Call reports 2023
CORNERSTONE CAPITAL BANK, SSB — 2023
What CORNERSTONE CAPITAL BANK, SSB reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,121,348,000 | 2,296,646,000 | 2,244,364,000 | 2,266,758,000 |
| Total loans | 1,039,464,000 | 1,124,627,000 | 1,040,097,000 | 1,278,592,000 |
| Allowance for loan losses | 2,374,000 | 3,476,000 | 4,263,000 | 4,584,000 |
| Securities available for sale | 86,537,000 | 100,440,000 | 97,098,000 | 140,927,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 858,642,000 | 1,071,192,000 | 1,206,092,000 | 1,101,275,000 |
| Interest-bearing deposits | 627,301,000 | 787,987,000 | 869,293,000 | 855,976,000 |
| Noninterest-bearing deposits | 231,341,000 | 283,205,000 | 336,799,000 | 245,299,000 |
| Equity capital | 342,942,000 | 342,819,000 | 339,690,000 | 332,057,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 18,603,000 | 44,700,000 | 71,590,000 | 100,975,000 |
| Interest expense | 13,393,000 | 34,567,000 | 54,080,000 | 73,045,000 |
| Net interest income | 5,210,000 | 10,133,000 | 17,510,000 | 27,930,000 |
| Noninterest income | 65,767,000 | 142,581,000 | 211,180,000 | 269,220,000 |
| Noninterest expense | 71,100,000 | 146,625,000 | 217,760,000 | 285,893,000 |
| Provision for loan losses | 468,000 | 1,571,000 | 2,371,000 | 3,614,000 |
| Pretax income | -591,000 | 4,518,000 | 8,559,000 | 7,643,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -7,625,000 | -9,449,000 | -11,625,000 | -20,581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 262,482,000 | 261,082,000 | 275,797,000 | 340,112,000 |
| Total capital | 264,856,000 | 264,558,000 | 280,060,000 | 344,696,000 |
| Risk-weighted assets | 1,172,820,000 | 1,272,690,000 | 1,252,771,000 | 1,173,904,000 |