Call reports 2018
CORNERSTONE BANK — 2018
What CORNERSTONE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 271,081,000 | 233,566,000 | 215,209,000 | 224,034,000 |
| Total loans | 176,147,000 | 171,084,000 | 150,423,000 | 149,631,000 |
| Allowance for loan losses | 3,174,000 | 2,930,000 | 2,948,000 | 2,842,000 |
| Securities available for sale | 43,840,000 | 42,783,000 | 41,637,000 | 41,311,000 |
| Securities held to maturity | 4,863,000 | 4,677,000 | 4,420,000 | 4,244,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,204,000 | 208,569,000 | 188,630,000 | 175,515,000 |
| Interest-bearing deposits | 172,010,000 | 154,138,000 | 140,274,000 | 133,408,000 |
| Noninterest-bearing deposits | 74,194,000 | 54,431,000 | 48,356,000 | 42,107,000 |
| Equity capital | 20,987,000 | 21,025,000 | 20,669,000 | 20,626,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,783,000 | 5,643,000 | 8,210,000 | 10,853,000 |
| Interest expense | 354,000 | 692,000 | 1,015,000 | 1,478,000 |
| Net interest income | 2,429,000 | 4,951,000 | 7,195,000 | 9,375,000 |
| Noninterest income | 465,000 | 697,000 | 779,000 | 845,000 |
| Noninterest expense | 2,300,000 | 4,791,000 | 7,225,000 | 9,155,000 |
| Provision for loan losses | 0 | 0 | 0 | 851,000 |
| Pretax income | 594,000 | 857,000 | 749,000 | 214,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 594,000 | 857,000 | 749,000 | 214,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,997,000 | 22,263,000 | 22,157,000 | 21,627,000 |
| Total capital | 24,671,000 | 24,870,000 | 24,542,000 | 23,962,000 |
| Risk-weighted assets | 164,797,000 | 159,532,000 | 141,616,000 | 137,655,000 |