Call reports 2017
CORNERSTONE NATIONAL BANK — 2017
What CORNERSTONE NATIONAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Total assets | 152,820,000 | 150,804,000 | 146,461,000 |
| Total loans | 67,887,000 | 66,192,000 | 61,578,000 |
| Allowance for loan losses | 1,030,000 | 1,030,000 | 1,052,000 |
| Securities available for sale | 46,026,000 | 45,426,000 | 43,659,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 131,955,000 | 131,320,000 | 127,418,000 |
| Interest-bearing deposits | 103,566,000 | 103,798,000 | 102,056,000 |
| Noninterest-bearing deposits | 28,388,000 | 27,522,000 | 25,361,000 |
| Equity capital | 19,581,000 | 18,299,000 | 18,046,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Interest income | 1,149,000 | 2,354,000 | 3,506,000 |
| Interest expense | 98,000 | 197,000 | 291,000 |
| Net interest income | 1,051,000 | 2,157,000 | 3,215,000 |
| Noninterest income | 204,000 | 399,000 | 594,000 |
| Noninterest expense | 1,010,000 | 1,965,000 | 3,599,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 245,000 | 591,000 | 210,000 |
| Income tax | 81,000 | 197,000 | 53,000 |
| Net income | 164,000 | 394,000 | 157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Tier 1 capital | 19,603,000 | 18,039,000 | 17,744,000 |
| Total capital | 20,633,000 | 19,069,000 | 18,717,000 |
| Risk-weighted assets | 84,576,000 | 82,851,000 | 77,728,000 |