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 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,001,464,000 | 1,972,037,000 | 1,981,023,000 | 2,056,362,000 |
| Total loans | 1,424,008,000 | 1,375,004,000 | 1,419,545,000 | 1,390,427,000 |
| Allowance for loan losses | 15,942,000 | 16,395,000 | 16,175,000 | 16,072,000 |
| Securities available for sale | 173,400,000 | 211,027,000 | 193,524,000 | 225,592,000 |
| Securities held to maturity | 144,341,000 | 158,488,000 | 164,825,000 | 190,917,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,808,631,000 | 1,769,279,000 | 1,776,443,000 | 1,853,001,000 |
| Interest-bearing deposits | 1,462,570,000 | 1,440,881,000 | 1,411,575,000 | 1,421,212,000 |
| Noninterest-bearing deposits | 346,061,000 | 328,398,000 | 364,868,000 | 431,789,000 |
| Equity capital | 185,987,000 | 193,423,000 | 196,858,000 | 196,745,000 |
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 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 16,459,000 | 35,648,000 | 55,798,000 | 72,883,000 |
| Interest expense | 2,613,000 | 4,917,000 | 6,925,000 | 8,636,000 |
| Net interest income | 13,846,000 | 30,731,000 | 48,873,000 | 64,247,000 |
| Noninterest income | 4,048,000 | 8,234,000 | 12,568,000 | 17,307,000 |
| Noninterest expense | 12,864,000 | 26,109,000 | 40,287,000 | 54,880,000 |
| Provision for loan losses | 518,000 | 1,041,000 | 1,321,000 | 1,600,000 |
| Pretax income | 4,661,000 | 11,945,000 | 20,036,000 | 25,353,000 |
| Income tax | 204,000 | 411,000 | 619,000 | 799,000 |
| Net income | 4,457,000 | 11,534,000 | 19,417,000 | 24,554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 177,488,000 | 182,198,000 | 186,818,000 | 188,671,000 |