Call reports 2017
CORNERSTONE BANK — 2017
What CORNERSTONE 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 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 189,852,000 | 194,461,000 | 190,846,000 | 193,007,000 |
| Total loans | 72,786,000 | 73,308,000 | 72,738,000 | 74,764,000 |
| Allowance for loan losses | 916,000 | 903,000 | 908,000 | 1,032,000 |
| Securities available for sale | 82,306,000 | 93,507,000 | 94,736,000 | 98,463,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,531,000 | 178,796,000 | 174,802,000 | 177,864,000 |
| Interest-bearing deposits | 134,048,000 | 135,914,000 | 129,452,000 | 134,428,000 |
| Noninterest-bearing deposits | 41,483,000 | 42,882,000 | 45,350,000 | 43,436,000 |
| Equity capital | 12,356,000 | 13,291,000 | 13,549,000 | 13,178,000 |
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 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,429,000 | 2,928,000 | 4,483,000 | 6,093,000 |
| Interest expense | 107,000 | 218,000 | 329,000 | 438,000 |
| Net interest income | 1,322,000 | 2,710,000 | 4,154,000 | 5,655,000 |
| Noninterest income | 275,000 | 555,000 | 827,000 | 1,116,000 |
| Noninterest expense | 1,292,000 | 2,603,000 | 3,930,000 | 5,292,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 318,000 | 714,000 | 1,158,000 | 1,489,000 |
| Income tax | 32,000 | 90,000 | 160,000 | 58,000 |
| Net income | 286,000 | 624,000 | 998,000 | 1,431,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,174,000 | 14,485,000 | 14,832,000 | 14,900,000 |
| Total capital | 15,090,000 | 15,388,000 | 15,740,000 | 15,932,000 |
| Risk-weighted assets | 95,054,000 | 98,548,000 | 97,816,000 | 98,340,000 |