Call reports 2023
CORNERSTONE COMMUNITY BANK — 2023
What CORNERSTONE COMMUNITY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Total assets | 252,332,000 | 235,530,000 |
| Total loans | 207,934,000 | 196,781,000 |
| Allowance for loan losses | 0 | 0 |
| Securities available for sale | 75,000 | 75,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 615,000 | 629,000 |
| Total deposits | 192,314,000 | 180,480,000 |
| Interest-bearing deposits | 112,765,000 | 106,519,000 |
| Noninterest-bearing deposits | 79,549,000 | 73,961,000 |
| Equity capital | 42,415,000 | 42,970,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Interest income | 2,748,000 | 5,477,000 |
| Interest expense | 680,000 | 1,512,000 |
| Net interest income | 2,068,000 | 3,965,000 |
| Noninterest income | 171,000 | 333,000 |
| Noninterest expense | 1,111,000 | 2,115,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 1,128,000 | 2,183,000 |
| Income tax | 0 | 0 |
| Net income | 1,128,000 | 2,183,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 |
|---|---|---|
| Tier 1 capital | 26,450,000 | 21,397,000 |