Call reports 2021
CORNERSTONE STATE BANK — 2021
What CORNERSTONE STATE 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 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 224,349,000 | 222,855,000 | 228,680,000 | 231,219,000 |
| Total loans | 111,833,000 | 109,441,000 | 112,005,000 | 110,753,000 |
| Allowance for loan losses | 1,355,000 | 1,364,000 | 1,367,000 | 1,370,000 |
| Securities available for sale | 81,177,000 | 88,572,000 | 96,082,000 | 95,974,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 200,613,000 | 198,953,000 | 204,857,000 | 207,715,000 |
| Interest-bearing deposits | 176,260,000 | 176,289,000 | 180,308,000 | 182,180,000 |
| Noninterest-bearing deposits | 24,353,000 | 22,664,000 | 24,549,000 | 25,535,000 |
| Equity capital | 22,348,000 | 22,431,000 | 22,304,000 | 22,152,000 |
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 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,615,000 | 3,221,000 | 4,878,000 | 6,430,000 |
| Interest expense | 161,000 | 315,000 | 464,000 | 629,000 |
| Net interest income | 1,454,000 | 2,906,000 | 4,414,000 | 5,801,000 |
| Noninterest income | 659,000 | 1,156,000 | 1,546,000 | 2,146,000 |
| Noninterest expense | 1,329,000 | 2,735,000 | 4,156,000 | 5,323,000 |
| Provision for loan losses | 60,000 | 60,000 | 60,000 | 60,000 |
| Pretax income | 724,000 | 1,267,000 | 1,744,000 | 2,564,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 724,000 | 1,266,000 | 1,743,000 | 2,563,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,874,000 | 21,817,000 | 21,773,000 | 22,108,000 |