Call reports 2020
CORNERSTONE COMMUNITY BANK — 2020
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 211,361,000 | 235,769,000 | 235,790,000 | 228,089,000 |
| Total loans | 189,768,000 | 212,373,000 | 219,170,000 | 210,096,000 |
| Allowance for loan losses | 2,908,000 | 3,004,000 | 3,074,000 | 3,392,000 |
| Securities available for sale | 105,000 | 107,000 | 106,000 | 105,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 920,000 | 939,000 | 958,000 | 1,134,000 |
| Total deposits | 165,812,000 | 184,311,000 | 183,660,000 | 186,017,000 |
| Interest-bearing deposits | 119,987,000 | 118,928,000 | 116,469,000 | 121,676,000 |
| Noninterest-bearing deposits | 45,825,000 | 65,382,000 | 67,191,000 | 64,341,000 |
| Equity capital | 19,902,000 | 20,645,000 | 21,315,000 | 21,471,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,366,000 | 4,981,000 | 7,566,000 | 10,836,000 |
| Interest expense | 473,000 | 835,000 | 1,125,000 | 1,374,000 |
| Net interest income | 1,893,000 | 4,146,000 | 6,441,000 | 9,462,000 |
| Noninterest income | 216,000 | 622,000 | 1,044,000 | 1,692,000 |
| Noninterest expense | 1,333,000 | 2,610,000 | 3,925,000 | 5,348,000 |
| Provision for loan losses | 50,000 | 145,000 | 215,000 | 225,000 |
| Pretax income | 726,000 | 2,013,000 | 3,345,000 | 5,581,000 |
| Income tax | 195,000 | 540,000 | 901,000 | 1,511,000 |
| Net income | 531,000 | 1,473,000 | 2,444,000 | 4,070,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,902,000 | 20,645,000 | 21,315,000 | 21,471,000 |
| Total capital | 22,466,000 | — | — | — |
| Risk-weighted assets | 204,802,000 | — | — | — |