Call reports 2016
CORNERSTONE BANK — 2016
What CORNERSTONE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 240,716,000 | 237,041,000 | 241,877,000 | 243,216,000 |
| Total loans | 168,536,000 | 169,584,000 | 165,934,000 | 169,756,000 |
| Allowance for loan losses | 3,138,000 | 3,030,000 | 3,276,000 | 3,147,000 |
| Securities available for sale | 32,177,000 | 27,189,000 | 27,905,000 | 36,894,000 |
| Securities held to maturity | 6,729,000 | 6,464,000 | 6,165,000 | 5,912,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,108,000 | 197,996,000 | 203,932,000 | 205,073,000 |
| Interest-bearing deposits | 167,478,000 | 163,829,000 | 164,245,000 | 163,530,000 |
| Noninterest-bearing deposits | 34,630,000 | 34,167,000 | 39,687,000 | 41,543,000 |
| Equity capital | 8,410,000 | 9,147,000 | 9,255,000 | 10,374,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,281,000 | 4,879,000 | 7,447,000 | 9,729,000 |
| Interest expense | 474,000 | 932,000 | 1,375,000 | 1,821,000 |
| Net interest income | 1,807,000 | 3,947,000 | 6,072,000 | 7,908,000 |
| Noninterest income | 574,000 | 909,000 | 1,752,000 | 2,225,000 |
| Noninterest expense | 2,269,000 | 4,930,000 | 7,479,000 | 9,667,000 |
| Provision for loan losses | 50,000 | -775,000 | -575,000 | -593,000 |
| Pretax income | 74,000 | 723,000 | 941,000 | 1,080,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 74,000 | 723,000 | 941,000 | 1,080,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,571,000 | 9,245,000 | 9,464,000 | 11,180,000 |
| Total capital | 11,585,000 | 12,224,000 | 12,428,000 | 14,183,000 |
| Risk-weighted assets | 159,951,000 | 157,267,000 | 155,823,000 | 159,081,000 |