Call reports 2021
CORNERSTONE BANK — 2021
What CORNERSTONE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Total assets | 213,736,000 | 223,748,000 | 228,724,000 |
| Total loans | 148,726,000 | 141,420,000 | 130,947,000 |
| Allowance for loan losses | 2,520,000 | 2,273,000 | 2,275,000 |
| Securities available for sale | 33,962,000 | 31,232,000 | 14,645,000 |
| Securities held to maturity | 3,253,000 | 3,156,000 | 1,191,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 192,166,000 | 201,532,000 | 207,058,000 |
| Interest-bearing deposits | 136,290,000 | 139,574,000 | 139,220,000 |
| Noninterest-bearing deposits | 55,876,000 | 61,958,000 | 67,838,000 |
| Equity capital | 18,644,000 | 19,363,000 | 19,077,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Interest income | 2,064,000 | 4,442,000 | 5,898,000 |
| Interest expense | 400,000 | 735,000 | 1,070,000 |
| Net interest income | 1,664,000 | 3,707,000 | 4,828,000 |
| Noninterest income | 358,000 | 483,000 | 912,000 |
| Noninterest expense | 1,503,000 | 3,215,000 | 4,933,000 |
| Provision for loan losses | 0 | -250,000 | -250,000 |
| Pretax income | 519,000 | 1,225,000 | 1,323,000 |
| Income tax | 0 | 0 | 0 |
| Net income | 519,000 | 1,225,000 | 1,323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Tier 1 capital | 18,359,000 | 19,065,000 | 19,165,000 |
| Total capital | 19,857,000 | 20,501,000 | 20,567,000 |
| Risk-weighted assets | 118,789,000 | 114,038,000 | 111,270,000 |