Call reports 2018
CORNERSTONE BANK — 2018
What CORNERSTONE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 201,533,000 | 201,252,000 | 202,985,000 | 206,992,000 |
| Total loans | 76,464,000 | 77,272,000 | 79,312,000 | 81,447,000 |
| Allowance for loan losses | 1,036,000 | 1,044,000 | 1,065,000 | 1,031,000 |
| Securities available for sale | 95,205,000 | 100,567,000 | 98,220,000 | 98,299,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 187,214,000 | 187,054,000 | 188,903,000 | 191,997,000 |
| Interest-bearing deposits | 139,421,000 | 137,724,000 | 139,808,000 | 143,806,000 |
| Noninterest-bearing deposits | 47,793,000 | 49,330,000 | 49,095,000 | 48,191,000 |
| Equity capital | 12,442,000 | 12,568,000 | 12,422,000 | 13,572,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,607,000 | 3,284,000 | 5,011,000 | 6,788,000 |
| Interest expense | 121,000 | 256,000 | 441,000 | 654,000 |
| Net interest income | 1,486,000 | 3,028,000 | 4,570,000 | 6,134,000 |
| Noninterest income | 286,000 | 580,000 | 892,000 | 1,222,000 |
| Noninterest expense | 1,356,000 | 2,769,000 | 4,176,000 | 5,520,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 416,000 | 843,000 | 1,306,000 | 1,862,000 |
| Income tax | 45,000 | 93,000 | 153,000 | 208,000 |
| Net income | 371,000 | 750,000 | 1,153,000 | 1,654,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,270,000 | 15,650,000 | 16,054,000 | 16,646,000 |
| Total capital | 16,306,000 | 16,694,000 | 17,119,000 | 17,677,000 |
| Risk-weighted assets | 101,789,000 | 101,928,000 | 105,663,000 | 107,808,000 |