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 | 1,541,691,000 | 1,583,378,000 | 1,619,060,000 | 1,706,292,000 |
| Total loans | 1,175,217,000 | 1,190,273,000 | 1,213,397,000 | 1,236,923,000 |
| Allowance for loan losses | 13,308,000 | 13,788,000 | 14,159,000 | 14,503,000 |
| Securities available for sale | 95,654,000 | 101,643,000 | 100,472,000 | 109,423,000 |
| Securities held to maturity | 134,013,000 | 131,307,000 | 130,052,000 | 130,600,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,333,425,000 | 1,334,295,000 | 1,380,952,000 | 1,508,276,000 |
| Interest-bearing deposits | 1,090,914,000 | 1,107,643,000 | 1,154,303,000 | 1,208,090,000 |
| Noninterest-bearing deposits | 242,511,000 | 226,652,000 | 226,649,000 | 300,186,000 |
| Equity capital | 148,126,000 | 155,943,000 | 161,267,000 | 167,183,000 |
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 | 16,232,000 | 33,056,000 | 50,635,000 | 68,894,000 |
| Interest expense | 2,649,000 | 5,705,000 | 9,392,000 | 13,524,000 |
| Net interest income | 13,583,000 | 27,351,000 | 41,243,000 | 55,370,000 |
| Noninterest income | 3,823,000 | 7,882,000 | 11,938,000 | 15,840,000 |
| Noninterest expense | 11,083,000 | 22,209,000 | 33,887,000 | 46,488,000 |
| Provision for loan losses | 500,000 | 1,000,000 | 1,500,000 | 2,000,000 |
| Pretax income | 5,823,000 | 12,024,000 | 17,794,000 | 22,620,000 |
| Income tax | 163,000 | 323,000 | 485,000 | 659,000 |
| Net income | 5,660,000 | 11,701,000 | 17,309,000 | 21,961,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 140,018,000 | 148,467,000 | 154,486,000 | 158,066,000 |
| Total capital | 153,326,000 | 162,255,000 | 168,645,000 | 172,569,000 |
| Risk-weighted assets | 1,257,650,000 | 1,272,979,000 | 1,300,536,000 | 1,342,292,000 |