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 | 1,528,166,000 | 1,585,247,000 | 1,589,488,000 | 1,634,251,000 |
| Total loans | 1,131,903,000 | 1,197,248,000 | 1,197,324,000 | 1,203,181,000 |
| Allowance for loan losses | 13,353,000 | 11,944,000 | 12,304,000 | 12,783,000 |
| Securities available for sale | 101,986,000 | 102,322,000 | 101,388,000 | 97,648,000 |
| Securities held to maturity | 139,996,000 | 135,756,000 | 136,141,000 | 134,786,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,287,055,000 | 1,301,956,000 | 1,340,221,000 | 1,390,898,000 |
| Interest-bearing deposits | 1,042,909,000 | 1,068,951,000 | 1,124,358,000 | 1,110,581,000 |
| Noninterest-bearing deposits | 244,146,000 | 233,005,000 | 215,863,000 | 280,317,000 |
| Equity capital | 131,922,000 | 135,806,000 | 139,883,000 | 142,942,000 |
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 | 14,559,000 | 30,300,000 | 46,901,000 | 63,384,000 |
| Interest expense | 1,585,000 | 3,586,000 | 6,164,000 | 8,774,000 |
| Net interest income | 12,974,000 | 26,714,000 | 40,737,000 | 54,610,000 |
| Noninterest income | 3,864,000 | 7,599,000 | 11,565,000 | 15,967,000 |
| Noninterest expense | 10,543,000 | 21,557,000 | 32,250,000 | 43,626,000 |
| Provision for loan losses | 740,000 | 1,488,000 | 2,244,000 | 3,000,000 |
| Pretax income | 5,555,000 | 11,268,000 | 17,808,000 | 23,951,000 |
| Income tax | 150,000 | 302,000 | 458,000 | 619,000 |
| Net income | 5,405,000 | 10,966,000 | 17,350,000 | 23,332,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 122,462,000 | 126,175,000 | 130,712,000 | 134,841,000 |
| Total capital | 135,815,000 | 138,119,000 | 143,016,000 | 147,624,000 |
| Risk-weighted assets | 1,218,448,000 | 1,277,215,000 | 1,277,192,000 | 1,296,496,000 |