Call reports 2020
CORNERSTONE STATE BANK — 2020
What CORNERSTONE STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 176,306,000 | 195,937,000 | 203,548,000 | 213,500,000 |
| Total loans | 108,785,000 | 115,996,000 | 115,701,000 | 112,235,000 |
| Allowance for loan losses | 1,371,000 | 1,439,000 | 1,592,000 | 1,303,000 |
| Securities available for sale | 43,489,000 | 48,222,000 | 60,329,000 | 69,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,329,000 | 172,940,000 | 180,111,000 | 189,435,000 |
| Interest-bearing deposits | 137,543,000 | 147,611,000 | 152,535,000 | 166,916,000 |
| Noninterest-bearing deposits | 15,786,000 | 25,329,000 | 27,576,000 | 22,519,000 |
| Equity capital | 21,619,000 | 21,743,000 | 22,187,000 | 22,729,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,664,000 | 3,281,000 | 5,025,000 | 6,806,000 |
| Interest expense | 235,000 | 430,000 | 618,000 | 821,000 |
| Net interest income | 1,429,000 | 2,851,000 | 4,407,000 | 5,985,000 |
| Noninterest income | 374,000 | 751,000 | 1,255,000 | 1,766,000 |
| Noninterest expense | 1,278,000 | 2,620,000 | 3,871,000 | 5,234,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 465,000 | 862,000 | 1,679,000 | 2,345,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 465,000 | 862,000 | 1,679,000 | 2,345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,249,000 | 20,230,000 | 20,856,000 | 21,329,000 |