Call reports 2019
CORNERSTONE BANK — 2019
What CORNERSTONE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 40,195,000 | 40,678,000 | 41,254,000 | 41,344,000 |
| Total loans | 24,567,000 | 24,762,000 | 24,778,000 | 25,111,000 |
| Allowance for loan losses | 204,000 | 201,000 | 200,000 | 198,000 |
| Securities available for sale | 3,219,000 | 2,758,000 | 2,870,000 | 2,871,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,034,000 | 34,445,000 | 34,819,000 | 34,927,000 |
| Interest-bearing deposits | 29,847,000 | 31,161,000 | 31,472,000 | 31,852,000 |
| Noninterest-bearing deposits | 3,187,000 | 3,284,000 | 3,347,000 | 3,075,000 |
| Equity capital | 5,590,000 | 5,594,000 | 5,603,000 | 5,553,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 356,000 | 763,000 | 1,167,000 | 1,578,000 |
| Interest expense | 96,000 | 215,000 | 348,000 | 485,000 |
| Net interest income | 260,000 | 548,000 | 819,000 | 1,093,000 |
| Noninterest income | 49,000 | 74,000 | 131,000 | 164,000 |
| Noninterest expense | 317,000 | 653,000 | 978,000 | 1,354,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -8,000 | -31,000 | -28,000 | -97,000 |
| Income tax | -5,000 | -13,000 | -16,000 | -33,000 |
| Net income | -3,000 | -18,000 | -12,000 | -64,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,591,000 | 5,571,000 | 5,578,000 | 5,536,000 |
| Total capital | 5,795,000 | 5,772,000 | 5,778,000 | 5,734,000 |
| Risk-weighted assets | 20,115,000 | 20,181,000 | 20,838,000 | 21,139,000 |