Call reports 2018
CORNERSTONE BANK — 2018
What CORNERSTONE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 38,786,000 | 38,728,000 | 37,630,000 | 38,677,000 |
| Total loans | 22,647,000 | 23,924,000 | 23,928,000 | 24,358,000 |
| Allowance for loan losses | 141,000 | 228,000 | 228,000 | 208,000 |
| Securities available for sale | 3,927,000 | 3,680,000 | 3,666,000 | 3,192,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,510,000 | 32,629,000 | 31,504,000 | 31,461,000 |
| Interest-bearing deposits | 29,809,000 | 29,300,000 | 28,348,000 | 28,429,000 |
| Noninterest-bearing deposits | 2,701,000 | 3,329,000 | 3,156,000 | 3,032,000 |
| Equity capital | 5,507,000 | 5,478,000 | 5,518,000 | 5,570,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 337,000 | 710,000 | 1,087,000 | 1,465,000 |
| Interest expense | 57,000 | 120,000 | 194,000 | 277,000 |
| Net interest income | 280,000 | 590,000 | 893,000 | 1,188,000 |
| Noninterest income | 41,000 | 91,000 | 138,000 | 181,000 |
| Noninterest expense | 310,000 | 625,000 | 909,000 | 1,211,000 |
| Provision for loan losses | 94,000 | 186,000 | 186,000 | 186,000 |
| Pretax income | -83,000 | -130,000 | -64,000 | -28,000 |
| Income tax | -21,000 | -42,000 | -25,000 | -19,000 |
| Net income | -62,000 | -88,000 | -39,000 | -9,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,540,000 | 5,518,000 | 5,572,000 | 5,598,000 |
| Total capital | 5,681,000 | 5,746,000 | 5,800,000 | 5,806,000 |
| Risk-weighted assets | 18,672,000 | 19,314,000 | 19,190,000 | 19,668,000 |