Call reports 2019
CORNERSTONE COMMUNITY BANK — 2019
What CORNERSTONE COMMUNITY BANK 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 | 202,875,000 | 201,453,000 | 205,920,000 | 215,211,000 |
| Total loans | 174,296,000 | 185,329,000 | 182,948,000 | 179,139,000 |
| Allowance for loan losses | 2,704,000 | 2,771,000 | 2,842,000 | 2,858,000 |
| Securities available for sale | 108,000 | 108,000 | 108,000 | 107,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 843,000 | 836,000 | 883,000 | 903,000 |
| Total deposits | 166,630,000 | 167,358,000 | 171,106,000 | 180,232,000 |
| Interest-bearing deposits | 115,077,000 | 118,351,000 | 118,422,000 | 129,484,000 |
| Noninterest-bearing deposits | 51,552,000 | 49,007,000 | 52,683,000 | 50,748,000 |
| Equity capital | 18,138,000 | 18,387,000 | 18,844,000 | 19,291,000 |
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 | 2,322,000 | 4,776,000 | 7,285,000 | 9,764,000 |
| Interest expense | 484,000 | 985,000 | 1,516,000 | 1,997,000 |
| Net interest income | 1,838,000 | 3,791,000 | 5,769,000 | 7,767,000 |
| Noninterest income | 137,000 | 276,000 | 521,000 | 803,000 |
| Noninterest expense | 1,198,000 | 2,474,000 | 3,838,000 | 5,136,000 |
| Provision for loan losses | 45,000 | 110,000 | 180,000 | 195,000 |
| Pretax income | 732,000 | 1,483,000 | 2,272,000 | 3,239,000 |
| Income tax | 196,000 | 395,000 | 607,000 | 867,000 |
| Net income | 536,000 | 1,088,000 | 1,665,000 | 2,372,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,138,000 | 18,387,000 | 18,843,000 | 19,291,000 |
| Total capital | 20,393,000 | 20,763,000 | 21,241,000 | 21,773,000 |
| Risk-weighted assets | 179,944,000 | 189,712,000 | 191,360,000 | 198,158,000 |