Call reports 2024
CORNERSTONE CAPITAL BANK, SSB — 2024
What CORNERSTONE CAPITAL BANK, SSB reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,081,188,000 | 2,302,045,000 | 2,620,577,000 | 2,280,636,000 |
| Total loans | 1,173,209,000 | 1,257,473,000 | 1,295,545,000 | 1,399,427,000 |
| Allowance for loan losses | 5,372,000 | 5,635,000 | 6,831,000 | 7,394,000 |
| Securities available for sale | 119,260,000 | 142,787,000 | 147,405,000 | 105,448,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,167,366,000 | 1,335,498,000 | 1,581,313,000 | 1,380,650,000 |
| Interest-bearing deposits | 904,210,000 | 1,029,453,000 | 1,216,952,000 | 1,141,632,000 |
| Noninterest-bearing deposits | 263,156,000 | 306,045,000 | 364,361,000 | 239,018,000 |
| Equity capital | 324,075,000 | 324,779,000 | 331,250,000 | 332,626,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 26,753,000 | 54,227,000 | 85,469,000 | 116,460,000 |
| Interest expense | 18,056,000 | 35,973,000 | 56,616,000 | 76,566,000 |
| Net interest income | 8,697,000 | 18,254,000 | 28,853,000 | 39,894,000 |
| Noninterest income | 74,430,000 | 152,907,000 | 228,705,000 | 302,589,000 |
| Noninterest expense | 69,286,000 | 142,612,000 | 213,427,000 | 285,765,000 |
| Provision for loan losses | 789,000 | 1,155,000 | 2,352,000 | 2,921,000 |
| Pretax income | 13,052,000 | 27,208,000 | 41,593,000 | 53,567,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,442,000 | 9,433,000 | 14,929,000 | 17,936,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 310,393,000 | 333,163,000 | 339,199,000 | 338,538,000 |
| Total capital | 315,862,000 | 338,983,000 | 346,215,000 | 346,162,000 |
| Risk-weighted assets | 1,172,298,000 | 1,143,643,000 | 1,196,742,000 | 1,283,431,000 |