Call reports 2017
CORNERSTONE BANK — 2017
What CORNERSTONE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 39,229,000 | 38,145,000 | 38,491,000 | 38,774,000 |
| Total loans | 21,803,000 | 21,423,000 | 22,396,000 | 22,694,000 |
| Allowance for loan losses | 113,000 | 142,000 | 144,000 | 141,000 |
| Securities available for sale | 3,403,000 | 3,546,000 | 3,670,000 | 3,953,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,221,000 | 31,961,000 | 32,307,000 | 32,492,000 |
| Interest-bearing deposits | 30,723,000 | 29,425,000 | 29,820,000 | 30,067,000 |
| Noninterest-bearing deposits | 2,498,000 | 2,536,000 | 2,487,000 | 2,425,000 |
| Equity capital | 5,513,000 | 5,553,000 | 5,585,000 | 5,588,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 339,000 | 669,000 | 1,005,000 | 1,345,000 |
| Interest expense | 47,000 | 92,000 | 142,000 | 195,000 |
| Net interest income | 292,000 | 577,000 | 863,000 | 1,150,000 |
| Noninterest income | 34,000 | 66,000 | 112,000 | 161,000 |
| Noninterest expense | 324,000 | 617,000 | 903,000 | 1,203,000 |
| Provision for loan losses | 10,000 | 5,000 | 10,000 | 10,000 |
| Pretax income | -6,000 | 21,000 | 62,000 | 98,000 |
| Income tax | -5,000 | -3,000 | 3,000 | 6,000 |
| Net income | -1,000 | 24,000 | 59,000 | 92,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,513,000 | 5,512,000 | 5,550,000 | 5,595,000 |
| Total capital | 5,626,000 | 5,654,000 | 5,693,000 | 5,736,000 |
| Risk-weighted assets | 17,701,000 | 17,492,000 | 18,335,000 | 18,347,000 |