Call reports 2016
CORNERSTONE STATE BANK — 2016
What CORNERSTONE STATE 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 | 164,265,000 | 166,241,000 | 166,567,000 | 171,294,000 |
| Total loans | 102,852,000 | 101,955,000 | 98,120,000 | 98,767,000 |
| Allowance for loan losses | 1,650,000 | 1,688,000 | 1,836,000 | 1,710,000 |
| Securities available for sale | 33,907,000 | 34,477,000 | 44,150,000 | 49,941,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,383,000 | 146,988,000 | 146,945,000 | 153,428,000 |
| Interest-bearing deposits | 123,983,000 | 125,760,000 | 132,914,000 | 137,795,000 |
| Noninterest-bearing deposits | 21,400,000 | 21,228,000 | 14,031,000 | 15,633,000 |
| Equity capital | 17,593,000 | 17,973,000 | 18,359,000 | 16,500,000 |
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 | 1,381,000 | 3,022,000 | 4,564,000 | 6,096,000 |
| Interest expense | 136,000 | 285,000 | 434,000 | 598,000 |
| Net interest income | 1,245,000 | 2,737,000 | 4,130,000 | 5,498,000 |
| Noninterest income | 212,000 | 472,000 | 816,000 | 1,097,000 |
| Noninterest expense | 989,000 | 2,341,000 | 3,435,000 | 4,737,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 180,000 |
| Pretax income | 408,000 | 748,000 | 1,331,000 | 1,678,000 |
| Income tax | 4,000 | 4,000 | 4,000 | 4,000 |
| Net income | 404,000 | 744,000 | 1,327,000 | 1,674,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,601,000 | 16,692,000 | 17,162,000 | 17,162,000 |
| Total capital | 18,188,000 | 18,272,000 | 18,734,000 | 18,763,000 |
| Risk-weighted assets | 126,864,000 | 126,248,000 | 125,520,000 | 127,948,000 |