Call reports 2023
CORNERSTONE STATE BANK — 2023
What CORNERSTONE STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 220,192,000 | 222,520,000 | 221,077,000 | 228,156,000 |
| Total loans | 127,080,000 | 126,302,000 | 128,858,000 | 133,805,000 |
| Allowance for loan losses | 1,316,000 | 1,312,000 | 1,363,000 | 1,458,000 |
| Securities available for sale | 77,942,000 | 74,409,000 | 71,791,000 | 75,218,000 |
| Securities held to maturity | 779,000 | 779,000 | 779,000 | 779,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,675,000 | 203,100,000 | 205,436,000 | 207,747,000 |
| Interest-bearing deposits | 177,855,000 | 179,457,000 | 177,818,000 | 179,661,000 |
| Noninterest-bearing deposits | 25,820,000 | 23,643,000 | 27,618,000 | 28,086,000 |
| Equity capital | 12,849,000 | 11,557,000 | 9,564,000 | 14,326,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,915,000 | 3,999,000 | 6,114,000 | 8,348,000 |
| Interest expense | 434,000 | 1,028,000 | 1,851,000 | 2,774,000 |
| Net interest income | 1,481,000 | 2,971,000 | 4,263,000 | 5,574,000 |
| Noninterest income | 551,000 | 882,000 | 1,209,000 | 1,496,000 |
| Noninterest expense | 1,369,000 | 2,668,000 | 4,006,000 | 5,309,000 |
| Provision for loan losses | -52,000 | -70,000 | -22,000 | 49,000 |
| Pretax income | 516,000 | 1,038,000 | 1,259,000 | 1,494,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 516,000 | 1,038,000 | 1,259,000 | 1,494,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,014,000 | 23,630,000 | 23,707,000 | 23,800,000 |