Call reports 2021
CORNERSTONE BANK — 2021
What CORNERSTONE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Total assets | 228,718,000 | 240,878,000 | 253,756,000 |
| Total loans | 111,596,000 | 115,523,000 | 117,946,000 |
| Allowance for loan losses | 1,052,000 | 1,057,000 | 1,060,000 |
| Securities available for sale | 78,414,000 | 92,167,000 | 90,663,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 203,930,000 | 215,266,000 | 228,080,000 |
| Interest-bearing deposits | 148,936,000 | 156,257,000 | 169,057,000 |
| Noninterest-bearing deposits | 54,994,000 | 59,009,000 | 59,023,000 |
| Equity capital | 22,113,000 | 22,714,000 | 22,785,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Interest income | 2,162,000 | 4,204,000 | 6,124,000 |
| Interest expense | 124,000 | 245,000 | 371,000 |
| Net interest income | 2,038,000 | 3,959,000 | 5,753,000 |
| Noninterest income | 238,000 | 499,000 | 830,000 |
| Noninterest expense | 1,629,000 | 3,277,000 | 5,185,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 664,000 | 1,258,000 | 1,475,000 |
| Income tax | 122,000 | 227,000 | 235,000 |
| Net income | 542,000 | 1,031,000 | 1,240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Tier 1 capital | 19,440,000 | 19,929,000 | 20,137,000 |
| Total capital | 20,492,000 | 20,986,000 | 21,197,000 |
| Risk-weighted assets | 128,631,000 | 132,917,000 | 134,776,000 |