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 | 1,642,663,000 | 1,644,386,000 | 1,666,509,000 | 1,734,584,000 |
| Total loans | 1,194,987,000 | 1,222,693,000 | 1,247,632,000 | 1,284,451,000 |
| Allowance for loan losses | 14,843,000 | 15,002,000 | 15,017,000 | 14,532,000 |
| Securities available for sale | 139,116,000 | 110,418,000 | 108,704,000 | 121,141,000 |
| Securities held to maturity | 130,949,000 | 132,567,000 | 131,969,000 | 133,922,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,464,165,000 | 1,433,484,000 | 1,440,385,000 | 1,491,631,000 |
| Interest-bearing deposits | 1,238,108,000 | 1,208,721,000 | 1,209,473,000 | 1,220,793,000 |
| Noninterest-bearing deposits | 226,057,000 | 224,763,000 | 230,912,000 | 270,838,000 |
| Equity capital | 172,136,000 | 174,866,000 | 177,474,000 | 180,108,000 |
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 | 18,363,000 | 36,923,000 | 55,871,000 | 74,729,000 |
| Interest expense | 4,287,000 | 8,794,000 | 13,475,000 | 18,008,000 |
| Net interest income | 14,076,000 | 28,129,000 | 42,396,000 | 56,721,000 |
| Noninterest income | 4,021,000 | 7,580,000 | 11,620,000 | 15,785,000 |
| Noninterest expense | 11,823,000 | 23,597,000 | 35,819,000 | 47,964,000 |
| Provision for loan losses | 296,000 | 595,000 | 898,000 | 1,200,000 |
| Pretax income | 6,045,000 | 11,581,000 | 17,408,000 | 23,460,000 |
| Income tax | 174,000 | 345,000 | 515,000 | 690,000 |
| Net income | 5,871,000 | 11,236,000 | 16,893,000 | 22,770,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 162,157,000 | 164,503,000 | 167,486,000 | 168,662,000 |
| Total capital | 177,000,000 | 179,505,000 | 182,503,000 | 183,194,000 |
| Risk-weighted assets | 1,297,357,000 | 1,316,125,000 | 1,341,509,000 | 1,393,390,000 |