Call reports 2019
CORNERSTONE BANK, INC. — 2019
What CORNERSTONE BANK, INC. 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 | 174,660,000 | 169,666,000 | 191,901,000 | 194,797,000 |
| Total loans | 42,978,000 | 44,021,000 | 43,177,000 | 39,842,000 |
| Allowance for loan losses | 306,000 | 314,000 | 314,000 | 312,000 |
| Securities available for sale | 98,313,000 | 97,160,000 | 94,384,000 | 90,075,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,998,000 | 148,437,000 | 169,828,000 | 172,855,000 |
| Interest-bearing deposits | 83,332,000 | 83,305,000 | 84,255,000 | 88,508,000 |
| Noninterest-bearing deposits | 71,666,000 | 65,132,000 | 85,573,000 | 84,347,000 |
| Equity capital | 17,647,000 | 19,002,000 | 19,663,000 | 18,715,000 |
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 | 1,259,000 | 2,594,000 | 3,876,000 | 5,169,000 |
| Interest expense | 92,000 | 189,000 | 289,000 | 405,000 |
| Net interest income | 1,167,000 | 2,405,000 | 3,587,000 | 4,764,000 |
| Noninterest income | 117,000 | 242,000 | 353,000 | 1,051,000 |
| Noninterest expense | 755,000 | 1,536,000 | 2,368,000 | 5,104,000 |
| Provision for loan losses | 15,000 | 30,000 | 30,000 | 30,000 |
| Pretax income | 514,000 | 1,081,000 | 1,542,000 | 681,000 |
| Income tax | 89,000 | 210,000 | 307,000 | 40,000 |
| Net income | 425,000 | 871,000 | 1,235,000 | 641,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,690,000 | 19,136,000 | 19,500,000 | 18,404,000 |
| Total capital | 18,996,000 | 19,450,000 | 19,814,000 | 18,718,000 |
| Risk-weighted assets | 67,945,000 | 67,635,000 | 71,735,000 | 70,830,000 |