879,000 | 1,294,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,756,000 | 18,072,000 | 18,351,000 | 18,266,000 |
| Total capital | 18,068,000 | 18,384,000 | 18,663,000 | 18,578,000 |
| Risk-weighted assets | 61,445,000 | 61,592,000 | 64,365,000 | 64,484,000 |