Call reports 2017
CORNERSTONE COMMUNITY BANK — 2017
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 178,351,000 | 176,757,000 | 173,480,000 | 187,886,000 |
| Total loans | 155,109,000 | 158,959,000 | 158,089,000 | 169,780,000 |
| Allowance for loan losses | 2,165,000 | 2,252,000 | 2,369,000 | 2,410,000 |
| Securities available for sale | 394,000 | 388,000 | 381,000 | 373,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 643,000 | 659,000 | 675,000 | 760,000 |
| Total deposits | 148,268,000 | 146,288,000 | 144,198,000 | 155,765,000 |
| Interest-bearing deposits | 116,666,000 | 112,114,000 | 106,237,000 | 107,370,000 |
| Noninterest-bearing deposits | 31,602,000 | 34,174,000 | 37,961,000 | 48,395,000 |
| Equity capital | 15,379,000 | 15,665,000 | 16,689,000 | 16,414,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,839,000 | 3,771,000 | 5,791,000 | 7,771,000 |
| Interest expense | 200,000 | 436,000 | 677,000 | 905,000 |
| Net interest income | 1,639,000 | 3,335,000 | 5,114,000 | 6,866,000 |
| Noninterest income | 141,000 | 298,000 | 426,000 | 666,000 |
| Noninterest expense | 1,101,000 | 2,180,000 | 3,284,000 | 4,497,000 |
| Provision for loan losses | 60,000 | 145,000 | 250,000 | 290,000 |
| Pretax income | 619,000 | 1,308,000 | 2,006,000 | 2,745,000 |
| Income tax | 235,000 | 498,000 | 772,000 | 1,503,000 |
| Net income | 384,000 | 810,000 | 1,234,000 | 1,242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,374,000 | 15,660,000 | 16,685,000 | 16,412,000 |
| Total capital | 17,391,000 | 17,730,000 | 18,774,000 | 18,590,000 |
| Risk-weighted assets | 161,184,000 | 165,424,000 | 166,828,000 | 174,023,000 |