Call reports 2021
CORNERSTONE COMMUNITY BANK — 2021
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 240,737,000 | 228,722,000 | 235,466,000 | 250,326,000 |
| Total loans | 217,140,000 | 205,823,000 | 214,079,000 | 209,285,000 |
| Allowance for loan losses | 3,392,000 | 3,392,000 | 3,392,000 | 3,392,000 |
| Securities available for sale | 75,000 | 75,000 | 75,000 | 75,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,153,000 | 1,230,000 | 1,249,000 | 1,269,000 |
| Total deposits | 197,697,000 | 188,578,000 | 195,092,000 | 208,973,000 |
| Interest-bearing deposits | 119,572,000 | 115,399,000 | 81,421,000 | 80,919,000 |
| Noninterest-bearing deposits | 78,126,000 | 73,180,000 | 113,671,000 | 128,054,000 |
| Equity capital | 22,144,000 | 22,813,000 | 23,628,000 | 24,530,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,617,000 | 5,150,000 | 7,730,000 | 10,329,000 |
| Interest expense | 206,000 | 389,000 | 553,000 | 707,000 |
| Net interest income | 2,411,000 | 4,761,000 | 7,177,000 | 9,622,000 |
| Noninterest income | 473,000 | 880,000 | 1,113,000 | 1,347,000 |
| Noninterest expense | 1,426,000 | 2,833,000 | 4,235,000 | 5,512,000 |
| Provision for loan losses | 0 | 0 | -37,000 | -37,000 |
| Pretax income | 1,458,000 | 2,808,000 | 4,092,000 | 5,494,000 |
| Income tax | 395,000 | 757,000 | 1,105,000 | 1,486,000 |
| Net income | 1,063,000 | 2,051,000 | 2,987,000 | 4,008,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,144,000 | 22,813,000 | 23,628,000 | 24,530,000 |