Call reports 2016
CORNERSTONE BANK — 2016
What CORNERSTONE 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 | 38,485,000 | 39,046,000 | 38,780,000 | 39,365,000 |
| Total loans | 22,268,000 | 23,086,000 | 22,237,000 | 22,001,000 |
| Allowance for loan losses | 123,000 | 118,000 | 142,000 | 104,000 |
| Securities available for sale | 3,809,000 | 2,410,000 | 2,401,000 | 3,212,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,526,000 | 32,730,000 | 32,682,000 | 33,218,000 |
| Interest-bearing deposits | 30,613,000 | 30,905,000 | 30,504,000 | 31,086,000 |
| Noninterest-bearing deposits | 1,913,000 | 1,825,000 | 2,178,000 | 2,132,000 |
| Equity capital | 5,456,000 | 5,508,000 | 5,527,000 | 5,509,000 |
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 | 348,000 | 692,000 | 1,034,000 | 1,371,000 |
| Interest expense | 42,000 | 87,000 | 134,000 | 183,000 |
| Net interest income | 306,000 | 605,000 | 900,000 | 1,188,000 |
| Noninterest income | 35,000 | 68,000 | 99,000 | 131,000 |
| Noninterest expense | 324,000 | 606,000 | 904,000 | 1,207,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 17,000 | 67,000 | 95,000 | 124,000 |
| Income tax | -8,000 | 6,000 | 10,000 | 25,000 |
| Net income | 25,000 | 61,000 | 85,000 | 99,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,422,000 | 5,458,000 | 5,486,000 | 5,497,000 |
| Total capital | 5,545,000 | 5,576,000 | 5,628,000 | 5,601,000 |
| Risk-weighted assets | 18,817,000 | 19,059,000 | 18,389,000 | 18,145,000 |