Call reports 2024
CORNERSTONE STATE BANK — 2024
What CORNERSTONE STATE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 227,272,000 | 226,460,000 | 231,990,000 | 236,919,000 |
| Total loans | 138,475,000 | 141,444,000 | 142,618,000 | 149,845,000 |
| Allowance for loan losses | 1,528,000 | 1,595,000 | 1,454,000 | 1,521,000 |
| Securities available for sale | 72,675,000 | 69,056,000 | 73,790,000 | 68,024,000 |
| Securities held to maturity | 779,000 | 779,000 | 779,000 | 779,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 207,736,000 | 205,204,000 | 209,722,000 | 216,249,000 |
| Interest-bearing deposits | 180,653,000 | 179,655,000 | 178,462,000 | 185,859,000 |
| Noninterest-bearing deposits | 27,083,000 | 25,549,000 | 31,260,000 | 30,390,000 |
| Equity capital | 13,257,000 | 13,073,000 | 15,982,000 | 14,350,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,310,000 | 4,720,000 | 7,210,000 | 9,837,000 |
| Interest expense | 1,058,000 | 2,096,000 | 3,245,000 | 4,347,000 |
| Net interest income | 1,252,000 | 2,624,000 | 3,965,000 | 5,490,000 |
| Noninterest income | 285,000 | 614,000 | 972,000 | 1,311,000 |
| Noninterest expense | 1,452,000 | 2,848,000 | 4,154,000 | 5,323,000 |
| Provision for loan losses | 66,000 | 115,000 | 160,000 | 217,000 |
| Pretax income | 25,000 | 268,000 | 601,000 | 1,257,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 25,000 | 268,000 | 601,000 | 1,257,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,467,000 | 23,656,000 | 23,941,000 | 24,525,000 |