Call reports 2019
CORNERSTONE BANK — 2019
What CORNERSTONE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 217,491,000 | 219,671,000 | 211,425,000 | 219,895,000 |
| Total loans | 82,096,000 | 83,766,000 | 85,795,000 | 90,674,000 |
| Allowance for loan losses | 1,018,000 | 1,029,000 | 965,000 | 910,000 |
| Securities available for sale | 99,537,000 | 107,554,000 | 103,457,000 | 99,985,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 197,729,000 | 199,998,000 | 190,558,000 | 199,553,000 |
| Interest-bearing deposits | 146,975,000 | 146,153,000 | 144,972,000 | 156,832,000 |
| Noninterest-bearing deposits | 50,754,000 | 53,845,000 | 45,586,000 | 42,721,000 |
| Equity capital | 15,359,000 | 17,190,000 | 18,071,000 | 17,905,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,811,000 | 3,686,000 | 5,594,000 | 7,555,000 |
| Interest expense | 222,000 | 460,000 | 714,000 | 986,000 |
| Net interest income | 1,589,000 | 3,226,000 | 4,880,000 | 6,569,000 |
| Noninterest income | 325,000 | 693,000 | 1,118,000 | 1,450,000 |
| Noninterest expense | 1,467,000 | 3,015,000 | 4,676,000 | 6,212,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 452,000 | 917,000 | 1,377,000 | 1,910,000 |
| Income tax | 58,000 | 119,000 | 175,000 | 242,000 |
| Net income | 394,000 | 798,000 | 1,202,000 | 1,668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,927,000 | 17,332,000 | 17,736,000 | 18,099,000 |
| Total capital | 17,945,000 | 18,361,000 | 18,701,000 | 19,009,000 |
| Risk-weighted assets | 108,695,000 | 111,149,000 | 112,542,000 | 116,447,000 |