Call reports 2017
CORNERSTONE BANK — 2017
What CORNERSTONE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 241,383,000 | 247,283,000 | 252,731,000 | 267,659,000 |
| Total loans | 181,414,000 | 184,262,000 | 183,114,000 | 174,784,000 |
| Allowance for loan losses | 3,344,000 | 3,340,000 | 3,485,000 | 3,379,000 |
| Securities available for sale | 31,041,000 | 27,862,000 | 27,059,000 | 26,075,000 |
| Securities held to maturity | 5,745,000 | 5,491,000 | 5,250,000 | 5,066,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,314,000 | 205,178,000 | 208,294,000 | 242,491,000 |
| Interest-bearing deposits | 162,897,000 | 166,663,000 | 172,547,000 | 173,899,000 |
| Noninterest-bearing deposits | 36,417,000 | 38,515,000 | 35,747,000 | 68,592,000 |
| Equity capital | 13,831,000 | 14,090,000 | 20,188,000 | 20,818,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,419,000 | 4,978,000 | 7,603,000 | 10,407,000 |
| Interest expense | 434,000 | 894,000 | 1,394,000 | 1,837,000 |
| Net interest income | 1,985,000 | 4,084,000 | 6,209,000 | 8,570,000 |
| Noninterest income | 679,000 | 1,051,000 | 1,762,000 | 2,350,000 |
| Noninterest expense | 2,687,000 | 4,987,000 | 7,229,000 | 9,698,000 |
| Provision for loan losses | 190,000 | 245,000 | 245,000 | 245,000 |
| Pretax income | -205,000 | -111,000 | 483,000 | 963,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -205,000 | -111,000 | 483,000 | 963,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,574,000 | 14,672,000 | 20,671,000 | 21,407,000 |
| Total capital | 17,464,000 | 17,569,000 | 23,560,000 | 24,217,000 |
| Risk-weighted assets | 165,936,000 | 166,559,000 | 165,719,000 | 159,465,000 |