Call reports 2018
CORNERSTONE COMMUNITY BANK — 2018
What CORNERSTONE COMMUNITY BANK 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 | 186,429,000 | 193,482,000 | 192,682,000 | 200,934,000 |
| Total loans | 170,719,000 | 175,442,000 | 172,115,000 | 174,816,000 |
| Allowance for loan losses | 2,489,000 | 2,566,000 | 2,607,000 | 2,659,000 |
| Securities available for sale | 369,000 | 108,000 | 107,000 | 107,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 777,000 | 798,000 | 813,000 | 828,000 |
| Total deposits | 154,013,000 | 155,446,000 | 154,077,000 | 161,739,000 |
| Interest-bearing deposits | 116,935,000 | 117,034,000 | 111,428,000 | 112,834,000 |
| Noninterest-bearing deposits | 37,079,000 | 38,411,000 | 42,648,000 | 48,904,000 |
| Equity capital | 16,669,000 | 17,107,000 | 17,530,000 | 17,879,000 |
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 | 2,073,000 | 4,252,000 | 6,520,000 | 8,857,000 |
| Interest expense | 300,000 | 663,000 | 1,096,000 | 1,520,000 |
| Net interest income | 1,773,000 | 3,589,000 | 5,424,000 | 7,337,000 |
| Noninterest income | 131,000 | 325,000 | 470,000 | 627,000 |
| Noninterest expense | 1,135,000 | 2,315,000 | 3,503,000 | 4,668,000 |
| Provision for loan losses | 75,000 | 150,000 | 200,000 | 250,000 |
| Pretax income | 694,000 | 1,449,000 | 2,191,000 | 3,046,000 |
| Income tax | 183,000 | 384,000 | 583,000 | 810,000 |
| Net income | 511,000 | 1,065,000 | 1,608,000 | 2,236,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,668,000 | 17,107,000 | 17,530,000 | 17,879,000 |
| Total capital | 18,812,000 | 19,345,000 | 19,736,000 | 20,090,000 |
| Risk-weighted assets | 171,187,000 | 178,693,000 | 176,100,000 | 176,467,000 |