Call reports 2016
CORNERSTONE COMMUNITY BANK — 2016
What CORNERSTONE COMMUNITY BANK 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 | 154,740,000 | 163,166,000 | 160,574,000 | 167,359,000 |
| Total loans | 136,824,000 | 145,212,000 | 142,750,000 | 152,959,000 |
| Allowance for loan losses | 1,854,000 | 1,944,000 | 2,063,000 | 2,138,000 |
| Securities available for sale | 778,000 | 763,000 | 749,000 | 402,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 540,000 | 555,000 | 570,000 | 628,000 |
| Total deposits | 132,112,000 | 134,523,000 | 131,568,000 | 138,104,000 |
| Interest-bearing deposits | 105,454,000 | 104,329,000 | 99,296,000 | 105,864,000 |
| Noninterest-bearing deposits | 26,658,000 | 30,194,000 | 32,272,000 | 32,240,000 |
| Equity capital | 13,258,000 | 14,134,000 | 14,421,000 | 14,555,000 |
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 | 1,707,000 | 3,428,000 | 5,217,000 | 7,033,000 |
| Interest expense | 167,000 | 348,000 | 550,000 | 734,000 |
| Net interest income | 1,540,000 | 3,080,000 | 4,667,000 | 6,299,000 |
| Noninterest income | 149,000 | 313,000 | 544,000 | 773,000 |
| Noninterest expense | 998,000 | 2,005,000 | 3,049,000 | 4,157,000 |
| Provision for loan losses | 110,000 | 195,000 | 340,000 | 415,000 |
| Pretax income | 581,000 | 1,193,000 | 1,822,000 | 2,500,000 |
| Income tax | 219,000 | 452,000 | 691,000 | 950,000 |
| Net income | 362,000 | 741,000 | 1,131,000 | 1,550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,243,000 | 14,122,000 | 14,412,000 | 14,551,000 |
| Total capital | 14,969,000 | 15,977,000 | 16,242,000 | 16,500,000 |
| Risk-weighted assets | 137,952,000 | 148,339,000 | 146,128,000 | 155,699,000 |