Call reports 2019
CORNERSTONE BANK — 2019
What CORNERSTONE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 219,157,000 | 212,446,000 | 192,840,000 | 195,353,000 |
| Total loans | 151,999,000 | 137,181,000 | 132,634,000 | 129,725,000 |
| Allowance for loan losses | 2,960,000 | 2,594,000 | 2,580,000 | 2,693,000 |
| Securities available for sale | 39,388,000 | 37,432,000 | 29,980,000 | 28,813,000 |
| Securities held to maturity | 4,153,000 | 4,097,000 | 3,955,000 | 3,862,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 165,555,000 | 164,103,000 | 154,300,000 | 157,479,000 |
| Interest-bearing deposits | 129,041,000 | 125,570,000 | 120,901,000 | 124,861,000 |
| Noninterest-bearing deposits | 36,514,000 | 38,533,000 | 33,399,000 | 32,618,000 |
| Equity capital | 20,920,000 | 20,696,000 | 20,925,000 | 20,245,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,605,000 | 5,037,000 | 7,373,000 | 9,300,000 |
| Interest expense | 551,000 | 1,117,000 | 1,631,000 | 2,134,000 |
| Net interest income | 2,054,000 | 3,920,000 | 5,742,000 | 7,166,000 |
| Noninterest income | 213,000 | 327,000 | 672,000 | 975,000 |
| Noninterest expense | 2,264,000 | 4,526,000 | 6,685,000 | 8,849,000 |
| Provision for loan losses | 110,000 | 587,000 | 588,000 | 783,000 |
| Pretax income | -72,000 | -812,000 | -709,000 | -1,341,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -72,000 | -812,000 | -709,000 | -1,341,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,558,000 | 20,824,000 | 20,920,000 | 20,289,000 |
| Total capital | 23,713,000 | 22,862,000 | 22,875,000 | 22,217,000 |
| Risk-weighted assets | 139,165,000 | 130,079,000 | 123,387,000 | 121,114,000 |