Call reports 2022
CORNERSTONE COMMUNITY BANK — 2022
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 247,036,000 | 247,333,000 | 250,426,000 | 255,860,000 |
| Total loans | 209,157,000 | 214,690,000 | 215,784,000 | 213,924,000 |
| Allowance for loan losses | 3,392,000 | 3,392,000 | 3,392,000 | 3,393,000 |
| Securities available for sale | 75,000 | 11,949,000 | 14,822,000 | 75,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,301,000 | 1,336,000 | 1,370,000 | 1,292,000 |
| Total deposits | 206,011,000 | 205,382,000 | 207,619,000 | 211,742,000 |
| Interest-bearing deposits | 121,812,000 | 121,528,000 | 121,945,000 | 130,912,000 |
| Noninterest-bearing deposits | 84,199,000 | 83,854,000 | 85,675,000 | 80,830,000 |
| Equity capital | 24,492,000 | 25,188,000 | 25,788,000 | 24,480,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,380,000 | 4,818,000 | 7,461,000 | 10,147,000 |
| Interest expense | 142,000 | 288,000 | 498,000 | 869,000 |
| Net interest income | 2,238,000 | 4,530,000 | 6,963,000 | 9,278,000 |
| Noninterest income | 182,000 | 357,000 | 530,000 | 663,000 |
| Noninterest expense | 1,443,000 | 2,824,000 | 4,194,000 | 8,052,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 977,000 | 2,063,000 | 3,299,000 | 1,583,000 |
| Income tax | 265,000 | 555,000 | 886,000 | 453,000 |
| Net income | 712,000 | 1,508,000 | 2,413,000 | 1,130,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,492,000 | 25,188,000 | 25,843,000 | 24,480,000 |