Call reports 2016
CORNERSTONE NATIONAL BANK — 2016
What CORNERSTONE NATIONAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 146,494,000 | 149,486,000 | 146,257,000 | 145,909,000 |
| Total loans | 75,157,000 | 79,085,000 | 73,047,000 | 72,508,000 |
| Allowance for loan losses | 1,227,000 | 1,227,000 | 1,227,000 | 1,030,000 |
| Securities available for sale | 44,882,000 | 44,168,000 | 45,194,000 | 43,747,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,946,000 | 128,620,000 | 125,864,000 | 126,114,000 |
| Interest-bearing deposits | 101,480,000 | 104,328,000 | 102,138,000 | 103,366,000 |
| Noninterest-bearing deposits | 24,466,000 | 24,293,000 | 23,726,000 | 22,748,000 |
| Equity capital | 19,201,000 | 19,697,000 | 19,820,000 | 19,273,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,264,000 | 2,549,000 | 3,760,000 | 4,932,000 |
| Interest expense | 107,000 | 206,000 | 308,000 | 408,000 |
| Net interest income | 1,157,000 | 2,343,000 | 3,452,000 | 4,524,000 |
| Noninterest income | 161,000 | 349,000 | 541,000 | 555,000 |
| Noninterest expense | 1,186,000 | 2,244,000 | 3,275,000 | 4,265,000 |
| Provision for loan losses | 0 | 0 | 0 | -200,000 |
| Pretax income | 245,000 | 561,000 | 831,000 | 1,127,000 |
| Income tax | 84,000 | 195,000 | 288,000 | 382,000 |
| Net income | 161,000 | 366,000 | 543,000 | 745,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,799,000 | 19,095,000 | 19,205,000 | 19,407,000 |
| Total capital | 19,973,000 | 20,298,000 | 20,336,000 | 20,437,000 |
| Risk-weighted assets | 93,822,000 | 96,142,000 | 90,279,000 | 89,527,000 |